The Centers for Medicare and Medicaid Services (CMS) has proposed the Inpatient Prospective Payment System (IPPS) rule that would represent an increase in payments to hospitals of approximately $27 million in 2014.
CMS also proposed two new readmission measures used to calculate readmission penalties for fiscal 2015 under its Hospital Readmissions Reduction program. In fiscal 2014, the maximum payment reduction penalty will increase from 1 percent to 2 percent.
The proposed rule will be published in the Federal Register on May 10. CMS will accept comments on the proposed rule until June 25, 2013, and will respond to comments in its final rule to be issued by August 1, 2013.
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