Healthcare

IRS Section 199A Update

The IRS has recently issued the final regulations on the qualified business income deduction (IRC section 199A) that was part of the Tax Cuts and Jobs Act (TCJA). A little background: The qualified business income deduction represents a deduction up to 20% of income from a domestic business operated as a sole proprietorship or through […]

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Is Your Billing System Ready to Process October SNF Medicare Part A claims?

The Federal Fiscal Year (FY) 2019 rates are effective from October 1, 2018 through September 30, 2019.  The new rates include the annual market basket and wage index changes.  In addition, there is a new SNF Value Based Purchasing (VBP) program adjustments and some providers are subject to a SNF Quality Reporting Program (QRP) penalty.   […]

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10/1/18 PPS Rate Update

Update: CMS published a Correction Notice in October 2018, updating the Final Rule for Fiscal Year 2019 SNF PPS rates.  Click here to download the updated rates. CMS Issues FY 2019 RUG-IV Medicare SNF PPS Rates Effective October 1, 2018 The Centers for Medicare & Medicaid Services (CMS) published the final rule updating Medicare SNF […]

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CMS Five-Star Ratings: Impact of Changes

The Five-Star Quality Rating system for nursing facilities (NF) was created to help consumers and families more easily compare nursing homes and identify high and low performing facilities. Facilities are given a Five-Star rating in 4 areas – Overall, Staffing, Health Inspections, and Quality Measures. It is increasingly important for NFs to monitor Five-Star ratings […]

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