News Headlines Article

CMS to increase payment rates for inpatient psych facilities
Modern Healthcare

The CMS will increase Medicare payments to inpatient psychiatric facilities by 1.9% for fiscal 2013 beginning Oct. 1, for a total estimated increase of about $36 million, according to a notice from the CMS. The CMS arrived at that change by taking the Rehabilitation Psychiatric and Long-Term Care market basket rate of 2.7% and reducing it by 0.8% because of technical adjustments mandated by the Patient Protection and Affordable Care Act.