MedPAC suggests modest hospital payment bump for 2012

The Medicare Payment Advisory Commission (MedPAC) is considering a draft recommendation that would bump up hospital payments in fiscal year 2012 by 2.6 percent. That full "market basket" update would be counterbalanced by a 1.6 percent reduction to reflect mandatory offsets for presumably improved coding and documentation processes, making the overall payment increase only 1 percent. The recommendation was made at MedPAC's regular public meeting in Washington last week, and was presented by commission chair Glenn Hackbarth, who stressed that the proposal was his alone. -- Read the full article at FierceHealthFinance

Suggested Articles

The profit margins and management of Community Health Group raise questions about oversight of managed care insurers.

Financial experts are warning practices about the pitfalls of promoting medical credit cards to their patients.

A proposed rule issued by HHS on Tuesday would expand short-term coverage, a move Seema Verma said will have "virtually no impact" on ACA premiums.