Centers for Medicare and Medicaid Services is hoping to save the pockets of taxpayers by employing a new rule to the Affordable Care Act. "The Affordable Care Act substantially reformed Medicaid payments for prescription drugs, increasing rebates and setting limits on federal reimbursements. The “Covered Outpatient Drugs” final rule ensures those reforms will be effectively implemented by providing further detail on how those reimbursements and rebates are calculated, part of CMS’ broader efforts to help ensure affordability and accessibility of prescription drugs, while supporting pharmaceutical innovation..." [ Read more here ]
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Noble House want's to wish everyone a happy holidays! From your HME/DME billing and management software solution leaders at Noble House, try out our Noble*Direct Software for yourself, and find more time to spend with your patients.
Positive growth is expected for the future of the Home Medical Equipment market in the United States. "It is estimated that the U.S. will be the largest market for home medical equipments owing to its wide base of home healthcare equipment providers, good reimbursement policies, better healthcare infrastructure and high healthcare expenditure. Moreover, the recent changes in the healthcare industry due to ‘Obamacare’ will also boost the demand for such equipment, since almost 30 million uninsured Americans will now enjoy medical coverage..." [ Read more here ]
Due to recent problems with Healthcare.gov, and it's phone services hit with heavy traffic, the healthcare deadline has been extended once again. Streamline your HME/DME business practices with Noble*Direct medical billing, and management software.
With the coverage deadline upon us, Healthcare.gov is there to help those last minute customers looking for healthcare coverage by January 1st. "The new Out of Pocket Cost calculator, Doctor and Facility Lookup, and Prescription Drug Lookup features will help consumers to more easily search for the plan that best meets their budget and health needs..." [ Read more here ]
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Noble House's, Noble*Direct software is your billing and claims management solution for HME and DME companies. Increase your office's productivity by streamlining your business practices with the aid of our revolutionary software. Try our free demo today, and follow us on Twitter for the latest medical and medical billing news on the internet.
Being convinced of one count of healthcare fraud, the jury set in for a Texas man who defrauded the medicare system. "Huey P. Williams Jr., 46, of Katy, Texas, was sentenced by U.S. District Judge Melinda Harmon of the Southern District of Texas. In addition to imposing the sentence, Judge Harmon ordered Williams to pay $1.96 million in restitution. Williams owned and operated Hermann Medical Supplies Inc. and Hermann Medical Supplies II (collectively Hermann Medical), two Houston-area durable medical equipment (DME) companies..." [ Read the story here ]
Centers for Medicare and Medicaid Services has released a report on the effect of the Affordable Care Act on healthcare premiums. "The Centers for Medicare & Medicaid Services (CMS) released a new report today showing that consumers have received more than $2.4 billion premium rebates since 2011 because the Affordable Care Act requires that health insurance companies spend at least 80 percent of premium dollars on health care. For 2014 alone, over 5.5 million consumers received nearly $470 million in rebates, for an average of $129 per family. Those rebates are in addition to improvements in quality and affordability savings consumers have received as the share of insurance companies in compliance with the requirements [...]