American Hospital Association April 10, 2024
The Centers for Medicare & Medicaid Services today issued a proposed rule that would increase Medicare inpatient prospective payment system rates by a net 2.6% in fiscal year 2025, compared with FY 2024, for hospitals that are meaningful users of electronic health records and submit quality measure data.
This 2.6% payment update reflects a hospital market basket increase of 3.0% as well as a productivity cut of 0.4%. It would increase hospital payments by $2.9 billion, plus a proposed $560 million increase in disproportionate share hospital payments and proposed $94 million increase in new medical technology payments.
In a statement shared with the media today, Ashley Thompson, AHA’s senior vice president for public policy analysis and development, said,...