Health Care Update - August 2015

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CMS Releases Final Payment Rules (IPPS, IRF, LTCHs, Hospice, and Psych): At the end of last week, the Centers for Medicare and Medicaid Services (CMS) released a set of final 2016 payment rules affecting acute care hospitals and other providers such as psychiatric and long-term care hospitals. Overall, payment updates were within most analyst expectations, but the larger story is the continuing movement tying payment to quality and also adoption of electronic medical records.

For example, acute care hospitals that report quality data and are also meaningful users of electronic medical records will receive a 0.9 percent increase in Medicare operating rates. Alternatively, hospitals that do not report quality data or are meaningful users would be cut by a quarter or half of their market basket update respectively.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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