CHA News

CMS Approves Hospital Fee Program Managed Care Rates

For CFOs

This post has been archived and contains information that may be out of date.

This week, the Department of Health Care Services shared four approval letters, dated April 10, from the Centers for Medicare & Medicaid Services (CMS). While these letters mention approval is for state fiscal year 2016-17, the rates approved only include the Hospital Fee Program for June 1 to Dec. 31, 2016.

With these rate approvals, CMS has officially approved all components of the 2014-16 Hospital Fee Program.

Hospitals should share the relevant letters, linked here, with their accounting firms: