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OIG audit: Aetna may have raked in $25.5M in MA overpayments in 2015, 2016

FierceHealthIT

million in overpayments from Medicare Advantage in 2015 and 2016. | million in overpayments from Medicare Advantage in 2015 and 2016. A new federal audit estimates that Aetna may have received at least $25.5 A new federal audit estimates that Aetna may have received at least $25.5

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CMS: Estimated improper Medicare payments down $16B since 2016

FierceHealthIT

CMS: Estimated improper Medicare payments down $16B since 2016. Tue, 11/17/2020 - 11:07.

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RACs returned $214M to Medicare in 2016

FierceHealthIT

Recovery audit contractors (RACs) returned $214 million to the Medicare program in fiscal year 2016. of Medicare expenditures, and one organization says the program is hampered by limits on documentation requests. But that represents less than 0.1%

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Tech-enabled Home Care Redux? Do investors remember 2016?

Aging in Place Technology Watch

Some recent announcements offer almost the same level of overheating investment that the frothy level of investment that characterized the 2016 investor spending spree, noted in a Forbes. Home Care Assistance received $100 million in 2016. In 2019, Medicare Advantage began covering some non-skilled home care. Why the froth?

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GAO: PBMs passed on nearly all Part D rebates to plans in 2016

FierceHealthIT

A federal watchdog found that pharmacy benefit managers passed on nearly all Medicare Part D rebates on to plan sponsors in 2016, as the amount of rebates skyrocket.

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ACOs saved Medicare $2.7B to date, outpacing CMS estimates

FierceHealthIT

Accountable care organizations in the Medicare Shared Savings Programs have saved Medicare $2.7 billion to date, including $859 million in 2016, according to a new analysis commissioned by NAACOS. billion more than CMS estimates.

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KFF: Small share of Medicare Advantage and Part D enrollees switched up plans

FierceHealthIT

Only a small share of Medicare Advantage and Part D beneficiaries switched their health plans during the 2016 and 2017 open enrollment, even though plan options have expanded, a new analysis finds.