Market Basket Update
The Centers for Medicare & Medicaid Services has recommended increasing Medicare payments to skilled nursing facilities by $390 million in fiscal 2018.
The Centers for Medicare & Medicaid Services should consider a higher market basket update for nursing homes due to improper calculations that could be costing providers, the American Health Care Association maintains.
The Centers for Medicare & Medicaid Services should hold off on updating Medicare skilled nursing facility reimbursement rates due to potential problems in its calculation methods, the American Health Care Association stated Monday.
Total Medicare reimbursements to skilled nursing facilities would increase by $500 million in 2014 under the new payment rate proposed by the Centers for Medicare & Medicaid Services. The agency is also proposing a new Minimum Data Set item related to therapy.
Pushing for less drastic cuts to Medicare and Medicaid, more than 400 long-term care operators visited their lawmakers on Capitol Hill on Thursday as part of the American Health Care Association's annual Congressional Briefing.