
AHA today thanked the Medicare Payment Advisory Commission for recommending a 2024 draft payment update of market basket plus 1% for hospital inpatient and outpatient prospective payment systems, but continued to recommend a market basket plus 2.8% update for inpatient and outpatient PPS hospitals and 2.7% update for long-term care hospitals, saying hospitals and health systems face unprecedented financial pressures due to inflation and almost two decades of negative Medicare margins.