FFY 2024 IPPS Final Rule

On August 1, the Centers for Medicare & Medicaid Services (CMS) released the FFY 2024 IPPS Final Rule (effective for discharges on or after October 1, 2023). Toyon is pleased to provide our summary of the Final Rule, focused on areas directly impacting Medicare cost reporting and reimbursement for acute care hospitals.  

I. National Medicare IPPS Estimates

II. Standardized Base Rates and DRG Weights

III. Uncompensated Care (UC) DSH

IV. Empirical DSH

V. Wage Index

VI. Graduate Medical Education (GME) & Allied Health

VII. Low Volume Adjustment

VIII. Medicare Dependent Hospital (MDH) Status

IX. Value-Based Purchasing (VBP) Incentives

X. Hospital-Acquired Condition (HAC) Penalty

XI. Request for Information on Safety Net Hospitals