The Hill (5/1, Viebeck) reports that, last night, CMS released a “a wide-ranging, nearly 1,700-page regulation on inpatient hospital payments.” The proposal (PDF) would require hospitals to offer a list of standard prices for various medical services. The proposal implements a provision of the Affordable Care Act.
The Congressional Quarterly (5/1, Reichard, Subscription Publication) reports that CMS also proposed updated inpatient payment rates as part of the wide-ranging proposed hospital rule. Under the proposal, “general acute care hospitals would get a 1.3 percent Medicare payment rate increase and long-term acute care facilities an 0.8 percent hike in fiscal 2015.”
Modern Healthcare (4/30, Demko, Subscription Publication) reports that the new payment rates are estimated to decrease reimbursements to the 3,400 applicable hospitals by $241 million in FY 2015.
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