The Centers for Medicare & Medicaid Services late yesterday issued a proposed rule for the inpatient psychiatric facility prospective payment system for fiscal year 2023.

CMS proposes to increase IPF payments by a net 2.7%, equivalent to $50 million, in FY 2023. The 2.7% payment update reflects a 3.1% market basket update minus a 0.4-percentage-point productivity adjustment, and maintains a 0.2-percentage-point adjustment for the outlier fixed dollar loss threshold amount. CMS also proposes to cap wage index decreases at 5% to mitigate instability in IPF PPS payments; and solicits comments on refinements to the adjustment model used to calculate IPF PPS payments.

CMS does not propose any changes to the IPF Quality Reporting Program, but does request feedback on how it can use measurement and stratification as tools to address health care disparities. CMS will accept comments on the rule through May 31.

Related News Articles

Headline
The Medicare Part A deductible for inpatient hospital services will increase by $60 in calendar year 2026 to $1,736, the Centers for Medicare & Medicaid…
Headline
The 43-day government shutdown ended last night when President Trump signed a funding bill into law, hours after the House passed the measure by a 222-209 vote…
Headline
A new report from KFF reveals that Medicare Advantage enrollees had access to just 48% of the physicians available to Traditional Medicare beneficiaries in…
Headline
The AHA Oct. 23 recommended changes to the Centers for Medicare & Medicaid Services’ Wasteful and Inappropriate Services Reduction model to address…
Headline
The Centers for Medicare & Medicaid Services has released an operational guide for Medicare-enrolled providers and suppliers on the Wasteful and…
Headline
A report by the Department of Health and Human Services Office of the Inspector General found that many Medicare Advantage and Medicaid managed care plans…