American Hospital Association March 28, 2024
The Centers for Medicare & Medicaid Services today issued a proposed rule for the inpatient psychiatric facility prospective payment system for fiscal year 2025.
CMS proposes to increase IPF payments by a net 2.6%, equivalent to $70 million, in FY 2025. The payment update is a reflection of a 2.7% increase based on a proposed 2021-based market-basket update of 3.1% minus a productivity adjustment of 0.42 percentage points; CMS also proposes to update the outlier threshold so that estimated outlier payments remain at 2.0% of total payments, resulting in a 0.1% decrease to aggregate payments. In this rule, CMS clarifies the eligibility criteria for filing all-inclusive cost reports and...
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