Updates on extra Medicare payments and subsidized Medicaid payments

December 19, 2014 2:20 AM

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Both Medicare and Medicaid, managed by the Centers for Medicare and Medicaid Services (CMS), provide medical and health-related services to eligible patients in the United States. More hospitals will be rewarded with extra payments for improved care this year under the Medicare program compared to those with shrinking payments due to poor ratings. On the other hand, federal reimbursements for treating Medicaid patients will drop to 2012 levels starting 2015.

The CMS recently announced that 1,714 hospitals will receive incentives this year for improved care whereas 1,375 hospitals will receive fewer payments due to poor ratings. It signals the success of ObamaCare and its incentive strategy in improving quality of care.

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