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CMS issues final rules outlining 2016 Medicare payment policies and rates
On July 31, 2015 the Centers for Medicare & Medicaid Services (CMS) issued a final rules to update fiscal year (FY) 2016 Medicare payment policies and rates.
The provisions implemented for FY 2016 are summarized below.
Inpatient Psychiatric Facilities Prospective Payment System – Update for Fiscal Year Beginning October 1, 2015 (FY 2016)
CMS Fact Sheet: http://cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2015-Fact-sheets-items/2015-07-31.html
The publication date is 08/05/15. The Effective date is 10/01/2015.
FY 2016 Hospice Wage Index and Payment Rate Update and Hospice Quality Reporting Requirements
CMS Fact Sheet: http://cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2015-Fact-sheets-items/2015-07-31-2.html
The publication date is 08/06/15. The Effective date is 10/01/2015.
Inpatient Rehabilitation Facility Prospective Payment System for Federal Fiscal Year 2016
CMS Fact Sheet: http://cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2015-Fact-sheets-items/2015-07-31-3.html
Hospital Inpatient Prospective Payment Systems for Acute Care Hospitals and the Long Term Care Hospital Prospective Payment System Policy Changes and Fiscal Year 2016 Rates; Revisions of Quality Reporting Requirements for Specific Providers, etc.
CMS Fact Sheet: http://cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2015-Fact-sheets-items/2015-07-31-4.html
The publish date is 08/17/15. The comments are due 09/29/15. The Effective date is 10/01/2015.
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