The 2022 Hospice Payment Proposed Rule from CMS
Spring is in the air! That means t-shirts, flowers, and everyone’s favorite: new rules from CMS! Let’s take a look at the 2022 Hospice Payment Rate Proposed Rule. There’s good …
Insights and News
IRS Will Recalculate Taxes on 2020 Unemployment Benefits and Start Issuing Refunds in May
Normally, any unemployment compensation someone receives is taxable. However, a recent law change allows some recipients to not pay tax on some 2020 unemployment compensation. The IRS will automatically refund …
The American Rescue Plan Ended the “Cliff” for the Health Insurance Premium Tax Credit.
With the passage of the American Rescue Plan Act of 2021 (ARPA), Congress has temporarily abolished the health insurance premium tax credit “subsidy cliff.” For 2020 and 2021, self-employed and …
Medicare Loan Recoupment has Begun! How Will this Impact Your Organization’s Cash Flow?
Providers struggling during the pandemic were given a critical lifeline from CMS in the form of Medicare advanced/accelerated payments last year. With so many things on your plate during these …
CMS Reports iQIES Issues with System Generated Final Validation Reports
iQIES is currently experiencing issues with the system generated final validation reports. This could include a delay in receiving your system generated final validation report or the inability to open …
Temporary Claims Hold Pending Congressional Action to Continue Suspension of Planned Medicare Pay Cuts
An important update from CMS’ MLN Connects: “In anticipation of possible Congressional action to extend the 2% sequester reduction suspension, we instructed the Medicare Administrative Contractors (MACs) to hold all …
Face Masks and other PPE to Prevent COVID-19 are Tax Deductible!
The IRS issued guidance clarifying that the purchase of personal protective equipment, such as masks, hand sanitizer and sanitizing wipes, for the primary purpose of preventing the spread of coronavirus …
The Senate Passes Bill to Delay Medicare Sequestration
Modern Healthcare reports that the Senate voted to delay Medicare payment cuts for the rest of the year. The bill is expected to quickly pass through the House and be …
Healthcare.gov Special Enrollment Period Extended to August 15th
CMS is extending access to the Healthcare.gov Special Enrollment Period (SEP) until August 15 – giving consumers additional time to take advantage of new savings through the American Rescue Plan. …
More Economic Impact Payments Will Arrive in the Coming Days
The IRS has announced that the next batch of Economic Impact Payments will be issued to taxpayers this week, with many of these coming by paper check or prepaid debit …