2012 Annual Report to Congress – Medicare Payment Policy
March 15, 20122012 Annual Report to Congress – Medicare Payment Policy
From: MedPac – 3/15/12
MedPac released the annual report to Congress this week. This is an important report as the recommendations from this issuance will be strongly considered in the development of the updated Medicare payment rates for all services in FFY 2013 and later years. I highly recommend looking through the executive summary of this 443 page report as they summarize recommendations for the various Medicare services. Total Medicare FFS payments for 2009-2010 to PPS and Critical Access Hospital for inpatient and outpatient services totaled $153 billion.
MedPac’s recommendation for Inpatient and Outpatient PPS Medicare service payment rates in 2013 is a 1% increase.
