CMS Projects $4B in ASC Payments for 2011

The Centers for Medicare and Medicaid Services expects to pay around $4 billion to ASCs for outpatient services in 2011, according to a preview of its final rule for Hospital Outpatient Prospective Payment System in the Federal Register, released in late Nov. 2010.

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CY 2011 is the first year that revised ASC payment system rates will be fully implemented based on the ASC standard ratesetting methodology. The changes are included in a final rule with comment period which applies updates to policies and payment rates for services in approximately 5,000 Medicare-participating ASCs.

Read the CMS press release on ASC rates for 2011.

Read the CMS Federal Register

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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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