CMS Proposes Increasing Medicare Payments by 1.6% for Inpatient Psychiatric Hospitals

CMS on Friday issued a proposed rule that would increase Medicare reimbursements for inpatient psychiatric facilities by 1.6% in fiscal year 2016. Under the proposed rule, Medicare in FY 2016 would spend $80 million more on psychiatric facilities than in FY 2015. The increase is smaller than the 2.5% increase the facilities received for the current year.

• "Psychiatric Hospitals To Get Modest Medicare Rate Bump" (Dickson, Modern Healthcare, 4/24).