Elevance Health brings commercial site-neutral payment to hospital claims
Elevance Health is moving site-neutral payment concepts into commercial reimbursement, with a Sept. 29 announcement setting the stage for constraints on hospital payment. The insurer said it would incorporate a series of new billing policies “intended to address increasingly common situations where care provided at an off-campus location is billed at a higher hospital rate.”…
Site-neutral payments could lead to $7.4 billion in Medicare cuts
A study found that a proposed Medicare site-neutral payment policy would cut payments by 50% across affected services, with the most aggressive proposal saving $7.4 billion annually, with the majority of savings coming from larger nonprofit hospitals.