Conceptually, SNF CB resembles the bundling requirement for inpatient hospital services that's been in effect since the early 1980s—assigning to the facility itself the Medicare billing responsibility for virtually the entire package of services that a facility resident receives, except for certain services that are specifically excluded.
These savings come in several flavors: Consolidating content repositories reduces the costs of supporting, maintaining and upgrading your ECM infrastructure.
Let’s say a company has two content repositories running on different vendors’ technologies.
Indeed paywall offerings are starting to boom: according to Price Water House Coopers, digital revenue from a wave of subscription offerings reached nearly US$2.5bn in 2014.
Still, some industry watchers think newspapers aren’t innovating fast enough.
The original CB legislation in the BBA applied this provision for services furnished to every resident of an SNF, regardless of whether Part A covered the resident's stay.
However, due to systems modification delays that arose in connection with achieving Year 2000 (Y2K) compliance, the Centers for Medicare & Medicaid Services (CMS) initially postponed implementing the Part B aspect of CB, i.e., its application to services furnished during noncovered SNF stays. Thus, with the exception of physical, occupational, and speech-language therapy (which remain subject to CB regardless of whether the resident who receives them is in a covered Part A stay), this provision now applies only to those services that an SNF resident receives during the course of a covered Part A stay.
It also enhances the SNF's capacity to meet its existing responsibility to oversee and coordinate the total package of care that each of its residents receives.
CB took effect as each SNF transitioned to the Prospective Payment System (PPS) at the start of the SNF's first cost reporting period that began on or after July 1, 1998.
Last week in our series on media CMS platforms, we looked at how the broadcast radio industry is following suit in the movement towards an open source future.
Today, I’ll dig deeper into the newspaper industry, and how that landscape is changing.
Henry Powderly is the Editor-in-Chief of Healthcare Finance News and moderator of the Revenue Cycle Solutions Summit.