Becker's Healthcare November 3, 2023
CMS finalized Nov. 2 that it will provide a lump sum payment to each hospital participating in the 340B Drug Pricing Program, totaling $9 billion, to make them whole from unlawful payment cuts from 2018 to 2022.
About 1,700 hospitals are set to receive the funds by Jan. 1. To implement a required $7.8 billion budget neutrality adjustment, however, CMS will reduce future non-drug item and service payments by adjusting the Outpatient Prospective Payment System conversion factor by -0.5% beginning in 2026.
America’s Essential Hospitals Senior Vice President of Policy and Advocacy Beth Feldpush, DrPH, said the organization is thankful for a timely action on a remedy but continues to disagree that...
Today's Sponsors
Today's Sponsor