Here's What You May or May Not Have Missed This Week:
• Centers for Medicare & Medicaid Services (CMS) reported that their fraud analytics system, the Fraud Prevention System, identified or prevented an estimated $820 million in inappropriate payments in the program’s first three years. The system identifies questionable billing patterns and outlier claims for action, using a similar system to that used by credit card companies. Source
• Mayo Clinic joined a partnership to build new smartphone solutions for diabetes management. The patented technology will make wireless sensors that are battery-less, disposable, painless, and use cell phones. Mayo Clinic’s role in the partnership will be to bring its diabetes management expertise and to develop the apps consumers will use to monitor their blood glucose. Source
• Alaska's Gov. Bill Walker announced that he will use his executive power to accept federal benefits and extend Medicaid coverage to as many as 40,000 low-income residents in Alaska. Alaska would become the 30th state to expand Medicaid under the Affordable Care Act. The Legislative Budget and Audit Committee has 45 days to review the proposal. Source
On The Front Lines:
It was a tough week for Apple among pMD's charge capture physician users: Apple lost a hefty 0.17 percent of the mobile device market share to Android. However, Apple is poised for a record breaking year among its larger market and is projected to rake in $52.5 billion in earnings for the 2015 fiscal year.
Each Friday, Signor Goat reports the latest from the week in health care alongside the front lines of the iOS-Android wars among pMD's physician charge capture users. Check back next Friday for your dose of our little medical corner of health care news.