The independent agency that advises Congress on Medicare payment issues has recommended a 3.25 percent increase in Medicare payments to hospitals for inpatient and outpatient services in FY 2015.

WheelchairThe Medicare Payment Advisory Commission (MedPAC) also recommended an increase of 5.25 percent if the two percent Medicare sequestration cut is still in effect when the new federal fiscal year begins.

While MedPAC’s recommendations are not binding, they are respected and often establish the parameters for future policy deliberations in both Congress and the administration.

Learn more about MedPAC’s hospital payment recommendations in this Becker’s Hospital Review article.