Forecast Ledgerinterventional psychiatry and psychedelic medicineQuoted, dated predictions scored against public outcomes under one written method. Every score links to the words, the rule and the evidence.

False · Brier 0.49

Rules 1.1.0 · as of 14 Sep 2026

Quote

“Psychedelic medicines are likely going to need to follow a similar path to payment in the hospital setting.”
· We Made Inpatient Psychiatric Treatment Suck Less with this One Weird Trick · substack post

Same post, after arguing that the NTAP add-on payment finally gives psychiatric hospitals a financial route to adopt SAINT. The author states that psychedelic medicines will likely need to follow a similar payment path (add-on payments under bundled hospital payment) to be used in the hospital setting.

Intake

EventA proposition written from a template on the asset, with a resolution criterion and a named public source, before the outcome is looked up. The same event resolves every person's items on it. Method ›
Medicare new technology add-on payment for a psychedelic medicine
AreaOne of five topic classes: regulatory decisions, clinical trial outcomes, company and market outcomes, payer and policy, practice adoption. Every event has one area. Method ›
Payer and policy
DeadlineThe date by which the event must happen for the item to be true. It comes only from the person's words through the anchor table. Method ›
None stated · undated panelItems with no deadline in the person's words, scored on a uniform 24-month window from the statement date. Part of the headline panel since rules 1.1.0; also shown on its own. Method ›, 24-month window to 26 May 2026
Probability
0.70 LexiconThe fixed five-bin table that turns a phrase into a probability. The strongest phrase in the claim sentence decides; coders never read tone. Method › · binOne of five lexicon steps: A 'will' 0.90, B 'probably' 0.70, C 'may' 0.50, D 'unlikely' 0.30, E 'never' 0.10. A stated number goes to the nearest bin for calibration only. Method › B · “likely going to need to follow a similar path to payment in the hospital setting”
Base rateThe probability a published external study gives an event of that class and stage, fixed at intake. Halved when the item window is shorter than the class median time to decision. Never learned from the ledger's own items. Method ›
None in the table
Tags
retrospective
Coder BCohen's kappa: agreement between two coders beyond chance, from -1 to 1. Reported for admit, event, deadline, bin and asserts from the second-coder match test. Method ›
admittedA statement that passed intake: sincere, the person's own claim, forward-looking, inside the five areas, and not excluded by a reason code. Only admitted statements become items. Method › · event E-0018 · deadline none · bin B
Registry entry

CMS approves a Medicare new technology add-on payment (NTAP) for a psychedelic medicine (a psychedelic-class drug, or a therapy that administers one) in an inpatient prospective payment system final rule.

TRUE on the effective date (1 October of the fiscal year) of the Medicare inpatient prospective payment system (IPPS) final rule, published in the Federal Register by CMS, that approves a new technology add-on payment for a psychedelic-class drug (psilocybin, MDMA, LSD, DMT or a related compound) or for a therapy that administers one. An NTAP application, a proposed rule, a CPT code, an FDA approval, a Medicaid or commercial payer decision, or a payment for ketamine or esketamine does not count. Resolution source: the Federal Register, Medicare IPPS final rule, new technology add-on payment section. FALSE at the deadline when no such NTAP approval has been published.

Resolution source: Federal Register (Medicare IPPS final rule, new technology add-on payment section)

Readings: 'this' = the Medicare new technology add-on payment (NTAP) mechanism that the post describes for SAINT; the event is written on that mechanism, not on any payment model in general.; 'psychedelic medicine' = a psychedelic-class drug (psilocybin, MDMA, LSD, DMT and related compounds) or a therapy that administers one; ketamine and esketamine are not counted.; 'paid for' = approval of the add-on payment in a final rule; an application or a proposed rule is not payment.

How to read
The event, criterion and deadline were written at intake, before the outcome1 if the registry event happened on or before the item's deadline, 0 if it did not. Written by a resolver who never sees p. Method › was looked up. Coder B coded the statement independently.

