Skip to content
Chris Cusimano Aug 2, 2024 11:43:35 AM 1 min read

CMS FFY 2025 Psychiatric Final Rule

On July 31, 2024, CMS released the FFY 2025 Inpatient Psychiatric Facilities (IPF) Prospective Payment System and Quality Reporting (IPFQR) Updates Final Rule (CMS-1806-F).

  • IPF PPS payments up 2.8% (3.3% market basket – 50 basis point productivity adjustment).
  • Outlier threshold set at 2% of total payments.
  • Electroconvulsive therapy (ECT) per treatment amount updated to $661.52 from $385.58.
  • Updates wage index and revises patient-level adjustment factors.
  • CMS clarifies criteria to be eligible for the all-inclusive cost report filing option.
  • Finalizes adoption of quality measure for 30-Day Risk-Standardized All-Cause Emergency Department Visit Following an Inpatient Psychiatric Discharge.
  • Patient-level measures reporting remains annual, NOT quarterly as was proposed.
  • Regression model cost and claims data factors updated from 2005 to 2019, 2020, and 2021 to determine IPF PPS payment adjustments.
  • 2% annual payment update reduction for not meeting quality reporting requirements.

This Final Rule CMS-1806-F is scheduled to be published August 7, 2024.
Here is a link to the version currently on display for public inspection:
Final Rule CMS-1806-F

Here is a link to the Fact Sheet from CMS that summarize the Final Rule:
Fact Seet CMS-1806-F