McKnight's Long-Term Care News | Post-acute care & skilled nursing

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2.2% Medicare raise slated for nursing homes

Nursing home operators will receive an aggregate $750 million Medicare pay increase for fiscal year 2021 under a final rule announced Friday by the Centers for Medicare & Medicaid Services. It would amount to a 2.2% net increase starting Oct. 1, 2020, when fiscal year 2021 begins.

The Brighter Side

Quote of the Day

“But an adverse outcome could spell the end of seniors housing and care as we know them. You can bet many lawsuits are now being prepared, demanding massive payouts.”

John O’Connor, Editors’ Notes, August 3