The Centers for Medicare & Medicaid Services has corrected several Medicare payment figures for inpatient psychiatric facilities after discovering an error in the wage data used to calculate fiscal year 2027 rates.
The correction, effective Oct. 1, 2026, makes relatively small changes to several payment amounts previously published in the July 31 final rule governing the Inpatient Psychiatric Facility Prospective Payment System, or IPF PPS. The official CMS correction notice makes clear that the agency isn’t changing the underlying payment policies or methodologies it previously adopted. Instead, CMS is correcting technical errors so the published rates accurately reflect those policies.
