Becker's Healthcare August 3, 2018
CMS released its annual Inpatient Prospective Payment System rule Aug. 2, which increases price transparency for patients and boosts payments to acute care hospitals.
Here are nine key takeaways from the 2,593-page final IPPS rule:
Payment rate update
1. Under the final rule, acute care hospitals that report quality data and are meaningful users of EHRs will receive a 1.85 percent increase in Medicare operating rates in fiscal year 2019.
2. CMS arrived at this increase based on a 2.9 percent market basket update and 0.5 percentage point increase required by law, adjusted down 0.8 percentage points for productivity and 0.75 percentage points as required by the ACA.
3. CMS projects the rate increase, together with other changes to IPPS...