Tagged with Telemedicine
The Rhode Island telehealth firm, American Well, along with many other top telehealth firms, are turning their sights toward hospitals and health systems and have been rapidly expanding the parts of their businesses which cater directly to providers.
CMS Acting Administrator Andy Slavitt is urging healthcare and political leaders to continue value-based care progress made under the Affordable Care Act, including value-based care progress after MACRA implementation through universal coverage, the CMS Innovation Center, interoperable health IT, and patient-centered care.
In a unanimous vote of 97-0, the Senate has passed the Expanding Capacity for Health Outcomes (ECHO) Act in an effort to increase access to healthcare in rural areas through the use of telehealth.
Eleven private insurers have joined forces in seeking action from the Congressional Budget Office (CBO) to expand data collection when scoring congressional proposals to include telemedicine data from non-Medicare sources as a means to support value-based care efforts.
CMS has issued the final rule updating the Medicare’s physician fee schedule for 2017. Under the final rule, physician payment rates increase slightly, as called for by the Medicare Access and CHIP Reauthorization Act.
Telemedicine has been around in one form or another for many years. But the convergence of technology and need (care coordination, medical services in rural areas, etc.) is now driving rapid expansion. Whether this continues to the point where telemedicine is mainstream will be determined by regulatory action and provider inertia.