Proposed Medicare Hospital Rates Could Benefit Devices

While CMS’ new Medicare rate proposal would reduce hospital payments by 0.1 percent overall, it contains modest increases for procedures involving top cardiology and orthopedic devices, such as drug-coated heart stents and replacement hips, according to a report by Dow Jones Newswires.

Advertisement

CMS will post a final rule on Medicare payment rates by Aug. 1.

CMS’ rate proposal doesn’t address provisions in the new health reform law, but the agency said it plans to provide more information on this “in the near future.”

Read Dow Jones Newswires‘ report on medical devices.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Pharmacy

Advertisement

Comments are closed.