Becker's Healthcare January 31, 2023
Patsy Newitt

CMS updated ASC payment rates to 3.8 percent, the most critical reimbursement shift in 2022, according to VMG Health’s “ASCs in 2022: A Year in Review” report released Jan. 26.

Five key details:

1. CMS finalized the productivity-adjusted hospital market basket update to ASC payment system rate with an updated ASC payment rate of 3.8 percent applied to ASCs meeting relevant quality reporting requirements.

2. This increase is determined based on a projected inflation rate of 4.1 percent minus the reduction of 0.3 percent...

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Topics: ASC, CMS, Govt Agencies, Provider, Survey / Study, Trends
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