November 4, 2024- Premier stated on November 1, 2024 that the company is “profoundly disappointed that the Centers for Medicare & Medicaid Services’ (CMS) latest updates to the calendar year (CY) 2025 payment rules will further widen the gap between Medicare reimbursements and the actual operational costs healthcare providers shoulder daily. Providers are grappling with rising inflation, labor shortages and the demands of an aging population—challenges CMS fails to adequately address. This update misses the mark, failing to recognize the real cost pressures providers face—particularly labor. It’s time CMS adopted more realistic methodologies and data sources to keep up with these escalating challenges.
If CMS continues to implement payment updates of this nature, the future of American healthcare will be jeopardized,” according to a press release from Premier.
Learn More & Read Premier’s press release here.