FY2024 Final Rules — Getting Ready for October 1

Twice each month, PYA experts discuss the latest industry regulatory developments during our popular Healthcare Regulatory Roundup (HCRR) webinar series. This episode presents the Centers for Medicare & Medicaid Services (CMS) FY2024 final rules. In late July, CMS released the FY2024 final rules for hospital inpatient prospective payment system (PPS), long-term care hospital PPS, skilled nursing facility PPS, hospice payment rate update, inpatient psychiatric facility PPS, and inpatient rehabilitation facility PPS. The FY2024 final rules go into effect on October 1, the start of the federal fiscal year. PYA's Martie Ross and Kathy Reep discussed key provisions of these rules: Payment rate updates Value-based purchasing program measure and scoring modifications Quality reporting program changes Hospital DSH payment reductions Changes to hospital add-on payment policies New exclusions to SNF consolidated billing The webinar took place August 16, 2023.