Friday, November 20, 2020

CMS: Medicare FFS improper payments down $15 billion since 2016

CMS: Medicare FFS improper payments down $15 billion since 2016
Health Leaders Media
Medicare fee-for-service (FFS) improper payments have declined by $15 billion since 2016, according to a report released by the Centers for Medicare & Medicaid Services (CMS) Monday. The Medicare FFS estimated improper payment rate fell to 6.27% in fiscal year (FY) 2020, down from 7.25% in FY 2019. Skilled nursing facility claims experienced a $1 billion reduction in improper payments last year as the result of a policy change and other regulatory efforts taken by CMS.
 

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