News Headlines Article

Hospitals rake in $1.3 billion from Medicare appeals settlements
Modern Healthcare

It appears the federal government has made hospitals an offer too good to refuse.

The CMS paid out $1.3 billion to more than 1,900 hospitals, as of June 1, as part of its deal to clear out the Medicare payment-appeals process. It’s a staggeringly high amount, indicating that most hospitals preferred quick, discounted Medicare reimbursements over remaining tied up with claims denials. But the fight over Medicare appeals has only intensified because broader reforms are still in a state of limbo.