Inpatient Psychiatric Facilities To Receive $100 Million Medicare Raise Next Year

Modern Healthcare (7/28, Dickson, Subscription Publication) reports inpatient psychiatric facilities will see a 2.2 percent increase in Medicare reimbursement, a “$100 million raise” that exceeds the 1.5 percent or $80 million increase they received this year. According the most recent federal data available, Medicare payments to inpatient psychiatric facilities were estimated to be $4.4 billion in 2012, up from $3.9 billion in 2008. Facilities should expect an increase in Medicaid payments in 2017 “now that a 50-year ban on mental health institutions was successfully repealed earlier this year.”

Related Links:

— “Psych facilities get $100 million Medicare raise next year,” Virgil Dickson, Modern Healthcare, July 28, 2016.

Posted in In The News.