Hospitals will get a 2.7% pay boost in fiscal year 2021 for inpatient Medicare services amounting to $3.5 billion, according to CMS’ finalized inpatient prospective payment system rule released late Wednesday. The final rule, which affects around 3,200 acute-care hospitals and about 360 long-term care facilities, will increase operating and uncompensated care payments for Medicare beneficiaries by $3 billion. There will also be a net increase of $506 million related to adjusted capital payments and new technology add-on payments, which compensate hospitals for cases involving high-cost technologies, CMS said.
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Source: https://www.modernhealthcare.com/payment/hospitals-receive-35-billion-pay-boost-inpatient-medicare-services