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ACOs saved Medicare $2.7B to date, outpacing CMS estimates

FierceHealthIT

Accountable care organizations in the Medicare Shared Savings Programs have saved Medicare $2.7 billion to date, including $859 million in 2016, according to a new analysis commissioned by NAACOS. billion more than CMS estimates.

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Hey Accountants, the IRS is Coming for Your Clients

ACA Times

In the final days of 2018, the agency started issuing notices to assess penalties against employers that failed to file Forms 1094-C and 1095-C with the IRS or to furnish 1095-C 1095-C forms to employees under IRC Sections 6721 and 6722 for the 2015 or 2016 tax year. The penalties for the 2016 tax year can be as much as $520 per return.

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CBO Score Allows CHRONIC Care Act to Pass Hurdle

American Well

A bipartisan group of US Senators recently reintroduced the Creating High-Quality Results and Outcomes Necessary to Improve Chronic (or CHRONIC, for short) Care Act of 2017 (first introduced in 2016 ), intended to improve healthcare outcomes for Medicare recipients living with chronic conditions.

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CBO Score Allows CHRONIC Care Act to Pass Hurdle

American Well

A bipartisan group of US Senators recently reintroduced the Creating High-Quality Results and Outcomes Necessary to Improve Chronic (or CHRONIC, for short) Care Act of 2017 (first introduced in 2016 ), intended to improve healthcare outcomes for Medicare recipients living with chronic conditions.

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Increases in Employee Healthcare Costs Pushing Businesses to Innovative Solutions to Lower Costs

ACA Times

A study by the Urban Institute found that through March 2016, 82-83% of workers were offered employer-sponsored insurance. In addition, more employers will invest in accountable care organizations (ACOs). However, employers still carry the largest burden in insuring Americans. That’s more than twice the total from last year.

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3 Big Healthcare Trends To Watch in 2015

BHM Healthcare Solutions

We have been keeping an eye on three additional healthcare trends that we expect to hugely impact the healthcare industry through the end of the year and continuing on to 2016. From ICD-10 to telehealth, let’s explore these important trends and what they mean for healthcare!

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Full-Year Results for Shared Savings Program

BHM Healthcare Solutions

Additionally, the program drove a risk-adjusted claims cost trend from 2016 to 2017 that was 3.7% Collectively, these and other cost and quality gains led to the Blue Cross Blue Shield of Arizona Shared Savings Program remitting a total of $1 million to 603 participating providers who treated over 41,500 members. lower than the cohort trend.