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CMS ADOPTS POLICY, PAYMENT RATE CHANGES FOR SERVICES IN HOSPITAL OUTPATIENT DEPARTMENTS

The Centers for Medicare & Medicaid Services (CMS) today announced that most hospitals will receive an inflation update of 2.1 percent in their payment rates for services furnished to Medicare beneficiaries in outpatient departments.
Press Release

OVERALL HEALTH CARE COST GROWTH PROJECTIONS SLOW FROM 2003 MEDICARE DRUG COVERAGE EXPECTED TO LOWER PRICES

The rate of health care spending in the United States is projected to grow 7.5 percent in 2004, down from the 7.7 percent growth experienced in 2003, according to a report issued today by the Centers for Medicare & Medicaid Services (CMS).
Press Release