CMS issues final inpatient payment (IPPS) rules for acute-care hospitals
Compliance Monitor, August 4, 2004
Want to receive articles like this one in your inbox? Subscribe to Compliance Monitor!
CMS issued its final fiscal year 2005 inpatient payment rules August 3, pledging to increase reimbursement to acute-care hospitals, offer additional financial relief to rural hospitals, and create a link between quality and payment.
According to CMS, the combined impact of the inflation update and other proposed changes-required by the Medicare-reform law-will yield an average 5.7% increase in payments for urban hospitals next year. Rural hospitals will see an average increase of 6.2%.
Medicare payments to approximately 3,900 acute-care hospitals under the inpatient prospective payment system (IPPS) are projected to be $105 billion in 2005, up from a projected $100 billion in 2004, the agency says.
Among other provisions, the rule
Resources:
The final rule will be published in the August 11 Federal Register. It takes effect for hospital discharges on or after October 1, 2004.
To read CMS' press release, click here.
To read CMS' fact sheet, click here.
Want to receive articles like this one in your inbox? Subscribe to Compliance Monitor!
Related Products
-
Strategies for Health Care Compliance
News and real-life examples to increase the effectiveness of your compliance program. Strategies for Health Care Compliance...
-
Compliance Monitor
This HTML e-mail newsletter delivers news on Medicare and Medicaid fraud and abuse, as well as recent documents and targets...
-
Medicare Weekly Update
Each issue of Medicare Weekly Update includes the latest CMS proposed and final rules, CMS manual revisions, and...
-
Medicare Update for Physician Services
Medicare Update for Physician Services is a free, monthly e-zine that delivers news and information to help physician...
Most Popular
- Articles
-
- Q/A: Volume requirement for reporting hydration services
- Featured blog post: Nurses face felony charges after reporting physician to the Texas Medical Board
- Catch up on what's new with injections and infusions
- Identify potential Medicaid RAC target areas
- HIPAA Q&A: Level of encryption needed for email
- Topic: CMS, OESS post new security compliance review information, checklist
- Capturing all necessary codes for IUD insertion and removal can be challenging
- What does case-mix index mean to you?
- OB services: Coding inside and outside of the package
- QA:Coding multiple initial infusions
- E-mailed
-
- Q/A: Volume requirement for reporting hydration services
- Featured blog post: Nurses face felony charges after reporting physician to the Texas Medical Board
- CMS has reformulated payments for some bilateral procedures
- HIPAA Q&A: Level of encryption needed for email
- Q&A: Follow CMS' coding guidelines when using modifier -25
- What does case-mix index mean to you?
- Catch up on what's new with injections and infusions
- New conflicts of interest create new challenges
- Q/A. One injection code or two?
- Cohesive History and Physical Requirements
- Searched