2019: CMS’ final rule created more alignment between payments for hospital outpatient departments and ASCs. The payment increase for ASCs was 2.1%.
2020: There was a 2.6% payment increase. This update was still based on the hospital market basket index.
2021: CMS’ increased payments by 2.4%, accounting for the COVID-19 pandemic.
2022: CMS increased payments by 2%. This rate was based on the market basket increase, minus productivity adjustment.
2023: CMS’ payments increased 3.8%, based on economic conditions.
2024: CMS initially proposed a 2.8% increase, which was increased to 3.1%.
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.