Even before the COVID-19 pandemic, many California hospitals’ financial situations were challenging — nearly 40% operated in the red. Hospitals strive to contain costs while delivering essential care to their communities in the most cost-effective manner. CHA provides direction to hospitals on the diverse issues that affect their financial performance, and advocates for them to ensure that much-needed programs retain their funding. In addition, CHA offers tools such as DataSuite to help hospitals analyze government reimbursement changes, and the potential impact of regulatory and legislative actions on hospitals.
About Finance & Reimbursement
Changes for Medi-Cal and managed care are around the corner. They are significant, and they will impact most of California’s hospitals.
CMS issues updates on Prospective Payment Systems (PPS) CMS proposes to increase payment rates by approximately 2.8% in fiscal year 2022 compared to FFY 2021 for hospitals paid under the IPPS that successfully participate in the hospital inpatient quality reporting program and are users of meaningful electronic health records (EHR). Based on all changes in the proposed […]