Coder A

Resolution

State
False
Effective deadlineAn item enters the score only when its deadline has passed and the outcome is true or false. A claim already known true still waits for its deadline. Method ›
26 May 2026
Outcome1 if the registry event happened on or before the item's deadline, 0 if it did not. Written by a resolver who never sees p. Method ›
not occurred · checked through 13 Sep 2026
Resolver note
The IPPS final rules for FY2025 (published 2024-08-28), FY2026 (2025-08-04) and FY2027 (2026-08-04, effective 2026-10-01) approve no new technology add-on payment for a psychedelic-class drug or a therapy that administers one. Federal Register full-text searches of CMS rules published since 2024-07-01 for psilocybin, MDMA, midomafetamine, psychedelic, lysergide and COMP360 each return 0 documents. No psychedelic-class drug holds FDA approval as of 2026-09-13 (FDA Novel Drug Approvals 2026 lists none through 2026-09-11), and NTAP requires an FDA-authorized product. The SAINT device NTAP (FY2025) and any ketamine or esketamine payment are excluded by the criterion. Next possible qualifying event: the FY2028 IPPS final rule (about August 2027, effective 2027-10-01). Not occurred as of 2026-09-13.
BrierThe squared gap between a probability and the outcome, (p - o)^2. 0 is perfect, 0.25 is the constant coin flip, 1 is confidently wrong. Lower is better. Method ›
0.49 = (0.70 − 0)²
How to read
State at window close; the outcome comes from the registry, the score from the rule.

Registry

Receding horizon

Muir promised Medicare new technology add-on payment for a psychedelic medicine 2 times; it has not happened.

promised datehappened
202420252026202420252026TODAY2023-12-01: by 2025-12-01 · p 0.902024-05-26: by 2026-05-26 · p 0.70X SAID ON · Y PROMISED BY · DASHED: PROMISED = SAID · DOT AREA = P

Cluster E-0018

Timeline

1 claim against 22 events in the field.

saiddueevent
27 Jun 2024 · ICER: ICER final report: panel votes 14-1 that evidence is inadequate to show net healICER: ICER FINAL REPORT: PANEL VOTES 14-1 THAT EVIDENCE IS INADEQUATE TO SHOW NET HEAL23 Sep 2024 · DOL, HHS and Treasury: MHPAEA final rule published (released September 9): NQTL comparative-analysis an3 Dec 2024 · Department of Veterans Affairs: VA awards up to $1.5M over five years for its first VA-funded psychedelic study:9 Dec 2024 · CMS: CY2025 PFS final rule published; CMS keeps telehealth policies under its own aut17 Jan 2025 · ERISA Industry Committee (ERIC): ERIC sues in D.D.C. to vacate parts of the 2024 MHPAEA final rule as arbitrary, 15 May 2025 · DOL, HHS and Treasury: Departments announce they will not enforce the 2024 MHPAEA final rule's new requ11 Jun 2025 · Texas Governor Abbott: Governor signs SB 2308 committing $50M in state matching funds for a consortium 1 Oct 2025 · CMS / Congress: Medicare telehealth flexibilities lapse with the government shutdown; pre-pandem3 Nov 2025 · Department of Veterans Affairs: VA expands psychedelic research to nine VA facilities studying MDMA and psilocyb5 Nov 2025 · CMS: CY2026 PFS final rule published: in-person visit within 12 months required for t12 Nov 2025 · Congress / President Trump: H.R. 5371 signed, ending the shutdown and restoring Medicare telehealth flexibil24 Nov 2025 · Magnus Medical (SAINT): CMS OPPS final rule keeps 2026 hospital outpatient payment stable for SAINT neur4 Dec 2025 · Sens. Booker and Paul; Reps. Dean and Mace: Freedom to Heal Act introduced to require a DEA registration pathway for physici15 Jan 2026 · Texas HHSC: UTHealth Houston-led IMPACT consortium (UTMB, Dell Med, Baylor and others) named5 Feb 2026 · Congress / President Trump: FY2026 appropriations package signed, extending Medicare telehealth flexibilitie30 Mar 2026 · DOL, HHS and Treasury: In an ERIC v. DOL status report, the departments say they will no longer defend 31 Mar 2026 · Texas Lt. Gov. Patrick and Speaker Burrows: Texas announces it will fund the $50M ibogaine trials itself through in-state in30 Jun 2026 · Reps. Luttrell, Correa, Bergman and McCaul: IBOGAINE Act (H.R. 9559) introduced in the House to advance ibogaine research an13 Jul 2026 · VA, HHS and FDA: VA signs memoranda of understanding with HHS and FDA to expand psychedelic trial14 Jul 2026 · HRSA: HRSA issues a request for information on training and care-delivery models for s22 Jul 2026 · U.S. House of Representatives: House passes FY2027 NDAA amendments extending DoD psychedelic clinical trials th7 Aug 2026 · VA Secretary Doug Collins: Collins says ibogaine is the VA's next psychedelic research focus during a SeattMEDICARE NEW TECH…Medicare new technology add-on payment for a psychedelic medicine · stated 26 May 2024Medicare new technology add-on payment for a psychedelic medicine · restated 26 May 2024 · p 70%Medicare new technology add-on payment for a psychedelic medicine · miss 26 May 202670%TODAY20252026

Payer and policy