Capital Capsules
Capital Capsules for July 2, 2001
CAPITAL CAPSULES
Goodbye HCFA, hello CMS
HCFA is deadlong live CMS. Tommy Thompson, secretary of Health & Human Services, has replaced the name of the Health Care Financing Administration with the Centers for Medicare & Medicaid Services, or CMS.
The revamped agency will consist of three centers: Medicare Management to oversee traditional fee-for-service Medicare; Beneficiary Choices to focus on Medicare plus Choice, Medicare Select, and Medigap coverage options; and Medicaid & State Operations to handle programs administered by the states and partially funded by the federal government. Thompson said the renaming and reorganizing are part of a series of reforms to make the agency "more responsive to the patients and providers it serves."
Internal server error