On June 15, 2021, the Medicare Payment Advisory Commission (MedPAC) released one of their two annual Reports to Congress.[1],[2] The report includes recommendations to revise Medicare Advantage (MA) benchmark policy, streamline the portfolio of alternative payment models (APMs), replace the existing skilled nursing facility value-based purchasing program, revise indirect medical education (IME) payments, and improve [...] Read More
On April 8th, 2021, the Centers for Medicare & Medicaid Services (CMS) released a fact sheet and unpublished proposed rule, Prospective Payment System and Consolidated Billing for Skilled Nursing Facilities; Updates to the Quality Reporting Program and Value-Based Purchasing Program for Federal Fiscal Year 2022, which updates payment rates and policies for these facilities: Increase [...] Read More
On the evening of April 10th, the Centers for Medicare and Medicaid Services released three proposed rules. These rules include proposals related to payment, quality reporting, and other areas for skilled nursing facilities (SNFs), inpatient psychiatric facilities, and hospices. Comments on the proposed rules are due on June 9, 2020. Total Payments to SNFs to [...] Read More
Tweet On July 30, 2019, the Centers for Medicare & Medicaid Services (CMS) released their Skilled Nursing Facility (SNF) Final Rule for Fiscal Year 2020. Overall, CMS estimates that total payment to SNFs will increase by $851 million in FY 2020. Major finalized provisions within the rule include expansion of the window to complete an [...] Read More
On April 19, 2019, the Centers for Medicare and Medicaid Services (CMS) released the proposed rule for FY 2020 payment and quality program updates for skilled nursing facilities (SNFs). CMS estimates that Medicare payment to SNFs will increase by $887 million in FY 2020. The market basket update is to increase by 2.5 percent. SNFs [...] Read More
This evening, the Centers for Medicare and Medicaid Services (CMS) released proposed payment rules for four settings of care: hospices, inpatient rehabilitation facilities (IRF), skilled nursing facilities (SNF), and inpatient psychiatric facilities. Each rule contains payment updates for the prospective payment system for each type of facility as well as update to additional policies. All […]
Read MoreCMS Finalizes Payment Increases for SNFs and IRFs Both Seeing a 1% Bump, Advances Move from Volume to Value within SNF VBP Program On Monday, July 31, 2017 the Centers for Medicare and Medicaid Services (CMS) issued two final rules updating the following payment systems for federal fiscal year (FY) 2018: the Inpatient Rehabilitation Facility […]
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