MedPAC Urges Limiting Cuts in Fiscal Deal To Aid Hospitals
This week, the Medicare Payment Advisory Commission urged the federal government to limit cuts required by the "fiscal cliff" deal so hospitals can obtain a 1% payment increase for inpatient and outpatient care in fiscal year 2014. The 1% payment bump technically would be a reduction from the scheduled 1.8% increase in inpatient payments and 2% increase in outpatient payments established by a pre-existing legislative formula.
- "MedPAC Pushes 1% Pay Increase for Hospitals" (Daly, Modern Healthcare, 1/10).