The Centers for Medicare & Medicaid Services yesterday issued a correction notice to the fiscal year 2016 inpatient and long-term care hospital prospective payment system final rule, which was published Aug. 17. For the inpatient PPS, the corrections resulted in slight increases in both operating and capital rates; marginal reductions in almost all wage indexes (with a few exceptions); slightly lower uncompensated care adjustments (factor 3) for hospitals receiving Disproportionate Share Hospital payments; and a slight decrease in the outlier fixed-loss threshold (from $22,544 to $22,539). For the LTCH PPS, CMS made corrections to the Medicare Severity-LTC-Diagnosis Related Group and wage index tables. CMS also modified the outlier fixed-loss amount for LTCH site-neutral cases to align with the fixed-loss amount in the inpatient PPS ($22,539). The agency also made corrections to the FY 2016 Skilled Nursing Facility PPS final rule, which include technical corrections and a wage index change for selected SNFs in Arkansas and Maine.

Related News Articles

Headline
The Centers for Medicare & Medicaid Services March 28 issued a proposed rule for fiscal year 2025 for the skilled nursing facility prospective payment…
Headline
The Centers for Medicare & Medicaid Services today issued a proposed rule for the inpatient psychiatric facility prospective payment system for fiscal year…
Headline
This April through June under the Inflation Reduction Act, Medicare will reduce the coinsurance amount for 41 Part B prescription drugs from 20% to somewhere…
Headline
The Centers for Medicare & Medicaid Services expects to launch a voluntary primary care model in January 2025 for low-revenue accountable care…
Headline
The Medicare Payment Advisory Commission March 15 released its March report to Congress, which includes its recent recommendations for hospital and other…
Blog
The Medicare Payment Advisory Commission (MedPAC) today released its annual March Report advising Congress on the Medicare fee-for-service (FFS) payment…