# Medicare Program; Inpatient Psychiatric Facilities Prospective Payment System Payment Update for Rate Year Beginning July 1, 2006 (RY 2007)
> **Centers for Medicare and Medicaid Services** · Final rule. · Published 2006-05-09 · Effective 2006-07-01 · 71 FR 27040
## Document
- **Document number:** 06-4202
- **Category:** medicare
- **Sub-agency:** Centers for Medicare and Medicaid Services
- **Federal Register citation:** 71 FR 27040
- **CFR reference:** 42 CFR 412
- **Publication date:** 2006-05-09
- **Effective date:** 2006-07-01
- **HHS docket:** CMS-1306-F
## Abstract

This final rule updates the prospective payment rates for Medicare inpatient hospital services provided by inpatient psychiatric facilities (IPFs). These changes are applicable to IPF discharges occurring during the rate year beginning July 1, 2006 through June 30, 2007. In addition, we are adopting the new Office of Management and Budget (OMB) labor market area definitions for the purpose of geographic classification and the wage index. We are also making revisions to existing policies and implementing new polices.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2006/05/09/06-4202/medicare-program-inpatient-psychiatric-facilities-prospective-payment-system-payment-update-for-rate)
---
*AI Analytics · CC0 1.0*