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Healthcare Financial News - CMS Issues Correction Notice for FY08 IPPS Final Rule with Comment Period

Healthcare Financial News


Thursday, October 11, 2007
CMS Issues Correction Notice for FY08 IPPS Final Rule with Comment Period

On Sept. 28, 2007, the Centers for Medicare and Medicaid Services (CMS) issued a correction notice that corrects technical errors that appeared in the FY08 inpatient prospective payment system (IPPS) final rule with comment period. The correction notice, printed in the Oct. 10, 2007, Federal Register, was developed prior to the Sept. 29 enactment of the TMA, Abstinence Education, and QI Programs Extension Act of 2007, which, among other things, changed the IPPS MS-DRG documentation and coding adjustment from -1.2 percent to -0.6 percent for FY08. Consequently, the change to the documentation and coding adjustment for FY08 is not reflected in rates presented in the aforementioned correction notice. CMS is in the process of implementing this change in the law; further information and updated rates will be posted in the near future on the CMS web site.

Medicare claims processing systems have incorporated software updates to accommodate both the correction notice and the TMA, Abstinence Education, and QI Programs Extension Act, thus ensuring that claims with discharge dates of Oct. 1, 2007, or later are processed with the correct rates.

posted on 10/11/2007 7:29:48 AM (CST)  Permalink