Recent changes to the Medicare Part B Outpatient Prospective PaymentSystem reimbursement system will end up benefiting hospitals,according to a new study.

The analysis by Avalere finds that 85 percent of hospitals will “see a net increase in theiroverall Medicare Part B reimbursement.”

The findings may come as a surprise to the many in the medicalfield who loudly protested the recent changes to the 340B program, which requiresdrug companies to provide discounted drugs to hospitals that servea large population of low-income patients. Until Jan. 1, 340Bhospitals were reimbursed by the federal government at the fullmarket rate of the drugs, plus 4.3 percent, providing themadditional money that they are supposed to invest in improvingservice for low-income patients.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.