Here's The Latest in Health Care:
• Telehealth investment hit an all-time high of $4.2 billion in the first quarter of 2021, almost doubling the $2.2 billion raised in the same quarter a year ago. That's the highest global funding for telehealth during one quarter on record, which also represents an increase of 18% from the $3.6 billion raised in the fourth quarter of 2020. Clearly, investors are betting on telehealth to continue to play a large role in care delivery moving forward. Read More
• Landmark data-sharing regulations from HHS' Office of the National Coordinator for Health Information Technology and CMS seek to tie healthcare providers and patients across the care continuum closer together—but historical disparities in technology adoption between health care sectors could pose challenges for providers in post-acute and long-term care settings. Read More
• Round two of the COVID-19 telehealth program, which is a $249.95 million federal initiative that builds on the $200 million program established as part of the CARES Act, will open the application portal on April 29th. This round contains a number of tweaks, including a system for rating applicants that prioritizes hard-hit and low-income areas, tribal communities, and those in provider shortage areas. Read More
• CMS has announced the suspension of the Medicare sequester cuts, which was set to expire April 1st, will now last through the end of the year, and that it will release all claims held since the start of April. In addition to the extension, the new law also contains other health care measures, including technical corrections related to rural health clinics and disproportionate share hospitals. Read More
Each Friday, Signor Goat reports the latest from the week in health care. Check back next Friday for your dose of our little medical corner of health care news. Brought to you by pMD, innovators in charge capture, medical billing, revenue cycle management, telehealth, secure messaging, clinical communication, and care navigation software.