The skilled nursing industry was elated by the Centers for Medicare and Medicaid Services (CMS) proposed Skilled Nursing Facility Prospective Payment System (SNF PPS) proposed rule, which included a 2.8% pay bump for FY 2026 and some other breaks that could reduce SNF costs.
The rate hike falls far short of the 4.2% raise that SNFs...
The Centers for Medicare & Medicaid Services (CMS) issued a final rule on July 31, 2024, for the fiscal year 2025 skilled nursing facility prospective payment system. This rule will bump nursing homes Medicare Part A pay rate by 4.2%, amounting to an additional $1.4 billion compared to FY 2024.
This final rule also changes CMS’...
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...CMS Rules
On Monday, the Centers for Medicare and Medicaid Services (CMS) filed the Fiscal Year 2023 Skilled Nursing Facility (SNF) Prospective Payment System (PPS) Proposed Rule. The reimbursements include a 3.9% increase to industry reimbursements, but in aggregate the impact of payment policies would result in a decrease of $320 million in...