CMS Offers Hospitals Bigger Payments, Bigger Penalties

Law360, New York (April 29, 2013, 3:18 PM EDT) -- The Centers for Medicare and Medicaid Services on Friday said it will boost hospital reimbursements next year but also outlined new financial penalties for providers who fall short of the Affordable Care Act’s directive to curb infections and readmissions.

In its 1,424-page proposed rule, CMS said Medicare payments for inpatient stays at acute care hospitals would rise 0.8 percent when the new fiscal year commences Oct. 1 and that hospitals providing long-term care would see payments jump 1.1 percent.

But beginning next October, payments will dip...
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