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HOPPS

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AcronymDefinition
HOPPSHospital Outpatient Prospective Payment System


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Full year 2007 revenue and Adjusted EBITDA are expected to be negatively impacted by approximately $14 million due to Medicare reimbursement reductions related to the Deficit Reduction Act of 2005 ("DRA") and the Medicare Part B HOPPS reimbursement rate reduction for PET and PET/CT imaging procedures which are effective for services furnished on or after January 1, 2007.
On November 1, 2006, the Centers for Medicare and Medicaid Services ("CMS") issued a final determination of Medicare Part B HOPPS reimbursement rates for PET and PET/CT imaging procedures.
The technical reimbursement under the Part B physician fee schedule generally allows for higher reimbursement than under HOPPS.
 
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