Fierce Health Payers December 5, 2019
Medicare fee-for-service payments to hospitals increased by 3.6% in 2018 compared to the year before, a new MedPAC analysis said.
Hospitals got $201 billion in Medicare fee-for-service payments in 2018, a 3.6% increase from 2017 as Medicare is footing the bill for higher drug prices, a new analysis found.
The analysis released Thursday by the Medicare Payment Advisory Commission (MedPAC) comes as the panel is debating a recommendation to Congress to increase base Medicare payments to acute care hospitals by 2%.
While payments to hospitals overall grew by 3.6% last year, payments for outpatient services increased by 7.2% under Medicare’s Outpatient Prospective Payment System. The reason for the hike was due to increases in physician-administered drugs in Part B and...
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