{"id":15005,"date":"2010-04-17T08:08:57","date_gmt":"2010-04-17T08:08:57","guid":{"rendered":"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/is-medicare-bankrupt-what-the-hell-is-going-on\/"},"modified":"2010-04-17T08:08:57","modified_gmt":"2010-04-17T08:08:57","slug":"is-medicare-bankrupt-what-the-hell-is-going-on","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/human-genetics\/is-medicare-bankrupt-what-the-hell-is-going-on.php","title":{"rendered":"Is Medicare Bankrupt? What the Hell Is Going On?"},"content":{"rendered":"<p>I can&rsquo;t speak authoritatively for any state except for Connecticut and by word of mouth for New Jersey, but ATTENTION INTERNET: MEDICARE STOPPED PAYING CLAIMS.<\/p><p>The official &ldquo;recommendation&rdquo; from &ldquo;various agencies&rdquo; is to &ldquo;not submit claims&rdquo; until &ldquo;the government&rdquo; rules on a &ldquo;planned&rdquo; 10-30% rate cut for Medicare&rsquo;s already frighteningly low reimbursement rates at a time when many healthcare providers are already operating at a loss with no liquidity.<\/p><p>Apparently, Medicare can&rsquo;t pay outstanding claims at full value now, and regional Medicare processors were struggling to process the regular flow of claims before&hellip; <em>but now<\/em> all providers are sitting on their Medicare claims to all be submitted in One Big Run on the <a href=\"http:\/\/www2.cms.gov\/\">Bank of CMS<\/a>.<\/p><p>We are. The physician association billing service claims to be doing this for all area physicians &ldquo;as recommend.&rdquo; So are other major providers like nursing homes.<\/p><p>So the healthcare system was already stressed, and now all creditors (healthcare providers) are sitting on Medicare claims to all submit &ldquo;some time&rdquo; in the &ldquo;near, unspecified future.&rdquo;<\/p><p>This is bad.<\/p><p>Aside:<\/p><p><a href=\"http:\/\/practicefusion.com\/pages\/certification_center.html\">A letter from Practice Fusion&rsquo;s CEO, Ryan Howard:<\/a><\/p><blockquote><p>The money is on the table&hellip; Practice Fusion guarantees that our EHR will be certified and available to all physicians who want to qualify for 2011 HITECH payments.<\/p><\/blockquote><p>There several million people over the age of 65 who would like to know where this &ldquo;table&rdquo; is on which &ldquo;the money is on,&rdquo; Ryan Howard.<\/p><div><a href=\"http:\/\/feeds.feedburner.com\/~ff\/ThinkGene?a=spP_eEkrSGc:IanZz_5Fzj4:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/wp-content\/plugins\/wp-o-matic\/cache\/1fe34_ThinkGene?d=yIl2AUoC8zA\" border=\"0\" style=\"padding-left:10px; padding-right: 10px;\"><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/ThinkGene?a=spP_eEkrSGc:IanZz_5Fzj4:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/wp-content\/plugins\/wp-o-matic\/cache\/ba99e_ThinkGene?i=spP_eEkrSGc:IanZz_5Fzj4:gIN9vFwOqvQ\" border=\"0\" style=\"padding-left:10px; padding-right: 10px;\"><\/a><\/div><p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/wp-content\/plugins\/wp-o-matic\/cache\/ba99e_spP_eEkrSGc\" height=\"1\" width=\"1\" style=\"padding-left:10px; padding-right: 10px;\"><\/p>","protected":false},"excerpt":{"rendered":"<p>I can&rsquo;t speak authoritatively for any state except for Connecticut and by word of mouth for New Jersey, but ATTENTION INTERNET: MEDICARE STOPPED PAYING CLAIMS.The official &ldquo;recommendation&rdquo; from &ldquo;various agencies&rdquo; is to &ldquo;not submit claims&rdquo; until &ldquo;the government&rdquo; rules on &hellip; <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/human-genetics\/is-medicare-bankrupt-what-the-hell-is-going-on.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-15005","post","type-post","status-publish","format-standard","hentry","category-human-genetics"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/15005"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=15005"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/15005\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=15005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=15005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=15005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}