American Hospital Association March 31, 2023
The Centers for Medicare & Medicaid Services today finalized proposed changes to Medicare Advantage plan capitation rates and Part C and Part D payment policies for calendar year 2024, which the agency estimates will increase MA plan revenues by an average 3.32% from 2023 to 2024. The Rate Announcement finalizes technical and clinical updates to the MA risk adjustment model, which will be phased in over three years, such as transitioning the model to reflect ICD-10 condition categories; updating the model with more recent Medicare...
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