Find out more information about  
MARCUM LLP
Fill out this form and a representative will contact you.
*
*
*
*
*
Captcha Image
 
Contact Us
Blog Home | Insights & Alerts | As Seen In | Press Releases

The Centers for Medicare & Medicaid Services (CMS) today issued a proposed notice establishing the methodology for determining federal funding for the Basic Health Program in program year 2016. The Basic Health Program provides states with the option to establish a health benefits coverage program for lower-income individuals as an alternative to Health Insurance Marketplace coverage under the Affordable Care Act. This voluntary program enables states to create a health benefits program for residents with incomes that are too high to qualify for Medicaid through Medicaid expansion in the Affordable Care Act, but are in the lower income bracket to be eligible to purchase coverage through the Marketplace. This proposed notice is substantially the same as the final notice for program year 2015.

Overview
Section 1331 of the Affordable Care Act provides states with a new coverage option, the Basic Health Program, for individuals who are citizens or lawfully present non-citizens, who do not qualify for Medicaid, the Children’s Health Insurance Program (CHIP) or other minimum essential coverage and generally have income between 133 percent and 200 percent of the federal poverty level.  

Continue Reading >>

Comments (0)    

Data promote transparency into the financial relationships between health care industry, doctors and teaching hospitals

As part of our ongoing effort to increase transparency and accountability in health care, the Centers for Medicare & Medicaid Services (CMS) released today the first round of Open Payments data to help consumers understand the financial relationships between the health care industry, and physicians and teaching hospitals.  

Continue Reading >>

Comments (0)    

In a startling decision by the Tenth Circuit U. S. Court of Appeals, income tax debts assessed by an IRS Substitute For Return are no longer dischargeable in a bankruptcy filing. Going against both the two-year rule for the filing and the three-year rule for the due date in relation to the dischargeability of tax debts, the ruling places many financially distressed taxpayers now and in the future in a real bind. From the perspective of a tax resolution specialist, such a ruling is sure to be challenged in the near future.

According to Mallo v. IRS, No. 13-1464 (10th Cir. 2014) a taxpayer can no longer discharge an income tax liability in a bankruptcy if the IRS filed a Substitute For Return (SFR) for the taxpayer. If an untimely 1040 Form, filed after the Internal Revenue Service (IRS) has assessed the tax liability, is a tax return for purposes of the exceptions to discharge in section 523(a)(1)(B)(i) of the Bankruptcy Code, it is no longer dischargeable. Such an update means that if a taxpayer needs to maintain the option of discharging an income tax liability in a potential future bankruptcy, they better first file their tax returns before the IRS files a Substitute For Return. 

Continue Reading >>

Comments (0)    

Conference Call Only
WHEN: Wednesday, December 17, 2014
TIME: 1:30pm – 3:00pm Eastern Time


The Centers for Medicare & Medicaid Service (CMS) will host a Special Open Door Forum (SODF) call to allow consumers, home health agencies (HHAs), and other interested parties to give input and feedback on the planned addition of star ratings to Medicare.gov’s Home Health Compare (HHC) web site

CMS is committed to making it easier for consumers to seek and utilize the best care for themselves and their loved ones, and meeting the information needs of health care consumers is the primary aim of CMS’ Compare websites.    

Continue Reading >>

Comments (0)    

Shared Savings Program Proposed Rule reflects focus on primary care and improved incentives for participation, quality, and efficiency  

Continue Reading >>

Comments (0)    

CMS is pleased to announce that the 2013 Physician Quality Reporting System (PQRS) and 2013 Electronic Prescribing (eRx) Incentive Program feedback reports are now available for eligible professionals who submitted quality data on Medicare Physician Fee Schedule Part B services between January 1, 2013 and December 31, 2013.

Individual eligible professionals who submitted 2013 PQRS data, or individual eligible professionals and group practices who submitted 2013 eRx data, can retrieve their 2013 Feedback Reports through two methods: 

Continue Reading >>

Comments (0)    

The OIG determination that E&M coding, especially the determination of new patient vs. established patient criteria will become an increasingly important area for physician practices, especially inside institutions that are switching EMR and billing records. Many of these conversions have led to erroneous classification. 

Continue Reading >>

Comments (0)    

The number of uninsured is expected to decline by nearly half from 45 million in 2012 to 23million by 2023 as a result of the coverage expansions associated with the Affordable Care Act, according to a report from the Centers for Medicare & Medicaid Services (CMS) Office of the Actuary. The report is being published today in Health Affairs.  

Continue Reading >>

Comments (0)    

The Centers for Medicare & Medicaid Services (CMS) today announced changes to the Medicare home health prospective payment system (HH PPS) for calendar year (CY) 2015 that will foster greater efficiency, flexibility, payment accuracy, and improved quality. Approximately 3.5 million beneficiaries received home health services from nearly 12,000 home health agencies, costing Medicare approximately $18 billion in 2013.  

Continue Reading >>

Comments (0)    

The goal of the Centers for Medicare & Medicaid Services (CMS) Administrative Simplification initiatives is to standardize certain transactions in order to lower costs, increase efficiency and accuracy, and reduce the clerical burden on providers. A new report, the 2013 U.S. Healthcare Efficiency Index, which tracks data from health care transactions, shows the potential of Administrative Simplification to achieve this goal and realize savings across the health care industry.

2013 Index Results
The study shows that in many cases, switching to electronic processes for health care administrative transactions presents an opportunity to greatly reduce costs: 

Continue Reading >>

Comments (0)    
TAX & BUSINESS
ASSURANCE
ADVISORY
ALTERNATIVE INVESTMENTS
FINANCIAL INSTITUTIONS
HEALTH CARE LEGISLATIVE UPDATE
 
 
Privacy | Legal | Sitemap | Secure Mail