tci Medicare Compliance & Reimbursement - 2003 Issue 43
Hospitals: HOSPITALS SLATED FOR 4.5 PERCENT PAY BOOST
Pass through payments escape across-the-board cuts. Hospitals will collect 4.5 percent more on average from Medicare for outpatient services in 2004. That's according to the Centers for Medicare & Medicaid Services final outpatient prospective payment system rule, slated for publication in the Nov. 7 Federal Register. What's more, CMS won't be imposing an across-the-board reduction on pass-through payments for drugs, biologicals and devices, as it did - to much outcry - last year. According to CMS, payments for clinic visits, emergency department visits and preventive care will all go up. The rule also sets two thresholds for...
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