Finally, the Inpatient Rehabilitation Facility Prospective Payment
System, implemented in 2002, reimbursed inpatient rehabilitation facilities on a per discharge basis based on patients' health and functional status.
If you really want something to worry about, think what's in store for us if prospective payment
Richard Averill says, "3M is pleased to have the opportunity to assist HCFA in preparing for the Medicare outpatient prospective payment
Under the prospective payment
system, each facility's variable costs are determined in a base year and trended forward using the skilled nursing facility market basket inflation forecast published by Data Resources, Inc.
The following could constitute the components of a competitive prospective payment
Psychiatric, rehabilitation and children's hospitals, which are excluded from the prospective payment
system, will have the limit placed on their allowable costs increased by between 3.
One study found that implementation of the Medicare Prospective Payment
System (PPS) was associated with a statistically significant increase in the number of quality-of-care deficiencies, but the trend reversed following the Medicare funding adjustments in the BBRA.
The home health prospective payment
system, proposed by HCFA October 29, 1999, is scheduled to go into effect October 1, 2000, for all agencies, regardless of when their cost-reporting period begins.
CMS's estimate that the revised ASC rates would be 62% of the corresponding rates under the Outpatient Prospective Payment
System for hospital outpatient departments;
The Medicare prospective payment
system is clearly having a devastating impact on revenues and cash flow, said Robert Elkins, chairman and CEO.
In an attempt to reduce costs and raise the general standard of secondary care, governments in many countries are moving from cost-based reimbursement for services rendered to prospective payment
systems, which pay providers a predetermined amount according to specific definitions.
HCFA's proposed Medicare SNF prospective payment
system (PPS) increase has stirred up a less than enthusiastic response.