Becker's Healthcare September 2, 2020
CMS released its annual Inpatient Prospective Payment System final rule Sept. 2, which raises Medicare payment rates for acute care hospitals.
The rule, which affects approximately 3,200 acute care hospitals, applies to discharges occurring on or after Oct. 1, 2020.
Here are seven takeaways from the 2,160-page final rule:
1. Payment rate update. Acute care hospitals that report quality data and are meaningful users of EHRs will receive a 2.9 percent increase in Medicare rates in fiscal year 2021, compared to fiscal 2020. CMS projects the rate increase, together with other changes to inpatient payment policies, will boost total IPPS payments by about $3.5 billion, or 2.7 percent.
2. Disclosure of negotiated rates. Under the final...
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