American Hospital Association April 10, 2024
The Centers for Medicare & Medicaid Services today proposed increasing long-term care hospital standard rate payments by 1.2% in fiscal year 2025 relative to FY 2024. This includes a 3.2% market basket update, reduced by a 0.4% productivity adjustment. In addition, CMS proposes to raise the fixed-loss amount for high-cost outlier payments to $90,921, which would reduce overall standard rate payments by 1.3%. CMS also proposes to rebase the LTCH market basket using a 2022 base year.
In a statement shared with the media, Ashley Thompson, AHA’s senior vice president for public policy analysis and development, said AHA is “disappointed that CMS has proposed to increase the long-term care hospital outlier threshold, once again, by an extraordinary amount. Expecting...
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