HealthExec May 15, 2018
CMS has approved an extension of Maryland’s model of offering a fixed payment for most hospital services, allowing physician practices and nursing homes to voluntarily participate in a program that has saved Medicare hundreds of millions of dollars.
The current all-payer model was first adopted in 2014. Hospitals in the state were moved to a global budget set by the state for inpatient, outpatient and emergency care, regardless of payer. With the CMS-approved extension, physician offices and nursing homes can voluntarily join the model.
“Over the past five years, Maryland’s hospitals have laid the foundation for linking quality health care with cost containment,” Bob Atlas, president and CEO of the Maryland Hospital Association, said in a statement. “During this time,...
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