HealthLeaders Media September 7, 2020
A key objective is to enable updates to the MS-DRG payment rates that are no longer dependent on gross charges billed by hospitals that are reduced to cost using hospitals’ cost report data.
This article appears in the July/August 2020 edition of HealthLeaders magazine.
Included in the FY 2021 inpatient prospective payment system (IPPS) proposed rule are proposals for hospitals to report their negotiated payment rates.
CMS considers these new proposals as an evolution of the existing requirements concerning price transparency.
CMS states that its proposals are in response to two Executive Orders: Executive Order 13813, Promoting Healthcare Choice and Competition Across the United States, and 13890, Protecting and Improving Medicare for Our Nation’s Seniors.
A key objective in the...