Practicing Cardiologist, Dr. Samir Damani, gets candid about the financial rewards available to providers implementing remote care, namely CCM and RPM: "Medicare has changed a number of things including reimbursement for the codes, which made it easier to put into action." "As a practice, you can get to the point where you can actually manage this population and be able to pay your overhead, and maybe even make a little extra. And rightfully so, because when these programs are successful, every hospital admission that you've prevented equates to dollars back to taxpayers." https://hubs.ly/Q02zSVkg0
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What are Medicare Parts A and B? These are the core components of Medicare that provide basic coverage for hospital care and medical services, as well as comprise what many people routinely refer to as original Medicare.
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Did you know Medicare covers home health services? That's right! If you're recovering from an illness or injury, Medicare can help you receive skilled care and therapy in the comfort of your own home. Here's what Medicare covers: ✅Skilled nursing care: Wound care, injections, medication management, and more. ✅Therapy: Physical, occupational, and speech therapy to help you regain your independence. ✅Medical social services: Assistance with navigating complex healthcare systems and accessing resources. ✅Home health aide services: Help with bathing, dressing, and other daily activities (when medically necessary). ✅Durable medical equipment: Walkers, wheelchairs, and other tools to aid your recovery. Important things to know: Medicare covers the cost in full! You'll only pay a 20% copay for durable medical equipment, and the Part B deductible applies. Share this post to help others understand how Medicare can support their recovery journey! #Medicare #HomeHealth #Recovery #Independence #Healthcare #StayInformed #medicarebus #MedicareMisty #medicaremistyletstalkmagazine
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Adulting throws a lot at you, but finding affordable healthcare shouldn't be part of it. That's where CMP comes in! We're your partner in adulting success, offering comprehensive medical aid plans that won't break the bank. Say goodbye to bill shock and hello to peace of mind. #AdultingDoneRight #CMPcares #CMPMedicalAid #MedicalAid
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According to the National Institutes of Health, Medicare payments for unplanned rehospitalizations cost over $17 billion - nearly 20% of Medicare payments to hospitals. Transitional care management is pivotal in preventing rehospitalization and reducing medical costs. Visit our website to learn more about our transitional care services and how we support our patients on their healthcare journey: https://bit.ly/44T0P2W #TransitionalCareManagement #RPM
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Studies show that regular visits to your primary care provider not only save money (as compared to delaying care and going to the emergency room instead) but lives. Emergency visits are 12 times the cost of a doctor's office visit. In addition, a study showed that increasing the number of PCPs by 10 in a population of 100,000 people, increased the average life expectancy of that group by over 51 days. Continuity of care is the difference. Selecting to see different providers, for example, relying on urgent care and "Minute Clinics" for cheap, sporadic care, does not improve long-term outcomes. Unfortunately, we have a shortage of PCP in the United States and less than 10% of prospective doctors are choosing primary care. Plus, many people are afraid to see any doctor due to the cost. https://lnkd.in/gBBkFPcc
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https://lnkd.in/evjFwYnW Once again, the focus is on profitability, not positive outcomes. If primary care providers were able to benefit financially from preventing hospitalizations, as opposed to a stipend for creating a “treatment plan”, then the program would have value. All this program has done is create new business opportunities to take money out of the healthcare system.
Medicare's push to improve chronic care attracts businesses, but not many doctors — NPR
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It's National Healthcare Decisions Day, a great opportunity to raise awareness about the importance of advance care planning. Advance care planning involves discussing future decisions about one's medical care should they become seriously ill or unable to communicate their wishes. Advance care planning is wise for people of all ages. It is important for patients to express their wishes regarding healthcare, and it is equally important for healthcare institutions and facilities to respect those wishes. To learn more about NHDD and how you can spread awareness, visit https://lnkd.in/gsrpdFXQ #Aveanna #NHDD24
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In 2021, medical debt affected 15% of US households, exacerbated by assertive hospital collections and inflated bills, leading to a decline in trust in the medical field. A 2022 study found that 64% of individuals burdened by medical debt avoided necessary healthcare. Learn more about the research on 'Reported Variation in Hospital Billing Quality' by Kranti Rumalla, BA, Missy Danforth, BA, Jean-Luc Tilly, MPA, PMP, Chen Dun, MHS, Christi Marie Walsh, MSN, CRNP, and Marty Makary M.D., M.P.H. here: https://snip.ly/g1q0nm #MedicalDebt #HealthcareAccess #DebtCrisis
Reported Variation in Hospital Billing Quality
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Life throws curveballs, but your budget shouldn't be one of them! We understand that finding the right medical aid is all about finding the sweet spot between comprehensive coverage and affordability. That's why we offer a variety of plans to fit your unique needs - whether you prioritise day-to-day care or complete hospital coverage. We won't leave you feeling overwhelmed or financially drained. #CMPCares #YourHealthOurFocus #BudgetFriendlyHealthcare #FindYourFit
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Bob Wilson, thank you for this share and your continued work to elevate and support rural hospitals and healthcare. Good healthcare policy decisions are not excel spreadsheet exercises. Although it is convenient for policy and law makers to take the “pay for” approach via spreadsheet. What we need is deep understanding of how care is planned and delivered, and what good looks like. We would be well served if regulators (CMS) would hold MA plans accountable and not over-pay them. By introducing the tens of billions of overpayment back into the system, we could: 1. Pay physicians (especially PCPs) fairly 2. Avoid harmful policy changes (like site neutrality) that disproportionately harm small hospitals who rely mainly on outpatient services to pay the bills and stay open Accountability is not a verb, it’s a way of doing business. So simple.
Experienced transactional healthcare attorney representing hospitals, health systems, long-term care, and physicians
“Outpatient departments at rural hospitals can have outsize importance to their communities. Taking any funding away from stand-alone rural hospitals is seen as risky. Scores have closed in the past decade due to financial problems. With fewer patients, rural hospitals often struggle to attract doctors and update technology amid rising costs.” Check out Rural Healthcare Initiative for more on preserving rural healthcare.
Hospitals are fighting a Medicare payment fix that would save tax dollars — NPR
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