Welcome to the HRP Press Room
Management Briefing: Hospital Inpatient Prospective Payment System 2007 Final Rule
Live 90-Minute Audio Conference Scheduled For
Thursday, February 2, 2006 from 1:30 – 3:00 pm ET
Date: October 2, 2006
Contact: Robert Jenkins
Phone: (732) 292-1100
MANASQUAN, N.J. — The Centers for Medicare and Medicaid Services (CMS) has changed the method for reimbursing hospitals for inpatient stays for fiscal year (FY) 2007. It is the first significant change in the reimbursement system since it was first implemented in 1983. The revised payments will be effective for discharges on or after October 1st. The goal, according to CMS, is to improve the accuracy of Medicare’s payment for inpatient stays. The payment reforms, which will be phased in over time, align hospital payments more closely with the costs of a patient’s care by using hospital costs rather than charges, and by accounting more fully for the severity of the patient’s condition.
Health Resources Publishing has announced the new audio conference, “Management Briefing: Hospital Inpatient Prospective Payment System 2007 Final Rule Changes” which is taking place on Thursday, October 19, 2006 from 1:30-3:00 EST.
The speakers are Mary Cronin, Director, and Tina Ford, Senior Manager of BESLER Consulting, a leading advisory firm in healthcare financial management and operations. This program will review of the Medicare Budget FY 2007 changes affecting acute care hospitals, post acute care, skilled nursing facilities, inpatient psychiatric, partial hospitalization, and Medicare managed care.
Medicare’s inpatient rates for operating expenses will increase by 3.4 percent in FY 2007 for those hospitals that report quality data to CMS. Overall, the changes are estimated to increase payments to acute care hospitals by $3.4 billion.
How to Register:
To register for “Management Briefing: Hospital Inpatient Prospective Payment System 2007 Final Rule Changes,” visit http://www.healthresourcesonline.com/edu/mip.htm or call (800) 516-4343.
The cost of the conference is $227 per site if registered before October 11 and $277 after the early bird deadline. A CD will also be available for purchase for those unable to attend the live conference. For further details and other pricing options, visit http://www.healthresourcesonline.com/edu/mip.htm.
Address: Health Resources Publishing, 1913 Atlantic Ave., Suite F4, Manasquan, NJ 08736; (732) 292-1100, www.healthresourcesonline.com