Medicare updates payment rates for inpatient psychiatric facilities for fiscal year 2027

The Centers for Medicare & Medicaid Services (CMS) has issued a final rule that changes how it pays inpatient psychiatric facilities. This includes standalone psychiatric hospitals and specific psychiatric units within larger acute care or critical access hospitals.

Why it matters: This is a routine administrative update that adjusts reimbursement levels for psychiatric care to account for changes in labor costs and service expenses.

Who it affects

• Inpatient psychiatric hospitals

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This information comes from the Centers for Medicare & Medicaid Services via the Federal Register; readers should consult the official document before making financial or compliance decisions.

Agency: Health and Human Services Department, Centers for Medicare & Medicaid Services
Source: Federal Register — read the official document