Becker's Healthcare May 13, 2024
Site-neutral payment policies are a hot topic every year across the healthcare industry and in Congress. Becker’s has compiled the latest updates and policy changes leaders should know in 2024.
Background
1. In the simplest terms, a site-neutral payment policy means the payment for a healthcare service provided to a patient is the same regardless of the setting in which the service occurs. Hospitals argue that their higher prices stem from the larger overhead costs they incur compared to other providers, such as emergency services and 24-hour access, regulatory compliance, and supply and labor costs.
2. Medicare uses two different payment methods for outpatient procedures based on where the service occurs. Hospital-based procedures performed at hospital outpatient departments (HOPDs) are...
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