Here's how CFOs can prep for this possible reimbursement change.
Hospital leaders are fighting back against a Senate position paper advocating for site-neutral payments.
The proposal, drafted by U.S. Sens. Bill Cassidy, MD, R-La., and Maggie Hassan D-N.H., 1 advocates for site-neutral payments to reduce patient healthcare costs, reduce provider consolidation, improve Medicare financials, and aid rural hospitals in high-need areas.
Under this payment structure, Medicare would be required to pay the same rate for services carried out regardless of the care location. Medicare payment rates currently recognize fundamental differences between care in hospital outpatient departments and other settings.
As hospitals push back against the proposal, CFOs can evaluate the potential financial and strategic impacts and zoom in on a few key considerations.
Also check out the accompanying article.
Marie DeFreitas is the CFO editor for HealthLeaders.