The CMS FY 2025 Inpatient Prospective Payment System (IPPS) Final Rule introduces several significant updates for GME programs. These updates are significant for the GME program, as they provide new opportunities for expanding residency programs and securing funding. Effective October 1, 2024, the Final Rule focuses on distributing Medicare-funded GME residency slots, particularly in psychiatry, psychiatric subspecialties, underserved regions like Health Professional Shortage Areas (HPSAs), and rural hospitals.
One of the key provisions is the allocation of 200 new Medicare-funded residency slots under Section 4122 of the Consolidated Appropriations Act, 2023 (CAA). These slots are set to be distributed in FY 2026, with at least half designated for psychiatry or psychiatric subspecialty residencies. This focus on mental health aligns with CMS's commitment to addressing the growing shortage of healthcare professionals in this critical field. For GME program coordinators managing psychiatry or mental health residency programs, this presents an opportunity to secure vital funding and support program expansion.
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