tci Medicare Compliance & Reimbursement - 2016 Issue 8

Industry Notes: Medicare Advantage Pay to Rise by 0.85 Percent

Looking for a boost in your Medicare Advantage payments? CMS is prepared to oblige, but won’t be offering as much as most practices had previously been hoping. Effective Jan. 1, 2017, the Centers for Medicare & Medicaid Services (CMS) will raise Advantage payments by 0.05 percent, although this is a bit lower than CMS’s previous projection, which had the raise projected at 1.35 percent. “The final revenue increase is somewhat smaller than the increase estimated in the February Advance Notice due primarily to technical updates in the risk adjustment normalization factor,” CMS said...

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