The Medicare Payment Advisory Commission is considering a draft recommendation to Congress that would provide a full "market basket" update for FY 2011 for both inpatient and outpatient hospital payments, according to a report by AHANewsNow.
The market basket update is intended to update hospital reimbursement rates for inflation. Overall Medicare margins are expected to be negative 5.9 percent for FY 2010, according to MedPAC projections cited in the report.
According to the AHA, this data reinforces the industry group's concerns that Medicare payments do not adequately reimburse the provision of services to Medicare patients.
Read AHANewsNow's report on the Medicare market basket update.
The market basket update is intended to update hospital reimbursement rates for inflation. Overall Medicare margins are expected to be negative 5.9 percent for FY 2010, according to MedPAC projections cited in the report.
According to the AHA, this data reinforces the industry group's concerns that Medicare payments do not adequately reimburse the provision of services to Medicare patients.
Read AHANewsNow's report on the Medicare market basket update.