HMP Global September 13, 2024
The US Department of Health and Human Services (HHS) has announced updates to Medicare payments and policies to improve healthcare accessibility, equity, and quality for millions of Americans, according to a press release by the HHS.
The fiscal year 2025 rule update, issued by the Centers for Medicare & Medicaid Services (CMS), introduces significant reforms to inpatient and long-term care (LTC) hospitals.
Under the new guidelines, acute care hospitals meeting specific criteria will see a 2.9% increase in operating payment rates. This adjustment is expected to boost hospital payments by an estimated $2.9 billion. LTC hospitals will benefit from a 3.0% increase in standard federal payment rates, translating to a projected $45 million rise in overall payments.
The reforms place...