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
An analysis by KFF released last week found that in 2022, Medicare spent 27% ($2,585) more, on average, for individuals covered by Traditional Medicare after…
Headline
A House Dear Colleague letter calling on House leadership to address scheduled Medicaid Disproportionate Share Hospital payment cuts received signatures from…
Headline
The AHA Dec. 9 said it supports a potential Medicare $2 Drug List Model, where people enrolled in a Part D plan would have access to certain prescription drugs…
Headline
In comments Dec. 9 to the Medicare Payment Advisory Commission, the AHA shared its views on physician fee schedule payments, advanced alternative payment model…
Headline
The Centers for Medicare & Medicaid Services Nov. 26 proposed changes to the Medicare Advantage and prescription drug programs for contract year 2026.…
Headline
The AHA commented Nov. 26 on the Centers for Medicare & Medicaid Services’ hospital inpatient prospective payment system interim final action on revising…