The federal government is proposing to give hospitals a 2.8% raise in their Medicare payments next year, which would result in more than $2.7 billion of additional funds for the hospital industry.
That increase would mean the average payment hospitals get for each discharged Medicare patient would rise to $16,143 in 2024, compared with $15,696 for this year, according to federal regulators. Of course, that number varies widely depending on each patient’s condition.