Maryland’s Health Services Cost Review Commission has dictated the Medicare rates for hospitals for the past 35 years under a special exemption waiver from CMS. In order to receive the waiver, the state must show the federal government its Medicare costs grow more slowly than the rest of the country, but Medicare costs have climbed dramatically in recent years, according to the report.
This system has been based on inpatient care, but because inpatient admissions are bowing to the outpatient trend, the HSCRC is looking at ways to preserve the system while adjusting for the changes.
“We are looking to evolve the system to address changing circumstances in healthcare,” John Colmers, chairman of the HSCRC and vice president of strategic planning for Baltimore-based Johns Hopkins Medicine, said in the report. “I think there generally remains support for this among the political leadership, the hospitals and the insurers.”
In May, the HSCRC approved a net payment increase of 0.3 percent for fiscal year 2013, which included a 1 percent cut to inpatient rates.
More Articles on Maryland Hospital Rates:
Community Hospital CEO Panel: 3 Leaders Share Insights on the State of Community Hospitals
Maryland Commission Cuts Hospital Inpatient Rates 1%
Maryland Hospitals See Slower Increase in Payments
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit