In a surprising turn of events, the Centers for Medicare and Medicaid Services issued the FY 2023 Skilled Nursing Facility Prospective Payment System (SNF PPS) Final Rule which contains a 2.7% increase in Medicare rates to nursing homes. When the proposed payment rule was published in April, the agency had proposed cutting Medicare Part...Arizona News
Thanks to the vaccine, COVID-19 cases in nursing homes have plummeted by 90%. Now, long-term and post-acute care providers are grappling with how to roll back visitor restrictions and recover from the financial devastation of the pandemic.
Last week, CMS updated its guidance for nursing homes, encouraging them to allow indoor,...Arizona News
Starting Oct. 1 therapy payments to nursing facilities will shift to a value-based model, emphasizing patient needs over the amount of services provided. The Patient Driven Payment Model (PDPM), a more individualized approach, aims to reduce inflated billing by basing payments on patient's medical characteristics.
The new approach...National News
Annual prospective pay rules are good news for skilled nursing facilities, hospices, inpatient psychiatric facilities and inpatient rehab facilities.
As well as increases in rates of payments, the Centers for Medicare and Medicaid Services proposes reductions in a variety of regulatory burdens. A listing of proposed changes can be...
