Article: Medicare announces new payment system for inpatient psychiatric facilities.

2004 NOV 29 - (NewsRx.com & NewsRx.net) -- The U.S. Centers for Medicare & Medicaid Services (CMS) announced a new Medicare prospective payment system (PPS) final rule for inpatient psychiatric facilities (IPFs) that will foster higher quality and more efficient care for Medicare beneficiaries with severe mental illnesses.

The new system, required by the Medicare, Medicaid, and SCHIP Balanced Budget Refinement Act of 1999 (BBRA), is designed to assure appropriate payment for services to Medicare beneficiaries suffering from mental illnesses, while providing incentives to facilities providing more efficient care of those beneficiaries.

The new system ...

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