fbpx

< Back to Thought Leadership

Delayed Implementation of Required 340B Modifiers: KY Department of Medicaid Services

We wanted to share an urgent update on the impending billing changes that were scheduled to take effect on 4/1/2020. In a communication we acquired today from Jessin Joseph, Pharmacy Director with KY Department of Medicaid Services, it was announced the Department has made the decision to delay the implementation of the required 340B modifiers indefinitely. Once the state of emergency has been lifted, the Department will reevaluate and communicate an appropriate date of implementation. The Kentucky DMS Pharmacy web page should be updated shortly to reflect this announcement.

We will continue to monitor this and will provide updates as we get them. If you have any questions or would like to discuss further, please contact our 340B team.

Please continue to monitor our Coronavirus Resources and Information Page and COVID-19 Relief & Operations FAQs for updates.

Join us for the Construction Summit!

You’re Invited Join us virtually for the 2nd Annual Construction Industry Summit on Thursday, October 21 from 9:00 AM – Noon.  Sessions to look forward to: Keynote Speaker: Dr. Anirban Basu will supply economic analysis of the pre-pandemic and pandemic world, and also provide a forecast for the post-pandemic world. Dr. Basu is the Chairman & CEO […]

Learn More
Summary of Ways and Means Committee Proposed Tax Changes

Ways and Means Proposed Tax Increases

By: Derek Gray, CPA, Director On the morning of September 13, 2021, the House Ways and Means Committee released details of proposed tax increases totaling $2.9 trillion. The revenue raised from these increases, along with an additional $600 billion coming from dynamic growth, is intended to pay for the Democrats’ proposed $3.5 trillion budget bill. […]

Learn More
Phase 4 of PRF Funding

Phase 4 of PRF Funding

Friday afternoon HRSA announced Phase 4 of PRF funding and the $8.5B of American Rescue Plan (ARP) payments as well as the outline of how those payments will be administered. Payments between the two programs are anticipated to be $25.5B and will be made to providers who submit an application detailing lost revenues and COVID-19 […]

Learn More