After seeing growth in Medicare margins between 2004 and 2005, hospital outpatient margins declined in 2006, which reflects changes in the reimbursement for Medicare Part B drugs and the end of hold-harmless payments to SCHs, which were reestablished in 2009.
However, the margin improved in 2009 and 2010, possibly due to relatively low cost growth, according to a report from the Medicare Payment Advisory Commission.
Here are the Medicare hospital outpatient margins for 2004-2010:
2004: -10.7 percent
2005: -9.1 percent
2006: -11.0 percent
2007: -11.5 percent
2008: -12.7 percent
2009: -10.7 percent
2010: -9.6 percent
More Articles on Outpatient Surgery:
CMS: Hospital Outpatient Departments Perform Twice as Many ASC-Eligible Procedures as Surgery Centers
New Outpatient Surgery Center Comes to North Carolina's MedWest Haywood Hospital
Maine's Boothbay Harbor Hospital to Cease Outpatient Surgery Services
However, the margin improved in 2009 and 2010, possibly due to relatively low cost growth, according to a report from the Medicare Payment Advisory Commission.
Here are the Medicare hospital outpatient margins for 2004-2010:
2004: -10.7 percent
2005: -9.1 percent
2006: -11.0 percent
2007: -11.5 percent
2008: -12.7 percent
2009: -10.7 percent
2010: -9.6 percent
More Articles on Outpatient Surgery:
CMS: Hospital Outpatient Departments Perform Twice as Many ASC-Eligible Procedures as Surgery Centers
New Outpatient Surgery Center Comes to North Carolina's MedWest Haywood Hospital
Maine's Boothbay Harbor Hospital to Cease Outpatient Surgery Services