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- Medicare Cuts Jeopardize Patient Care and Ignore Impacts of Pandemichttps://modernod.com/news/medicare-cuts-jeopardize-patient-care-and-ignore-impacts-of-pandemic/2478611/The Medicare Physician Fee Schedule (MPFS) final rule released today by the Centers for Medicare & Medicaid Services (CMS) will harm patients and further destabilize a health care system already under severe strain from the pandemic, according to a Surgical Care Coalition news release.
- Analysis: Ambulatory Surgery Centers Reduce Medicare Costs by More than $4 Billion Each Yearhttps://modernod.com/news/analysis-ambulatory-surgery-centers-reduce-medicare-costs-by-more-than-4-billion-each-year/2478306/New analysis of Medicare payment data shows that ambulatory surgery centers (ASC) reduced Medicare costs by $28.7 billion from 2011 through 2018 by providing services to beneficiaries that otherwise would have been provided in higher-cost hospital outpatient departments (HOPD), according to the A
- Ambulatory Surgery Centers Eligible For New Relief Grant Fundshttps://modernod.com/news/ambulatory-surgery-centers-eligible-for-new-relief-grant-funds-on-april-24/2477642/The Department of Health and Human Services (HHS) announced that, commencing April 24, health care providers, including ASCs, will be eligible to receive grants from a newly available pool of COVID-19 relief funds, according to The Outpatient Ophthalmic Surgery Society (OOSS). These grants are a
- Prism Vision Group Announces Agreement With the Retina Group of Washingtonhttps://modernod.com/news/prism-vision-group-announces-agreement-with-the-retina-group-of-washington/2477344/Integrated eyecare services organization PRISM Vision Group announced an agreement to add The Retina Group of Washington (RGW), which provides retinal and macular care in Washington D.C., Virginia and Maryland. Terms of the deal were not disclosed. “Medicine is changing around us an
- Trump Administration Advances Plan to Allow Certain Prescription Drug Imports From Canadahttps://modernod.com/news/trump-administration-advances-plan-to-allow-certain-prescription-drug-imports-from-canada/2477183/The US Department of Health and Human Services (HHS) said the Trump administration is pushing ahead with a plan to allow certain prescription drugs to be imported from Canada. “For the first time in history HHS and FDA are open to importation as a means for lower prices,” co
- FFL Partners To Sell EyeCare Partners to Partners Group Holdinghttps://modernod.com/news/ffl-partners-to-sell-eyecare-partners/2477173/Private Equity Firm FFL Partners has has signed a definitive agreement to sell EyeCare Partners (ECP), the largest medically focused and integrated eye care services provider in the US, to Partners Group Holding. While financial terms of the deal were not disclosed, The Wall Street Jou
- Katena Announces the Acquisition of Micro Medical Instrumentshttps://modernod.com/news/katena-announces-the-acquisition-of-micro-medical-instruments/2477093/Katena Products announced the purchase of Micro Medical Instruments (MMI), a medical contract manufacturing service. Terms of the deal were not disclosed. “The acquisition of MMI, Inc. will strengthen Katena’s manufacturing capability,” Mark Fletcher, CEO of Katena Products, said i
- US Outlines Plans to Allow Importation of Certain Prescription Drugs From Canada, Other Countrieshttps://modernod.com/news/us-outlines-plans-to-allow-importation-of-certain-prescription-drugs-from-canada-other-countries/2479556/The US Department of Health and Human Services (HHS) on Wednesday outlined details of two potential pathways that will allow the importation of certain prescription medicines originally intended for foreign markets. The announcement comes the day after HHS Secretary Alex Azar confirmed that Presi
- CMS Issues Proposed 2020 ASC Payment Rulehttps://modernod.com/news/cms-issues-proposed-2020-asc-payment-rule/2479563/On July 29, the Centers for Medicare and Medicaid Services (CMS) issued its proposed CY 2020 payment rate regulation for hospital outpatient departments (HOPDs) and ambulatory surgery centers (ASCs). The proposed regulation will soon be published in the Federal Register. The Outpatient Ophthalmic
- Omeros’ Omidria Receives Product-Specific J-Code from CMShttps://modernod.com/news/omeros-omidria-receives-product-specific-j-code-from-cms/2476766/Omeros announced that the Centers for Medicare and Medicaid Services (CMS) confirmed its preliminary decision to assign a permanent product-specific Healthcare Common Procedure Coding System (HCPCS) J-code for Omidria (phenylephrine and ketorolac intraocular solution) 1% / 0.3%. Omidria is