CHA DataSuite has released hospital-specific analyses of the federal fiscal year (FFY) 2024 Medicare inpatient psychiatric facility prospective payment system proposed rule.
The analysis is intended to show providers how Medicare fee-for-service (FFS) payments would change from FFY 2023 to FFY 2024 based on the policies set forth in the proposed rule. A detailed summary of the proposed rule is available for CHA members. Comments on the proposed rule are due to the Centers for Medicare & Medicaid Services by June 5, and can be submitted electronically.
Changes modeled in this analysis include the market basket update, Affordable Care Act-mandated market basket adjustment, wage index budget neutrality (including all other budget neutrality), and wage index and labor share.
This analysis does not include impact estimates due to high-cost outliers, estimates for payments for Managed Care patients, or any modifications in FFS payments as a result of facility participation in new payment models being tested under Medicare demonstration/pilot programs. Dollar impacts in this analysis may differ from those provided by other organizations/associations due to differences in source data and analytic methods.
This content is restricted to members.