CMS released the fiscal year (FY) 2020 IPPS final rule on August 2, increasing inpatient operating payment rates by 3.1%, significantly altering rural health payments, expediting opportunities to pay for new technologies, and updating CCs, MCCs, and MS-DRGs. These policy updates affect approximately 3,300 acute care hospitals and apply to discharges occurring on and after October 1.
While it is essential to receive continuing education on ICD-10-CM/PCS code selection, it is also important to stay current with payment system changes and industry news. What are the regulatory changes that will affect inpatient coders in fiscal year (FY) 2020?
According to the Fourth Universal Definition of Myocardial Infarction (2018), “The clinical definition of myocardial infarction denotes the presence of acute myocardial injury detected by abnormal cardiac biomarkers in the setting of evidence of acute myocardial ischemia.”
Since we have already covered an overview of the final rule and the updates to the ICD-10-CM/PCS code set, for this BCCS article, let’s take a look at some of the key financial updates that hospitals should be aware of.
