The Centers for Medicare and Medicaid Services (CMS) released the federal fiscal year (FY) 2023 Hospital Inpatient Prospective Payment Systems (IPPS) for Acute Care Hospitals and the Long Term Care Hospital (LTCH) Prospective Payment System proposed rule April 18. The American College of Radiology® (ACR®) has put together a detailed summary of updates relevant to radiology.
The proposed rule provides updates for Medicare fee-for-service payment rates and policies for inpatient hospitals and long-term care hospitals for FY 2023. CMS pays acute care for inpatient stays based on the patient’s diagnosis and severity of illness. Subject to certain adjustments, a hospital receives a single payment for the case dependent on the payment classification assigned at discharge through Medicare Severity Diagnosis-Related Groups.
If you have any questions, please contact Christina Berry, ACR Team Lead, Economic Policy.