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What is a New Technology Add-on Payment?

April 26, 2017add-on payment Technology

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What is a New Technology Add-on Payment?

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On October 1, 2001 The Centers for Medicare and Medicaid Services (CMS) established a mechanism to recognize the cost of new medical services and technologies under the hospital inpatient prospective payment system as a way of incorporating new services and technologies into the DRG system.