7 Things for ASC Leaders to Know for Thursday
Here are seven news updates for ambulatory surgery center leaders to know for Oct. 31, 2013.
CMS to issue final rule on 2014 ASC payment changes by Nov. 27.
Medicare has announced that it will issue the CY 2014 Changes to the Hospital Outpatient Prospective Payment System and Ambulatory Surgical Center Payment System final rule on or before Nov. 27, 2013. The date was delayed due to the partial government shutdown. CMS intends the rule to go into effect Jan. 1, 2014. ASCs stand to see a 0.9 percent increase in reimbursement if the proposed rules are finalized.
White House faces criticism as payers cancel plans under PPACA.
Many insurers are sending out letters of cancellation to people enrolled in health plans that don't meet requirements for basic coverage under the Patient Protection and Affordable Care Act. Republicans have criticized President Barack Obama for not keeping his promise that people would be able to keep their current health insurance plans.
Illinois legislators postpone CON changes decision.
The Illinois Legislative Joint Commission on Administrative Rules has announced that it will postpone its final decision on the state's certificate of need rules for ASCs. The proposed changes would require surgery centers to file a CON application to add a new specialty. The JCAR will consider the rule changes at a board meeting on Nov. 19.
HealthCare Appraisers to develop online FMV calculator.
HealthCare Appraisers has partnered with R-Squared Services & Solutions to develop an online fair market value calculator. The partnership allows R-Squared's RADS Compliance Platform users to access real-time FMV data. The tool can help users with state, federal and international anti-bribery laws compliance, as well as Anti-kickback statute compliance.
Vanguard Surgical Center chooses PriorityOne Group.
Vanguard Surgical Center in Maywood, N.J., has chosen PriorityOne Group for its IT implementation and management. The multispecialty center is expected to open in December. PriorityOne Group will remain with the surgery center after its opening to provide monitoring and support.
Phillip A. Clendenin sells 1.5k shares in Amsurg.
Executive Vice President of Amsurg Phillip A. Clendenin has sold 1,500 shares in the company at an average price of $43. The entire transaction, legally disclosed in a filing with the Securities & Exchange Commission, was a total of $64,500.
FDA grants EndoChoice Fuse Gastroscope 510(k) clearance.
The EndoChoice Fuse Gastroscope has earned FDA 510(k) clearance. The Fuse Gastroscope provides endoscopists with a 245-degree visual field, as opposed to the 140-degree view of traditional gastroscopes. It also includes thin, flexible tubes to view the lower and upper GI tracts.
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