tci Medicare Compliance & Reimbursement - 2003 Issue 28

Hospitals: CMS, PREMIER LAUNCH PAY-FOR-PERFORMANCE DEMO

Starting next year, top performing hospitals can get a boost in their Medicare reimbursements under a new three-year Medicare demonstration project unveiled July 10. In addition, hospitals that perform poorly will be at risk for losing money in the last year of the three year demo, which will be administered by the Centers for Medicare & Medicaid Services in conjunction with Premier, Inc. Premier is a group purchasing organization with a membership including about 1,500 nonprofit hospitals across the country. The demo will be open on a voluntary basis to the roughly 500 hospitals that currently report and...

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