2024 Medicare IPPS rate impact analysis
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The Centers for Medicare and Medicaid Services (CMS) has issued the fiscal year 2024 Medicare Inpatient Prospective Payment System (IPPS) and Long-Term Care Hospital Proposed Rule, affecting inpatient discharges from Oct. 1, 2023, through Sept. 30, 2024.
This rule impacts key areas of reimbursement, including:
- Operating payments
- MS-DRG weights
- Wage index
- Medicare disproportionate share (DSH)
- Medical education
- Quality programs and the data you must report
Wondering how the proposed rule affects your hospital?
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Our reimbursement team has analyzed the various changes within the proposed rule and compiled hospital-specific computations. Areas with the greatest impact are the wage index and the inpatient quality and value-based care risk. You can find more information about the FY 2023 Hospital IPPS Proposed Rule here.
If you have any questions related to the IPPS proposed rule and how it impacts your organization, please contact any of our industry experts below