The independent agency that advises Congress on Medicare payment matters has recommended modest increases in Medicare payments for hospital inpatient and outpatient services in FY 2018.

The Medicare Payment Advisory Commission voted in support of a market basket increase of approximately 1.85 percent for Medicare outpatient and inpatient services in FY 2018.

MedPAC also voted to recommend a 0.5 percent increase in payments to physicians but no increase for ambulatory surgery centers.

MedPAC will formally submit its recommendations to Congress in March.

Learn more about these and other MedPAC recommendations for changes in Medicare provider reimbursement in this article on the Provider web site.