Fierce Health Payers April 27, 2021
The Biden administration is proposing to repeal a Trump-era requirement for hospitals to post their privately negotiated Medicare Advantage rates in their Medicare cost reports.
The Centers for Medicare & Medicaid Services (CMS) released the proposed fiscal 2022 Hospital Inpatient Prospective Payment System and Long-Term Care Hospital rule late Tuesday. The agency also projects hospital payments to increase by $2.5 billion in the 2022 fiscal year that begins Oct. 1.
CMS said it is getting rid of the requirement that was in the 2021 final rule published by the Trump administration because it could impose an “unnecessary burden on hospitals.”
The decision to pull the requirement was met with cheers from the hospital industry.
“We have long said that privately...
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