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News Breaks
March 25, 2014
10:06 EDTDVA, FMSMedicare urged by auditor to recalculate dialysis payments
An updated report released by the Health and Human Services Departmentís Inspector General recommended that the Centers for Medicare & Medicaid Services redetermine the basis of the end stage renal disease, or ESRD, base rate to reflect current trends in drug acquisition costs, as required by law; distinguish payments in the ESRD base rate between independent and hospital-based dialysis facilities; and consider updating the ESRD payment bundle using a factor that takes into account drug acquisition costs. "CMS did not explicitly state whether it concurred with our first recommendation, did not concur with our second recommendation, and concurred with our third recommendation," the report stated. DaVita (DVA) and Fresenius Medical (FMS) are publicly-traded companies that operate dialysis centers. Reference Link
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