Inpatient hospitals get 4.3% Medicare reimbursement bump

Medicare payments for hospital inpatient services will rise 4.3% in fiscal 2023 under a final rule the Centers for Medicare and Medicaid Services published Monday.

That amounts to (A) pay increase of about $2.6 billion and is higher than the 3.2% rate hike CMS proposed in April.

Hospital trade groups asked CMS to use its “exceptions and adjustments” authority to override the regulatory payment formula and give facilities an even larger…