Published in Lab Law Weekly, November 26th, 2004
For hospitals, the final rule provides for a 3.3% inflation update in payment rates for outpatient services. The inflation update, together with other policies contained in the final Outpatient Prospective Payment System (OPPS) rule, will increase projected Medicare payments to hospitals for outpatient services to $24.6 billion compared to projected payments of $23.1 billion in 2004.
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