Day: January 16, 2021

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CMS will raise Medicare Advantage plan payments by 4.08{f771d91d784324d4be731abc64bffe0d1fd8f26504ceb311bcfd8e5b001778f4} in 2022

CMS will raise Medicare Advantage plan payments by 4.08{f771d91d784324d4be731abc64bffe0d1fd8f26504ceb311bcfd8e5b001778f4}, the agency announced Friday.

It also signed off on its controversial proposal to complete a multiyear phase-in of a new payment methodology. The new process will adjust plan payments using diagnoses solely from encounter data—information created by healthcare providers about patients’ medical conditions and treatment. The health insurance industry has long railed against the use of encounter data to adjust their payments. They argue that the data is incomplete and often inaccurate and that using it would lead to lower payments to Advantage plans.

“This announcement is being made nearly three months earlier than usual to provide MA organizations and Part D sponsors more time to take this information into consideration as they prepare their bids for 2022,” CMS said in a fact sheet.

CMS also approved a 5.90{f771d91d784324d4be731abc64bffe0d1fd8f26504ceb311bcfd8e5b001778f4} coding pattern adjustment for Advantage plans, which is the

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Health News

The COVID-19 pandemic in Brazil has overwhelmed its health systems

Credit: Pixabay/CC0 Public Domain

The spread of COVID-19 in Brazil overwhelmed the health systems in all the country’s regions, particularly in areas where they were already fragile, according to a collaborative effort involving the Barcelona Institute for Global Health (ISGlobal), an institution supported by the ‘la Caixa’ Foundation, the University of Sao Paulo, the Catholic University of Rio de Janeiro, the D’Or Institute of Research and Education and the Oswaldo Cruz Foundation. The findings, published in The Lancet Respiratory Medicine, reveal that a large percentage of COVID-19 patients that were hospitalized in Brazil required intensive care and respiratory support, and many did not survive.

The COVID-19 pandemic has put an enormous strain on healthcare systems across the world by increasing the demand for healthcare professionals and the need for beds in intensive care units and respiratory support such as ventilators. However, the mortality rate among confirmed cases has greatly

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