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Healthcare Financial News - CMS to Increase Hospital Payment Rates

Healthcare Financial News


Friday, July 31, 2009
CMS to Increase Hospital Payment Rates

The Centers for Medicare & Medicaid Services (CMS) today announced that acute care hospitals will receive a 2.1 percent inflation update for their payment rates effective fiscal year 2010. Earlier this year, CMS had proposed to reduce payments by 1.9 percent.

The update was included in a final rule making policy changes and setting payment rates for inpatient services in general acute care hospitals. The changes will be effective beginning with discharges on or after Oct. 1, 2009.

The final rule will be published in the Aug. 27 Federal Register.

Read the CMS press release.

posted on 7/31/2009 4:02:37 PM (CST)  Permalink