CLA’s Regulatory Advisor offers a concise summary of key health care provisions and is a valuable reference tool for providers.
On April 18, 2016, the Centers for Medicare and Medicaid Services (CMS) issued a proposed rule that would update payment rates for approximately 3,300 acute care hospitals and 430 long-term care acute hospitals (LTCHs) across the country for discharges occurring on or after October 1, 2016.
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The proposed rule demonstrates the commitment that CMS has in shifting Medicare payments from volume to value. CMS estimates the overall impact of the proposed payment rate changes to IPPS, along with other changes in uncompensated care and payment reduction programs, will result in an increase in Medicare spending in federal fiscal year (FFY) 2017 of $539 million more than FFY 2016.
CMS is accepting comments on the proposed rule until June 17, 2016. Responses to comments will be contained in the final FFY 2017 rule which will be issued by August 1, 2016. CliftonLarsonAllen (CLA) will continue to monitor CMS publications and release additional guidance as information becomes available.
CliftonLarsonAllen’s Regulatory Advisor offers a summary of the key provisions and is a valuable reference tool. It translates some of the more complex issues into understandable terms so hospital leadership can prepare for the future.
Download the Regulatory Advisor.