CMS has finalized an approximate $2.3 billion increase in hospital payments next year, including a 2.5 percent bump for hospital reimbursement rates under Medicare’s Inpatient Prospective Payment System (IPPS).
Just released, the IPPS final rule for fiscal year (FY) 2022 will increase hospital reimbursement rates starting October 1, 2021, alongside payments to hospitals diagnosing and treat COVID-19.
The final rule authorizes additional payments for diagnostics and therapies for COVID-19 during the public health emergency (PHE), which is expected to last through this year. CMS stated that the additional payments are meant to “mitigate potential financial disincentives for hospitals to provide new COVID-19 treatments and to minimize any potential payment disruption immediately following the end of the PHE.”
Source: Revcycle Intelligence
Antibiotic Prescriptions Associated With COVID-19 Outpatient Visits Among Medicare Beneficiaries, April 2020 to April 2021
Outpatient Visits for COVID-19 and Associated Antibiotic Prescriptions Among Medicare Beneficiaries Aged 65 Years or Older, by Setting, US, April 2020 to April 2021. The volume of COVID-19 visits differed by setting: emergency department, 525 608 (45.8% of all visits); office, 295 983 (25.3%); telehealth, 260 261 (22.3%); and urgent care, 77 268 (6.6%).
Source: Journal of American Medical Association Network