CMS NEWS: CMS issues final rules outlining 2016 Medicare payment policies and rates

FACT SHEET

FOR IMMEDIATE RELEASE

July 31, 2015                                                                                                                          

Contact: CMS Media Relations

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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 

The publication date is 08/06/15. The Effective date is 10/01/2015.

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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