On March 15, 2011, the Medicare Payment Advisory Commission (the “Commission”) issued its annual Medicare Payment Policy report (the “Report”) to Congress. The focus of the Report is the Commission’s recommendations for annual rate adjustments under Medicare’s fee-for-service (“FFS”) payment systems. The report includes payment policy recommendations for ten payment systems: inpatient hospitals, outpatient hospitals, physician and other health professional services, ambulatory surgical centers, outpatient dialysis, skilled nursing facility services, home health services, inpatient rehabilitation facility services, long-term care hospitals, and hospice. The Commission concluded that payment adequacy indicators were positive for ambulatory surgical centers, outpatient dialysis services, inpatient rehabilitation facility services, long term care hospitals, and hospice.   Click here for a copy of the entire Alert.