MedCity News August 2, 2024
CMS finalized a rule this week that will boost hospitals’ inpatient payment rates by 2.9%. Hospitals groups are unhappy with this payment update, arguing that it is insufficient and will exacerbate hospitals’ financial challenges.
On Thursday, the Centers for Medicare & Medicaid Services (CMS) issued its final rule for next year’s Medicare inpatient payment rate.
Under the new rule, hospitals that participate in CMS’ Hospital Inpatient Quality Reporting (IQR) program and are meaningful EHR users will receive a 2.9% increase to their inpatient payments for the fiscal year 2025, which starts in October. The new rate is slightly higher than the 2.6% hike CMS had initially proposed in April, but industry groups are still unhappy with the rate, arguing that...
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