CQ (7/30, Reichard, Subscription Publication) reports that yesterday the Centers for Medicare and Medicaid Services announced a 2.3 percent increase in “Medicare payment rates to 481 freestanding inpatient psychiatric facilities and 1,143 psych units of acute care hospitals” for fiscal year 2014. CMS estimates an overall increase of $115 million in inpatient psychiatric care payments for the year starting October 1.
