TIFFIN, Ohio (August 12, 2016)—ECS Billing & Consulting North now offers home health and hospice Billing & Consulting services.
—Via CMS, WASHINGTON, D.C. (August 12, 2016)—Today, the Centers for Medicare & Medicaid Services (CMS) updated the popular Nursing Home Compare Five-Star Quality Ratings to incorporate new measures, giving families more information at their fingertips to help them make important decisions about care. These new measures look at successful discharges, emergency visits and re-hospitalizations, and complement other nursing home measures previously announced in April.
WASHINGTON, D.C. (August 12, 2016)—Since becoming acting administrator, I have spoken frequently about to the importance of moving to the next chapter in implementing the Affordable Care Act. This new chapter goes beyond providing people with quality, affordable coverage—but making sure that we are delivering patient-centered care to all consumers at critical stages of their lives.
ATLANTA (August 10, 2016)—Provider Web Capital has launched a new product, Remit LOC, which allows medical practices to establish a facility that works as a line of credit. The goal is to provide owners access to capital without having to abide by the strict repayment structuring of a typical business loan. With this structure, a health care business is approved for a financing line and is only required to take a small draw at closing. The remaining facility is just a phone call away.
—Via AAHomecare WASHINGTON, D.C. (August 10, 2016)—Last week, CMS announced that medical necessity no longer has to be met for replacement of essential accessories for a beneficiary-owned CPAP device or RAD. CMS and CMS contractors will now assume that beneficiary-owned CPAP devices and RADs have met their medical necessity requirements through the 13-month continuous usage.
WASHINGTON, D.C. (August 8, 2016)—A new national poll of nearly 2,000 registered voters over age 65 sponsored by Bring the Vote Home (BTVH) found that a large majority of U.S. seniors oppose a Medicare policy requiring a government contractor to approve claims for physician-prescribed home health care services, which are often recommended by doctors for elderly patients following hospitalization to ensure a smooth transition from the acute setting to the home.
HILLSBOROUGH, N.J. (08/09/2016)—The IRS has extended the date to file for the Work Opportunity Tax Credit (WOTC) Program to September 28, 2016. WOTC is a program that allows companies to get a tax credit for hiring individuals from certain targeted groups as defined by the Federal Government.
SAN FRANCISCO (August 8, 2016)—Honor, one of the fastest growing companies offering high-quality homecare for older adults, announced today it has raised $42 million in Series B funding led by Thrive Capital. Additional investors include 8VC, Andreessen Horowitz, and Syno Capital.
After announcing $20 million in funding in April of 2015, Honor launched service in the San Francisco Bay Area and Los Angeles.
DALLAS (August 4, 2016)—Epic Health Services Inc., a portfolio company of Webster Capital and Dallas-based provider of pediatric skilled nursing, therapy, developmental, enteral and respiratory services, announced today that it has acquired Las Vegas-based Spring View Home Health Care, which offers private duty nursing services for both children and adults, as well as therapy and skilled nursing services for adults.