Hospital Cost Containment Act

[AI summary unavailable — showing source text] Hospital Cost Containment Act - Title I: Transitional Hospital Cost Constraint Provisions - States that it is the purpose of the program established by this title to constrain the rate of increases in total acute care hospital inpatient costs. States that a hospital's average reimbursement per admission for inpatient services and a hospital's average inpatient charges per admission, in the next four accounting years, shall not exceed the hospital's base reimbursement per admission for inpatient services, or the hospital's base inpatient charges per admission by more than the percentage allowed under this Act for each year. Sets forth formulas to be used in increasing or reducing such costs limitations to reflect changes in the cost of care and the number of admissions to a hospital in an accounting year. Permits the Secretary of Health, Education, and Welfare to grant an exemption from the limits established by this Act to a hospital: (1) which has increased its coverage of inpatient services; (2) which will receive less reimbursement in a particular year than that received in its base year; or (3) which has changed its capacity or the types or character of inpatient services avail…