AdvaMed To MedPAC: Does CMS Properly Reimburse Hospitals For Blood?
This article was originally published in The Gray Sheet
Executive Summary
Medicare's annual 2.8% increase in the inpatient hospital input price index from 1996 to 2000 was not sufficient to keep pace with the 7% annual increase in costs of producing blood, AdvaMed Associate VP for Payment and Policy Stephen Hull testified Oct. 19 at a Medicare Payment Advisory Commission (MedPAC) meeting in Washington, D.C.