Patient Safety | 05.14.21
CMS Proposes Pulling Requirement for Hospitals to Post Private Medicare Advantage Rates
The Centers for Medicare & Medicaid Services (CMS) recently released the proposed fiscal 2022 Hospital Inpatient Prospective Payment System and Long-Term Care Hospital rule, and it projected that hospital payments would increase by $2.5 billion in the 2022 fiscal year that begins Oct. 1. CMS also proposed a 2.8 percent increase in operating payment rates for acute care hospitals that participate in the Hospital Inpatient Quality Reporting Program and are users of meaningful electronic health records. In addition, CMS proposed to extend an add-on payment for new COVID-19 treatments through the end of the fiscal year when the public health emergency ends. Further, CMS said it is eliminating the Trump-era requirement for hospitals to post their privately negotiated Medicare Advantage rates in their Medicare cost reports because it could impose an "unnecessary burden on hospitals." The agency is seeking public comments on the entire proposed rule until June 28.
Read more on Fierce Healthcare