Staff Contact: Andrew Wheeler
CMS released the Medicare Inpatient Prospective Payment System and Long-Term Care Hospital Prospective Payment System final payment and policy updates for FY 2023. Major updates include the following.
- increasing the IPPS market basket from 2.7% as proposed to 3.8%
- decreasing the proposed DSH payment reductions of 7.82% as proposed to 3.08%
- continuing the low wage index policy
- finalizing the permanent cap on wage index reductions
- establishing a “Birthing-Friendly” hospital designation
- advancing health equity by adopting three health equity-focused measures in the IQR program
- increasing the LTCH market basket increase from 2.7% as proposed to 3.8%
MHA published an issue brief with additional information.