Medicare Offers Hospitals $1.9 Billion in 2021 Incentive Payments

Medicare would make about $1.9 billion available for value-based incentive payments to hospitals in fiscal year 2021 under a proposed payment rule released Monday.

In addition, Medicare payments to hospitals for uncompensated care would fall by $534 million in the 2021 fiscal year, according to the proposal by the Centers for Medicare & Medicaid Services. The proposed changes would update three factors that determine the payments.

And the nation’s 360 long-term care hospitals would see Medicare payments fall by roughly $36 million under the proposed Inpatient Prospective Payment System and the Long-Term Care Hospital Prospective Payment System rule for fiscal ...