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Inpatient psychiatric facilities get an estimated 1.9% payment increase in 2024

Inpatient psychiatric facility payments are estimated to increase by 1.9%, or $55 million, in 2024 relative to 2023, in the Inpatient Psychiatric Facility Prospective Payment System proposed rule released by the Centers for Medicare and Medicaid Services on Tuesday. For 2024, CMS is proposing to update the payment rates by 3%, based on the proposed 2021-based Inpatient ....

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