FFY 2024 IPPS Proposed Rule

On April 10, the Centers for Medicare & Medicaid Services (CMS) published the FFY 2024 IPPS Proposed Rule (effective for discharges on or after October 1, 2023). Comments are due to CMS by Friday, June 9 via https://www.regulations.gov/ (see instructions under the “submit a comment” tab and reference file code “CMS-1785-P”). Toyon will share our comment letter in the coming weeks. 

Toyon is pleased to provide our summary of the IPPS Proposed Rule, focused on areas directly impacting Medicare cost reporting and reimbursement for acute care hospitals. On Toyon’s website below, the topics are broken down in the following sections:

I. National Medicare IPPS Estimates

II. Standardized Base Rates and MS-DRG Relative Weights

III. Uncompensated Care (UC) DSH

IV. Empirical DSH

V. Request for Information on Safety Net Hospitals

VI. Wage Index

VII. Graduate Medical Education (GME) & Allied Health MA Payment

VIII. Low-Volume Adjustment

IX. Medicare Dependent Hospital (MDH) Election

X. Value-Based Purchasing (VBP) Program

XI. Hospital-Acquired Condition (HAC) Reduction Program