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 AHA Jan. 20 made recommendations to Congress on modernizing the Medicare Access and CHIP Reauthorization Act. Among the proposals, the AHA recommended…
Headline
The comment period for the Centers for Medicare & Medicaid Services' proposed rule for policies governing the Medicare Advantage and Part D programs for…
Headline
The Medicare Payment Advisory Commission Jan. 15 voted to recommend that Congress update Medicare payment rates for hospital inpatient and outpatient services…
Headline
UnitedHealth Group announced Jan. 14 that it launched a six-month pilot program to reduce Medicare Advantage payment processing times by half for rural…
Headline
A Senate Judiciary Committee report released Jan. 12 found that UnitedHealth Group used “aggressive strategies” to maximize its Medicare Advantage risk-…
Headline
The Centers for Medicare & Medicaid Services has released a request for information seeking input on replacing its Medicare claims processing system with a…