The Centers for Medicare and Medicaid Services’ (CMS) proposed FY 2020 Inpatient Prospective Payment System (IPPS) rule may have an incorrect value regarding the area wage index (AWI). This involves the proposed reduction calculation for wage areas at and above the 75th percentile. CMS
Read more →Archive for the Financial Feature Category
The Congressional Budget Office (CBO) has released estimates of the costs/ savings presented in the President’s FY2020 budget proposal. This year’s scoring pegs the savings at nearly $36 billion over 10 years. For details, see today’s second Financial Feature.
Read more →The Centers for Medicare and Medicaid Services have released an extensive and very lengthy proposed rule to update both the Hospital Inpatient Prospective Payment System (IPPS) and the Long-Term Care Hospital (LTCH) Prospective Payment System for fiscal year (FY) 2020. Among many items, the
Read more →The Medicare Hospital Insurance Trust Fund will have sufficient funds to pay full benefits until 2026, according to the latest annual report from the Medicare Board of Trustees. That’s unchanged from last year’s report, which projected that the Medicare trust fund would become insolvent three years
Read more →CMS has issued a proposed rule to update the Medicare Inpatient Psychiatric Facilities (IPFs) Prospective Payment System (PPS) for Fiscal Year 2020. CMS says the overall economic impact of the proposed rule is an estimated $75 million in increased payments to IPFs during FY
Read more →CMS has issued a proposed rule to update the Medicare payment rates and the quality programs for skilled nursing facilities (SNFs) for FY 2020. CMS will begin using a new case-mix model, the Patient Driven Payment Model (PDPM), which focuses on the patient’s condition and resulting
Read more →CMS has issued a proposed rule that would update hospice payment rates, wage index values, and quality reporting items for fiscal year 2020. The rule also proposes to rebase the continuous home care (CHC), general inpatient care (GIP), and the inpatient respite care (IRC)
Read more →The Centers for Medicare and Medicaid Services (CMS) has released a proposed rule that would update the payment rates and quality reporting items for Inpatient Rehabilitation Facilities (IRFs) for Federal Fiscal Year 2020. CMS says that the overall economic impact of this proposed rule
Read more →Senator Bernie Sanders (I-VT) has released the 2019 version of his Medicare-for-All bill “to guarantee health care to every American as a right, not a privilege.” The Sanders’ legislation would fundamentally transform “the country’s dysfunctional health care system by eliminating profit-driven health insurance
Read more →President Trump recently submitted to Congress his budget request for fiscal year 2020. The budget request, which is not binding, proposes hundreds of billions of dollars in reductions to Medicare and Medicaid over 10 years.The budget request also contains a number of provisions related to drug pricing, opioids
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