Tag: Payment rates
Convatec responds to CMS’s revised payment rate for skin substitutes
November 4, 2025HME News Staff
LONDON – Convatec says CMS’s revised payment rate for skin substitutes represents an estimated headwind of about 1% to 2% of Group revenue for 2026. That is unchanged from the company’s guidance from the first half of 2025. CMS announced Oct. 31 that it plans to pay $127.28 per sq cm for skin substitutes starting Jan. 1, 2026. Convatec makes InnovaMatrix, a placental-derived, FDA-cleared medical device...
CMS holds steady on Medicare Advantage
February 24, 2015HME News Staff
WASHINGTON - CMS has proposed a very small decrease in payments to Medicare Advantage plans for 2016, the agency announced Feb. 20.CMS says it wants to pay private insurers 0.95% less next year. When more intensive services are factored in, however, the agency says it expects overall payments to increase about 1.05%.“The proposed rates will enhance the stability of the Medicare Advantage program and minimize disruption to seniors and care providers,” stated Andy Slavitt, CMS Principal...