Healthcare DIVE August 2, 2024
Still, hospitals weren’t happy with the increase from the CMS’ original rate proposal earlier this year.
Dive Brief:
- The Biden administration has finalized a 2.9% payment hike for inpatient hospitals in Medicare next year, an increase over the 2.6% that regulators initially proposed.
- It’s on the higher end of historical rate increases, and should result in $2.9 billion in additional funds going to hospitals in 2025 compared to this year.
- Hospital lobbies still decried the rate as insufficient, while taking issue with other policies in the regulation finalized Thursday that would cut payments to hospitals serving more vulnerable and long-stay patients.
Dive Insight:
The nearly 3,000-page final rule finalizes a 3.4% increase to the market basket, a metric...
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