MedPAC makes payment recommendations
By HME News Staff
Updated 9:19 AM CDT, Mon March 20, 2023
WASHINGTON – MedPAC recommends a higher-than-current law fee-for-service payment update in 2024 for acute care hospitals, as part of its March 2023 “Report to Congress: Medicare Payment Policy.” It also recommends positive updates for clinicians paid under the physician fee schedule and outpatient dialysis facilities; and negative updates for skilled nursing facilities, home health agencies and inpatient rehabilitation facilities. Additionally, it recommends a positive payment update in 2024 for hospice providers concurrent with wage adjusting and reducing the hospice aggregate Medicare payment cap by 20 percent. The report also reviews the state of Medicare Advantage and the prescription drug benefit. On Medicare Advantage, the group says it remains committed to including private plans in the Medicare program and allowing beneficiaries to choose among coverage options; however, it believes the government is overpaying these plans. The full report is available at MedPAC’s website (http://www.medpac.gov).
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