Healthcare Alert

October 2010 - UPDATE

hch

div1
RUGS-IV PPS RATES
 
Effective October 1, 2010...
 
Included in the July 22, 2010 Federal Register are the 66 new RUGS-IV PPS rates.  Beginning on October 1, 2010, the use of MDS 3.0 will generate billing and payment at the new RUGS-IV categories and rates. Please click on the link below to access the RUGS-IV rates, wage index adjusted for the State of Rhode Island.
 
the "Medicare Rate Calculator FY2011" file now. 
 

Stay tuned...
 
Even though payment will be at the RUGS-IV rates, the Patient Protection and Affordable Care Act (the health care reform legislation), postponed all provisions of RUGS-IV, except for the changes related to concurrent therapy and the look-back period.  Consequently, CMS plans to develop a system that processes payments using "Hybrid" RUGS-III rates (HR-III), which will be less than the RUGS-IV rates.  CMS anticipates recouping the overpayments sometime in 2011.  The HR-III rates will be forth coming.
 
Please feel free to contact your LGC&D representative
 for more information.
div1
Lefkowitz, Garfinkel, Champi & DeRienzo P.C. 
Certified Public Accountants / Business Consultants
 
10 Weybosset Street   -   Suite 700   -   Providence, RI  02903
(p) 401.421.4800   -   (f) 401.421.0643   -   www.lgcd.com
mike c new
Michael Criscione    CPA
Audit Principal
pamcolor
Pamela Sawin 
CPA
Audit Principal
Visit our Web site at www.lgcd.com