Medicare/CMSMedium ImpactReimbursement

2026-04-13 - Hospital Inpatient Prospective Payment System & Long-Term Care Hospital Prospective Payment System Proposed Rule: FY 2027

Published April 14, 2026Effective October 1, 2026

AI Summary

CMS proposed a 2.4% increase in Medicare inpatient hospital payment rates for FY 2027, effective October 1, 2026. The rule also proposes new prior authorization timelines for drugs: 24 hours for urgent requests and 72 hours for standard requests, with increased transparency requirements for claim denials.

Action Required

By October 1, 2026: Billing team should prepare for updated Medicare inpatient payment rates (2.4% increase). Monitor for final rule publication to confirm exact rate changes. For practices that prescribe drugs requiring prior authorization, prepare systems to track new timeline requirements (24 hours urgent, 72 hours standard) once finalized.

Plan Types

Traditional Medicare

Specialties

all-specialties