The Maryland Cost Schedule (MCS) is a pricing system used by the State of Maryland to establish reimbursement rates for health care services provided by physicians, hospitals, laboratories, and other medical providers. The MCS is based on a provider’s actual costs to deliver services, rather than on the fees charged by the provider. There are three types of Maryland Cost Schedule: the Prospective Payment System (PPS), the Cost Based Reimbursement (CBR), and the Fee for Service (FFS). The PPS is a system that reimburses providers for services based on predetermined rates set by the state. The CBR is similar to the PPS, but it takes into account a provider’s actual costs in setting its reimbursement rates. The FFS pays providers based on their fees, rather than on predetermined rates.
The Maryland Cost Schedule (MCS) is a pricing system used by the State of Maryland to establish reimbursement rates for health care services provided by physicians, hospitals, laboratories, and other medical providers. The MCS is based on a provider’s actual costs to deliver services, rather than on the fees charged by the provider. There are three types of Maryland Cost Schedule: the Prospective Payment System (PPS), the Cost Based Reimbursement (CBR), and the Fee for Service (FFS). The PPS is a system that reimburses providers for services based on predetermined rates set by the state. The CBR is similar to the PPS, but it takes into account a provider’s actual costs in setting its reimbursement rates. The FFS pays providers based on their fees, rather than on predetermined rates.
