IRFs to See 4.0% Payment Rate Hike in FY 2024 Under Final Rule
- July 28, 2023
The Centers for Medicare & Medicaid Services (CMS) issued July 27 a final rule updating Medicare payment policies under the Inpatient Rehabilitation Facility (IRF) Prospective Payment System (PPS) for fiscal year (FY) 2024 that includes an overall payment increase of 4.0% (or $335 million) relative to payments in FY 2023.
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