Skilled nursing providers say they are pleased with the federal government's decision to raise Medicare payments by 1.8% in fiscal year 2013. The cumulative $670 million pay hike will take effect Oct. 1, the Centers for Medicare & Medicaid Services revealed in a notice late Friday.
Failure to keep up with the changes could be costly for providers, experts warned, so CMS released a memo to clarify a number of questions from skilled nursing facility operators.
Skilled nursing facilities are almost exclusively putting residents in individual therapy, a new report from the Centers for Medicare & Medicaid says.
Leading provider groups are sharply critical of a Medicare advisory committee's recommendation that the Centers for Medicare & Medicaid Services should massively overhaul the skilled nursing facility reimbursement system and rates.
While the changes to the new SNF PPS rule have been summarized as a simple number reflecting an overall revenue decrease of 11.1%, there are many details in the rulemaking that result in a disproportionate impact upon individual providers.
Two lobby groups representing the nation's for-profit nursing homes kicked off a nationwide ad campaign Monday aimed at preventing additional cuts to Medicare and Medicaid.
Administration proposes possible steep cuts for nursing home Medicare reimbursement, providers warn of 'dramatic impact'April 29, 2011
The Centers for Medicare & Medicaid Services late Thursday announced a rule that could cut certain Medicare reimbursements to skilled nursing facility operators by as much as 11.3% in fiscal 2012. Provider lobbyists immediately issued a statement warning such a move would create "dramatic impact on the lives of nursing home residents and patients."