Medicare Finalizes SNF, IRF, IPF, and Hospice Payment Rules

CMS released final rules for Skilled Nursing Facilities (SNF), Inpatient Rehabilitation Facilities (IRF)Inpatient Psychiatric Facilities (IPF), and Hospices. Each rule updates Medicare payment and quality measurement policies for Fiscal Year (FY) 2023, which begins October 1. Average payments for rural SNFs, IRFs, IPFs, and hospices in FY 2023 are projected to increase by 2.5%, 3.1%, 2.9 %, and 3.8%, respectively, compared to FY 2022.