Fierce Healthcare August 1, 2024
The Biden administration has finalized proposed payment rates for inpatient services in the coming year, and they’re not likely to be welcomed by hospitals.
Initially, the Centers for Medicare & Medicaid Services (CMS) proposed a 2.6% payment increase for 2025, which providers decried as inadequate. In the final Inpatient Prospective Payment System (IPPS) rule, that increase was bumped up to 2.9%.
CMS said in a press release that its new rates will likely increase payments to inpatient hospitals by $2.9 billion.
However, Soumi Saha, senior vice president for government affairs at Premier, said in a statement that the “payment update only forces hospitals to stretch further to cover basic patient needs.”
“The continued insufficiency of Medicare payments to hospitals year...
Today's Sponsors
Today's Sponsor