Becker's Healthcare February 29, 2024
Steve Filton, CFO of King of Prussia, Pa.-based Universal Health Services, shares the cautious optimism on CMS’ two-midnight rule as other for-profit CFOs.
In 2024, Medicare Advantage plans must provide coverage for an inpatient admission when the admitting physician expects the patient to require hospital care for at least two midnights, otherwise known as the two-midnight rule. The rule was included in the 2014 Medicare inpatient prospective payment system final rule. In 2023, CMS clarified in its final rule that MA plans must also follow the two-midnight rule, its case-by-case exception and the inpatient-only list beginning in 2024.
Mr. Filton said on UHS’ Feb. 28 earnings call that said the system has not included in its guidance a specific...
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