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CMS Releases the 2024 IPPS Final Rule

CMS Releases the 2024 IPPS Final Rule August 3, 2023

The Medicare 2024 Final Inpatient Prospective Payment Rule has been published.  Some notable changes for the upcoming year include:

  • 3.1% increase in operating payments for acute care hospitals (an increase from the proposed rule projection of 2.8%)
    • Individual hospitals may receive a 1% reduction for poor quality performance
    • Individual hospitals may receive reductions for excessive readmissions
    • Individual hospitals may receive additional positive or negative adjustments based on the Value-Based Purchasing Program
  • Expiration of the New COVID-19 Treatments Add-on Payment (NCTAP)
  • Revisions to quality reporting measures
  • Numerous ICD-10 and MS-DRG changes:
 # Added in 2024# Removed in 2024
ICD-10 Diagnosis Codes39525
ICD-10 Procedure Codes785
CC & MCC Conditions9711
Post-acute care transfer MS-DRGs20

We recommend reviewing the changes in their entirety and begin preparing for necessary updates and start the education and training process for your clinical and administrative staff.  

As a reminder, the ICD-10 changes become effective on October 1, 2023.

The Final Rule may be found here:

The Fact Sheet may be found here:

The Tables to the Final Rule may be found here:

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