Healthcare Finance News November 5, 2024
CMS is finalizing a new specific wage index that will be used to adjust payments for geographic differences in area wages.
Among a spate of final rules issued by the Centers for Medicare and Medicaid Services is one updating payment rates and policies under the End-Stage Renal Disease (ESRD) Prospective Payment System (PPS) for renal dialysis services furnished to Medicare beneficiaries in 2025.
For 2025, CMS is increasing the ESRD PPS base rate to $273.82, with the expectation that this will increase total payments to all ESRD facilities, both freestanding and hospital-based, by about 2.7%.
Under the ESRD PPS, Medicare expects to pay $6.6 billion to about 7,700 ESRD facilities. The base rate of $273.82 is an increase of...