On April 10, 2024, the Centers for Medicare & Medicaid Services (CMS) released the Fiscal Year 2025 Medicare Hospital Inpatient Prospective Payment System (IPPS) and Long-term Care Hospital Prospective Payment System (LTCH PPS) proposed rule. The rule proposes a net increase of payment system rates of 2.6% as compared to 2024 for hospitals participating successfully in relevant quality programs. Details regarding the proposed rule can be found in a CMS published Fact Sheet. Comments for this rule are due June 10, 2024, with a final rule anticipated later this summer. Academy staff is currently reviewing the rule and assessing whether the Academy will submit comments. Questions regarding this proposed rule can be directed to healthpolicy@aapmr.org.