A new rule will increase 340B drug program cuts by expanding changes to off-campus provider-based hospital outpatient departments paid under the Physician Fee Schedule.
How the Tax Bill Will Impact Your Practice
Otolaryngologists should work closely with their accountants to ensure they are fully compliant and will reap the full benefits of the new tax bill.
OTC Hearing Aid Legislation Offers Accessibility, But Raises Concerns
The law aims to cut cost of hearing aids to make them more accessible, but may keep some patients from seeking proper care.
Senate Bill Targets Medical Device Cybersecurity
In August 2017, U.S. Senator Richard Blumenthal (D-CT) introduced a new bill to the Senate that would add requirements for medical device cybersecurity, including mandated testing and better remote access protections. The Medical Device Cybersecurity Act of 2017 seeks to improve medical device security by: Increasing transparency of medical device security by creating a “cyber […]
The 21st Century Cures Act
The 21st Century Cures Act, also known as the Cures Act, provides the National Institutes of Health (NIH) with critical tools and resources to advance biomedical research across the spectrum, from foundational basic research studies to advanced clinical trials of promising new therapies. Both the U.S. House of Representatives and the Senate passed it with […]
Reference Pricing and Otolaryngology
Most otolaryngologists likely have heard about reference pricing, the relatively nascent concept that a payer—be it a person, a plan, or a pension fund—contributes a set amount toward specific procedures. The most public example of the model is the California Public Employees’ Retirement System (CalPERS), which in 2011 began using the concept to determine what […]
Proposed Legislation Could Speed Up Audit Process, Increase Transparency
Many physicians are hailing a Congressional proposal to streamline the audit process of the CMS as a good step forward
Bundled Payments for Patients with Head, Neck Cancer Launched at MD Anderson Cancer Center
Pilot program for newly diagnosed patients reimburses hospitals for surgery, chemotherapy, radiation, diagnostic costs for one year of treatment
Medicare’s Open Payments Database Brings Transparency, Controversy
Releasing data on financial transactions between for-profit companies and physicians to the public raises concerns
Physician Pay Shifts from Volume to Value
Relative value unit payment system could replace complex, variable physician compensation model that exists today
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