Pennsylvania Rural Hospital Financing Model Announced In CMS/State Collaboration
On January 12, 2017, the Centers for Medicare & Medicaid Services (CMS) and the Commonwealth of Pennsylvania announced the formation of the Pennsylvania Rural Health Model. This program will allow rural hospitals to transition from a fee-for-service reimbursement system based on volume to a multi-payer global budget payment method. This program is intended to improve population health outcomes and quality of care while lowering costs. The performance period for the Pennsylvania Rural Health Model began on January 13, 2017, and will conclude on December 31, 2024.
The program was announced in the "Centers For Medicare & Medicaid . . .