On July 13, 2023, the Centers for Medicare & Medicaid Services released the Hospital Outpatient Prospective Payment System (OPPS) and Ambulatory Surgical Center (ASC) Payment System proposed rule. The rule details proposed payment and policy for outpatient and ASC services beginning January 1, 2024. Academy staff is reviewing the rule and will be preparing comments for submission to CMS by the September 11 deadline. The rule proposes an overall payment rate update of 2.8% for hospitals that meet quality reporting requirements. A fact sheet for the rule can be found on the CMS website. Members with questions about the OPPS and ASC proposed rule can contact Academy staff at healthpolicy@aapmr.org.