Staff Contact: Andrew Wheeler
MHA released a summary and comprehensive analysis of proposed updates to the Medicare IRF PPS for FFY 2024. The analysis compares FYs 2023 and 2024, which includes updates to the market basket, market basket reductions mandated by the ACA, case-mix group updates and updates to the wage index. In aggregate, IRFs in Missouri will see an estimated increase of 2.22% for services paid under the IRF PPS.
The analysis does not include the effects of payments for managed care patients, sequestration, or any modification in fee-for-service payments as a result of hospital participation in new payment models being tested under Medicare demonstration or pilot programs. The analysis, which is available online for authorized users of HIDI Advantage®, includes a summary for the nation, Missouri, health systems and individual hospitals. Hospitals have until Friday, June 2, to review their hospital-specific data and submit comments regarding the proposed rule.