This week, the Centers for Medicare & Medicaid Services (CMS) published a proposed update to the prospective payment rates, the outlier threshold, and the wage index for Medicare hospital services provided by Inpatient Psychiatric Facilities (IPF), which include psychiatric hospitals and certain psychiatric units at acute care hospitals and critical access hospitals. Compared to payments in 2022, total payments to IPFs are estimated to increase by 1.4 percent for urban facilities and 1.7 percent for rural facilities in FY 2023.
