As of the time this edition ofHealth Headlines was sent to press, CMS has not yet released the hospital inpatient prospective payment system (IPPS) final rule for FY 2015. According to the common understanding of the statute, in order for the final rule to be effective at the beginning of FY 2015, it would have had to have been released on or before August 2, 2014, which is the date that is 60 days before October 1, 2014. Since enactment of the statutory 60-day requirement, CMS has never failed to publish the inpatient rule at least 60 days prior to October 1. At this time, we do not know what explanation CMS has for the delay in publishing the rule and whether CMS will contend that the rule will be effective October 1 notwithstanding its failure to publish the rule by August 2. We expect the rule to be released soon.