What’s happening: The Centers for Medicare & Medicaid Services (CMS) has proposed a net increase to base Medicare inpatient payment rates (market basket update) of 2.6% for fiscal year (FY) 2025.
What else to know: The increase is included in the FY 2025 Medicare hospital inpatient prospective payment system (IPPS) and long-term care hospital (LTCH) prospective payment system proposed rule. Comments on the proposed rule are due to CMS by June 10.
The proposed rule updates Medicare fee-for-service payment rates and policies for inpatient hospitals and LTCHs for FY 2025. Additional details are available in a CMS fact sheet.
CHA is reviewing the regulation and will provide details in the April 18 edition of CHA News.