On August 1, 2023, CMS issued its final rule on the Hospital Inpatient Prospective Payment Systems (IPPS) and Long-Term Care Hospital PPS. The final rule increases IPPS payments by net 3.1% to hospitals that report quality data and have meaningful use of electronic health records. The rule also includes a cut in payments for disproportionate share hospitals and for implementation of new medical technology, and makes changes to reporting of quality measures and in the value-based programs. The rule is projected to be published in the Federal Register on August 28, 2023, and most provisions will go into effect on October 1, 2023.