Bloomberg News has reported that a federal advisory commission will recommend to Congress that traditional Medicare lower payments by 5% to nursing homes, home health agencies, and inpatient rehabilitation facilities in 2023.
After assessing payment adequacy, the Medicare Payment Advisory Commission (MedPAC) found that the three provider groups were receiving sufficient reimbursement for the services they provide.
MedPAC provides lawmakers with analysis and policy advice on the taxpayer-funded Medicare program. Its recommendations are nonbinding, but Congress utilizes commissioners’ expertise when making funding decisions
In addition, the panel recommended that hospice providers would see no payment increase in 2023.
The commission also finalized a draft recommendation calling for a 20% cut in Medicare’s annual per-patient payment limit, or “aggregate cap,” for hospice providers in 2023.