Lexology November 17, 2023
Highlights
- The Centers for Medicare & Medicaid Services (CMS) finalized its Hospital Outpatient Prospective Payment System (OPPS) and Ambulatory Surgical Center (ASC) payment rates for calendar year (CY) 2024.
- For hospitals that meet the quality reporting requirements, CMS updated OPPS and ASC payment rates by 3.1 percent for 2024.
- The Final Rule also updates Medicare payment policies and rates for hospital outpatient departments and ASCs and takes effect on Jan. 1, 2024.
The Centers for Medicare & Medicaid Services (CMS) finalized its Hospital Outpatient Prospective Payment System (OPPS) and Ambulatory Surgical Center (ASC) payment rates on Nov. 2 for calendar year (CY) 2024. The Final Rule will be effective on Jan. 1, 2024.
The Final Rule updates Medicare...