CMS Proposes $9B Pay For 340B Hospitals, 16 Years Of 0.5% OPPS Cuts

By Michelle M. Stein / July 7, 2023 at 7:50 PM

CMS plans to repay 1,600 340B hospitals $9 billion to make up for cuts to 340B drug reimbursements the Supreme Court deemed unlawful, according to a proposed rule released Friday (July 7) -- but the agency also proposed an estimated 16 years of 0.5% cuts to the non-drug aspects of the hospital outpatient pay system starting in 2025 to keep the system budget neutral.


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