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CMS Issues Inpatient Psychiatric Facility Prospective Payment System Final Rule

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On July 27, the Centers for Medicare & Medicaid Services (CMS) issued the federal fiscal year (FFY) inpatient psychiatric facility (IPF) prospective payment system (PPS) final rule. CMS estimates that in FFY 2024, total payments to IPFs will increase by 2.3% ($70 million) compared with 2023. This is an increase from the 1.9% ($55 million)...

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