The Centers for Medicare & Medicaid (CMS) recently proposed a new rule requiring prospective payment hospitals in select metropolitan areas to participate in a new bundled payment initiative. Though this rule, as is, would only apply to hospitals that do knee and hip replacements in Snohomish, King, Pierce and Clark counties, the program could be implemented more broadly in the final rule or afterwards.
Read more about the proposal and what it means for Washington hospitals in Fiscal Watch. (Tim Pfarr)