Tag: Consumer Price Index (CPI)
CMS publishes 2024 FFS schedule
December 20, 2023HME News Staff
WASHINGTON – CMS has published the 2024 DMEPOS Fee-for-Service Fee Schedule. The fee schedule goes into effect on Jan. 1, 2024, and includes the 2.6% to 3% CPI-U adjustments announced earlier in the month. CMS is planning to revert back to fully adjusted rates in non-rural areas, effectively removing the current 75/25 blended reimbursement rates, says AAHomecare. Due to this, the rates for competitively bid items in non-rural areas will be considerably lower than the relief rates in effect...
In brief: CPI-U increase, WOY finalists, ResMed lawsuit
December 12, 2023HME News Staff
WASHINGTON – CMS has announced a 3% CPI-U adjustment to the DMEPOS fee schedule for calendar year 2024, AAHomecare has reported, but the actual amount will be influenced by Medicare’s competitive bidding program.
The adjustment varies as follows:
• CBP items in former CBAs (projected percentage change): +2.9%
• CBP items in non-CBAs (CPI-U): +3% (not directly stated in the change request)
• Non-CBP items...
CMS announces 3% increase
December 12, 2023HME News Staff
WASHINGTON – CMS has announced a 3% CPI-U adjustment to the DMEPOS fee schedule for calendar year 2024, AAHomecare has reported, but the actual amount will be influenced by Medicare’s competitive bidding program.
The adjustment varies as follows:
• CBP items in former CBAs (projected percentage change): +2.9%
• CBP items in non-CBAs (CPI-U): +3% (not directly stated in the change request)
• Non-CBP items...
CMS updates DMEPOS payments
December 1, 2022HME News Staff
WASHINGTON – CMS today announced a 9.1% increase for competitively bid DMEPOS items in non-competitive bidding areas and a 6.4% increase for bid items in former CBAs for calendar year 2023, AAHomecare reports.
Non-bid items will receive an 8.7% increase.
Typically, the CPI-U increases for DME have been 1%-3%. Last year, the inflation adjustment was 5% in former CBAs and 5.4% non-CBAs.
“These increases will help DME suppliers who have been dealing with rising...
Integrity director Budetti leaving CMS
September 10, 2013HME News Staff
BALTIMORE - Peter Budetti, the first director of the CMS Center for Program Integrity (CPI), is retiring. His last day with CMS is Wednesday, Sept. 11. Elizabeth Handley will take over as acting director, Bloomberg reports. Administrator Marilyn Tavenner wrote, in an internal email, “Peter, with the support of a strong team, realigned the structure of program integrity in the agency and CPI took on the challenge of moving beyond pay-and-chase antifraud activities to preventing fraud before...