No Surprise: the Prescription Drug Data Report Due Soon

No Surprise: the Prescription Drug Data Report Due Soon

The drug data report is a requirement of the No Surprises Act.

The No Surprises Act (NSA) requires the collection and reporting of the prescription drug data.  The report is due from health plans on June 1, 2023.

Health plans are required to report this information on prescription spending in a report to be distributed to the Department of Labor, the U.S. Department of Health and Human Services (HHS), or the Treasury Department.

In related NSA news, the State of Washington has delayed its transition to the federal NSA independent dispute resolution (IDR) process for at least another six months. The Office of the Insurance Commissioner solicited comments on adopting the federal IDR process earlier this year. Meanwhile Washington state has been utilizing its own balance billing protection laws since 2020.

To shift gears a bit to what’s happening in Washington D.C., President Biden signed a bill that terminates the COVID-19 national emergency, effective immediately. This measure ends the national emergency a month earlier than the administration had planned.

The separate public health emergency (PHE) tied to COVID-19 will remain until May 11. COBRA and other timeline flexibilities for ERISA plans allowed during the emergency will end on June 10, which is 60 days after the end of the Covid-19 national emergency.

Next, HealthAffairs conducted an analysis of more than 2,000 hospital machine readable files (MRFs) and found that negotiated rates were 60 percent of chargemaster prices for the same procedure at the same hospital. Further, hospitals with stronger market power were most likely to offer cash prices below their median negotiated rates, while hospitals in areas where insurers were stronger were less likely to do so.

Finally, HHS has reduced a massive backlog of Medicare appeals, which ends a long legal battle with the hospital industry. The agency said in a legal filing that the Medicare appeals backlog has been reduced by 99.84 percent following a lawsuit filed by the American Hospital Association (AHA) and three hospitals.

The AHA is pleased with the agency’s progress because the appeals posed a widespread threat of hospital insolvencies and patient access to care, which costs the hospital industry billions of dollars in unpaid claims.

Facebook
Twitter
LinkedIn

Related Stories

AI & Cybersecurity Outlook

AI & Cybersecurity Outlook

As we approach the holidays and look back on the past year we had and look forward to the new year and new presidential administration,

Read More

Leave a Reply

Please log in to your account to comment on this article.

Featured Webcasts

Enhancing Outcomes with CDI-Coding-Quality Collaboration in Acute Care Hospitals

Enhancing Outcomes with CDI-Coding-Quality Collaboration in Acute Care Hospitals

Join Angela Comfort, DBA, MBA, RHIA, CDIP, CCS, CCS-P, as she presents effective strategies to strengthen collaboration between CDI, coding, and quality departments in acute care hospitals. Angela will also share guidance on implementing cross-departmental meetings, using shared KPIs, and engaging leadership to foster a culture of collaboration. Attendees will gain actionable tools to optimize documentation accuracy, elevate quality metrics, and drive a unified approach to healthcare goals, ultimately enhancing both patient outcomes and organizational performance.

November 21, 2024
Comprehensive Inpatient Clinical Documentation Integrity: From Foundations to Advanced Strategies

Comprehensive Outpatient Clinical Documentation Integrity: From Foundations to Advanced Strategies

Optimize your outpatient clinical documentation and gain comprehensive knowledge from foundational practices to advanced technologies, ensuring improved patient care and organizational and financial success. This webcast bundle provides a holistic approach to outpatient CDI, empowering you to implement best practices from the ground up and leverage advanced strategies for superior results. You will gain actionable insights to improve documentation quality, patient care, compliance, and financial outcomes.

September 5, 2024
Advanced Outpatient Clinical Documentation Integrity: Mastering Complex Narratives and Compliance

Advanced Outpatient Clinical Documentation Integrity: Mastering Complex Narratives and Compliance

Enhancing outpatient clinical documentation is crucial for maintaining accuracy, compliance, and proper reimbursement in today’s complex healthcare environment. This webcast, presented by industry expert Angela Comfort, DBA, RHIA, CDIP, CCS, CCS-P, will provide you with actionable strategies to tackle complex challenges in outpatient documentation. You’ll learn how to craft detailed clinical narratives, utilize advanced EHR features, and implement accurate risk adjustment and HCC coding. The session also covers essential regulatory updates to keep your documentation practices compliant. Join us to gain the tools you need to improve documentation quality, support better patient care, and ensure financial integrity.

September 12, 2024

Trending News

Featured Webcasts

Patient Notifications and Rights: What You Need to Know

Patient Notifications and Rights: What You Need to Know

Dr. Ronald Hirsch provides critical details on the new Medicare Appeal Process for Status Changes for patients whose status changes during their hospital stay. He also delves into other scenarios of hospital patients receiving custodial care or medically unnecessary services where patient notifications may be needed along with the processes necessary to ensure compliance with state and federal guidance.

December 5, 2024
Navigating the No Surprises Act & Price Transparency: Essential Insights for Compliance

Navigating the No Surprises Act & Price Transparency: Essential Insights for Compliance

Healthcare organizations face complex regulatory requirements under the No Surprises Act and Price Transparency rules. These policies mandate extensive fee disclosures across settings, and confusion is widespread—many hospitals remain unaware they must post every contracted rate. Non-compliance could lead to costly penalties, financial loss, and legal risks.  Join David M. Glaser Esq. as he shows you how to navigate these regulations effectively.

November 19, 2024
Post Operative Pain Blocks: Guidelines, Documentation, and Billing to Protect Your Facility

Post Operative Pain Blocks: Guidelines, Documentation, and Billing to Protect Your Facility

Protect your facility from unwanted audits! Join Becky Jacobsen, BSN, RN, MBS, CCS-P, CPC, CPEDC, CBCS, CEMC, and take a deep dive into both the CMS and AMA guidelines for reporting post operative pain blocks. You’ll learn how to determine if the nerve block is separately codable with real life examples for better understanding. Becky will also cover how to evaluate whether documentation supports medical necessity, offer recommendations for stronger documentation practices, and provide guidance on educating providers about documentation requirements. She’ll include a discussion of appropriate modifier and diagnosis coding assignment so that you can be confident that your billing of post operative pain blocks is fully supported and compliant.

October 24, 2024
The OIG Update: Targets and Tools to Stay in Compliance

The OIG Update: Targets and Tools to Stay in Compliance

During this RACmonitor webcast Dr. Ronald Hirsch spotlights the areas of the OIG’s Work Plan and the findings of their most recent audits that impact utilization review, case management, and audit staff. He also provides his common-sense interpretation of the prevailing regulations related to those target issues. You’ll walk away better equipped with strategies to put in place immediately to reduce your risk of paybacks, increased scrutiny, and criminal penalties.

September 19, 2024

Trending News

Happy National Doctor’s Day! Learn how to get a complimentary webcast on ‘Decoding Social Admissions’ as a token of our heartfelt appreciation! Click here to learn more →

CYBER WEEK IS HERE! Don’t miss your chance to get 20% off now until Dec. 2 with code CYBER24