The market basket update is intended to update hospital reimbursement rates for inflation. Overall Medicare margins are expected to be negative 5.9 percent for FY 2010, according to MedPAC projections cited in the report.
According to the AHA, this data reinforces the industry group’s concerns that Medicare payments do not adequately reimburse the provision of services to Medicare patients.
Read AHANewsNow’s report on the Medicare market basket update.
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