CMS Hikes Medicare Pay for Rehab, Psychiatric and Hospice Providers

CMS

Inpatient rehabilitation facilities, inpatient psychiatric facilities and hospice providers will see a boost in Medicare payment next fiscal year, Modern Healthcare reports. In regulations issued Wednesday, the Centers for Medicare and Medicaid Services finalized a 3.8% payment update for hospices, which amounts to an estimated $825 million increase from 2022. Inpatient rehabilitation providers will see an overall 3.2% update, about $275 million more, while inpatient psychiatric providers will get an overall 2.5% pay hike, according to an agency fact sheet. Read more.

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