The 2025 Medicare Inpatient Prospective Payment System (IPPS) Final Rule, issued by the Centers for Medicare & Medicaid Services (CMS) on August 1, 2024, outlines significant updates that will impact hospitals, particularly in the domains of payment rates, quality reporting, and the adoption of new medical technologies. These updates are especially relevant for hospital administrators, medical billing and coding professionals, as they directly influence hospital reimbursement, reporting obligations, and compliance requirements.