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CMS Issues FY 2014 IPPS Proposed rule

Tuesday, May 7, 2013  
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The Centers for Medicare & Medicaid Services (CMS) recently issued the Inpatient Prospective Payment Systems (IIPS) proposed rule for fiscal year 2014. The date for implementation of the proposed rule is October 1, 2013, and the window for submitting comments remains open until 5pm ET on June 25, 2013.

The proposed rule calls for a positive payment increase of 0.8% and is generally in line with expectations. Cardiovascular and orthopedic products will receive a 3.7% increase. In addition, the rule also addresses the issue of charge compression by adding new payment rates for device intensive cases using data from implantable medical device cost center.

To view the proposed rule, please click here