by Amy Gillentine Published: December 3,2010
Tags: Medicare, Memorial Health System, pertussis
The Memorial Commission’s proposal about the future of Memorial Health System is in the hands of city council now. So what did it cost to get there? At least $331,479.31, according to Memorial’s accounting. The bulk of that went to the Bachman Group for public relations work and to Larry Singer, a Chicago-based health care [...] [...]
by Associated Press Published: November 29,2010
Tags: Health Care, Medicare
Congress agreed today to a one-month delay in Medicare payment cuts to doctors, giving a short-term reprieve to a looming crisis over treatment of the nation’s elderly. The House, in approving by voice vote the bill passed by the Senate earlier this month, postponed a 23 percent cut in doctors’ pay scheduled to take effect [...] [...]
by Associated Press Published: August 5,2010
Tags: Medicare, Social Security
Medicare and Social Security – the foundation of a secure retirement – are facing strains from an aging population and an economy that can’t seem to get out of low gear. And despite assertions to the contrary by the Obama administration, the new health care law doesn’t improve Medicare’s solvency by much. As the government [...] [...]
by Amy Gillentine Published: June 14,2010
Tags: bidding, Colorado Association of Medical Equipment Services, Medicare
A Colorado medical equipment industry group is supporting a bill that provides an alternative to Medicare competitive bidding programs. Congress is considering a bill that will reduce reimbursements to medical equipment providers, but will end competitive bidding for Medicare projects. The Colorado Association of Medical Equipment Services believes that the current process is a “scheme [...] [...]
by Amy Gillentine Published: April 20,2010
Tags: cuts, hikes, hospitals, long term care, Medicare
The nation’s hospitals will lose $142 million from Medicare cuts for the next fiscal year, a figure that represents about 0.1 percent of the hospital and acute-care budget for the Centers for Medicare and Medicaid Services. The new reimbursement rate does not yet include hospital-related provisions of health care reform. CMS officials said they will [...] [...]
WASHINGTON (AP) – It’s an annual ordeal for many seniors living on a budget. Medicare’s coverage gap for prescription drugs – $3,610 next year – has steadily gotten bigger since the benefit’s inception. But if Democrats have their way on health care overhaul, the dreaded “doughnut hole” will shrink by $500 right away and go [...] [...]
by Amy Gillentine Published: August 28,2009
Tags: Medicare
Hospitals worry about long-term impact of continued cuts Hospitals are scrambling to stem the effects of an additional 1.5 percent reduction in Medicaid reimbursements. The cuts come on top of the 2 percent reduction in Medicaid payments that was enacted earlier this year. “The cuts hit some hospitals pretty hard,” said Tom Nash of the [...] [...]
by Staff Writer Published: August 25,2009
Tags: fraud, Medicare, Social Media
Broomfield tech company sued for investor fraud Colorado’s securities commissioner filed suit against a Broomfield-based entity and its principals, saying they defrauded investors into raising nearly $3 million to fund a technology that has not made it to market. The state’s complaint was filed in Denver District Court against Colorcom Ltd. and its related businesses — IFR Technologies [...] [...]
MIAMI – Federal authorities arrested 32 people, including doctors, in a major Medicare fraud bust today in New York, Louisiana, Boston and Houston, targeting scams such as “arthritis kits” – expensive braces that many patients never used. It’s the third major sweep since Attorney General Eric Holder and Health and Human Services Secretary Kathleen Sebelius [...] [...]
by Amy Gillentine Published: July 14,2009
Tags: American Hospital Association, Medicaid, Medicare, Penrose-St. Francis Health Center
At least one local hospital executive says the nation's hospitals cannot afford a $155-billion-cut to Medicare and Medicaid. [...]
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