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CMS Issues Final FY2015 Rule on Inpatient Hospital Payments
Health Leaders Media

Hospitals learned late Monday the precise rules for how they will be paid for care provided to Medicare beneficiaries in the fiscal year starting Oct. 1, including guidelines for three penalties for poor quality performers.

The Centers for Medicare & Medicaid Services’ Inpatient Prospective Payment System final rule for FY 2015 includes a 1.4% increase for operating payment rates. This factors in a market basket update of 2.9%, offset by -.5% percentage point productivity adjustment and a -.2 percentage point decrease as specified by the Patient Protection and Affordable Care Act, and a -.8% decrease in accordance with the American Taxpayer Relief Act of 2012.