September 18, 2020
CMS Says It Will Withdraw Medicaid Fiscal Accountability Proposed Rule
On Monday, CMS Administrator Seema Verma tweeted that the Agency plans to withdraw its Medicaid Fiscal Accountability Rule. According to the American Hospital Association, If the proposed rule would have been implemented, the Medicaid program could have faced funding reductions ranging between $37 – $49 billion annually. Hospitals were also projected to see Medicaid payment reductions of up to $31 billion annually, representing 12.8% to 16.9% of total hospital program payments.