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CMS Approves Hospital Fee Program Managed Care Rates

For CFOs

On Monday, the Department of Health Care Services (DHCS) shared four approval letters, dated May 18 and May 26, from the Centers for Medicare & Medicaid Services (CMS). The approved rates include  only the Hospital Fee Program for Jan. 1-June 30, 2017. DHCS is still waiting on CMS’ approval of rates for state fiscal years 2017-18 and  2018-19.

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