In a move praised by the American Hospital Association, the Centers for Medicare and Medicaid Services has repealed the mandate that hospitals report the median payer-specific negotiated charge they make with their Medicare Advantage payers on the Medicare cost report, Healthcare Finance reports.
This is in effect for the cost reporting periods ending on or after Jan. 1, of this year, CMS said in making the change in its Inpatient Prospective System payment rule released Monday.
CMS is getting rid of the requirement made under the Trump administration because it could impose an unnecessary burden on hospitals.
