Tag: Payment gap
Proposed rule includes several home infusion changes
July 3, 2018HME News Staff
WASHINGTON - Temporary transitional payments for home infusion therapy are moving forward, according to an upcoming proposed rule.The rule, which will be published in the July 12 Federal Register, contains information on the implementation of the payments, which will fix a payment gap created by the 21st Century Cures Act. The Cures Act requires Medicare to pay for services associated with providing Part B home infusion drugs, but not until 2021.The temporary payment, which was passed as part of...
On the move: Bill would provide some relief from payment gap
July 14, 2017Theresa Flaherty, Managing Editor
WASHINGTON - It's not a perfect fix, but a new bill that would create a “temporary transitional payment” for home infusion drugs is a step in the right direction, say industry leaders.
Per the bill, introduced by Reps. Pat Tiberi, R-Ohio, and Bill Pascrell, D-N.J., the payment would kick in Jan. 1, 2019, helping to provide some relief from a payment gap created by the 21st Century Cures Act.
“It's in line with what we were looking for,” said Ken van Pool, vice...
Soleo Health adds voice to home infusion fix
June 2, 2017Theresa Flaherty, Managing Editor
MCKINNEY, Texas - Home infusion provider Soleo Health says it remains committed to taking care of patients while it waits for Congress to fix a “payment gap,” but it can't wait four years.“There's no question there's been a big financial impact,” said Drew Walk, CEO of Soleo Health, which recently released a white paper detailing the impact on patients of changes to the benefit in the 21st Century Cures Act. “We've had to make changes to our cost structure.”Per...
CORE is key to BioScrip reversal
March 10, 2017Theresa Flaherty, Managing Editor
DENVER - BioScrip has pushed closer to its goal of having its core home infusion business make up 85% of its overall revenue, said company executives on a recent earnings call.On March 3, BioScrip reported net revenues of $166.8 million for its core business for the fourth quarter, an increase of $21.9 million or 15.1% compared to the same quarter in 2015. The core business grew to represent 70% of the company's total revenues in the quarter.“We've got a great sales team in place, and some...
Home infusion stakeholders: Fix the gap
January 27, 2017Theresa Flaherty, Managing Editor
WASHINGTON - Home infusion stakeholders want a fast fix for a payment gap that will limit patient access to therapy.The National Home Infusion Association spearheaded a Jan. 26 letter, with more than 170 signatures, urging lawmakers to take “quick action” to address the payment gap.“We can't waste any time,” said Ken van Pool, vice president of legislative affairs for the NHIA. “Without a fix in the near-term, it just spirals out of control over time.”As of Jan....