• CMS Proposes Regulations Implementing Prospective Payment System for Inpatient Psychiatric Facilities
  • December 31, 2003 | Author: R. Christopher Raphaely
  • Law Firm: Duane Morris LLP - Philadelphia Office
  • Since the early 1980s, inpatient psychiatric facilities (IPFs), such as psychiatric hospitals and distinct part psychiatric units within general hospitals, have been reimbursed under TEFRA cost-based reimbursement principles. On November 28, 2003, the Centers for Medicare and Medicaid Services (CMS) issued proposed regulations that would subject IPFs to a new prospective payment system for cost reporting periods beginning on and after April 1, 2004.