HealthLeaders Media April 12, 2024
The proposed 2.6% payment increase is the lowest rate increase proposed since 2019.
KEY TAKEAWAYS
– CMS recently released the fiscal year 2025 IPPS proposed rule to unhappy providers.
– The rate change reflects a 3% market basket increase and 0.4% productivity adjustment.
– And even though hospitals could see a payment increase of $2.9 billion if the rule is finalized as is, some say systems will still be financially strained.
Just over a week after finalizing a rate increase for Medicare Advantage payments, CMS dropped another rule.
The fiscal year 2025 IPPS proposed rule calls for a 2.6% increase to Medicare payments for hospital inpatient care. This payment update reflects a hospital market basket increase of 3.0%, and would...
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