Skilled Nursing Facilities to Get 1.8% Payment Increase Starting Oct. 1

CMS has announced a 1.8 percent increase to the prospective payment system for Medicare-certified skilled nursing facilities beginning Oct. 1, the start of federal fiscal year 2013.

Advertisement

The final 1.8 percent PPS hike includes a market basket rate increase of 2.5 percent minus a 0.7 percent productivity cut required by the Patient Protection and Affordable Care Act.  

More Articles Related to CMS:

CMS Hosts Call on Rehab, Long-Term Quality Reporting Programs
CMS Dishes Out 18th CO-OP Loan
CMS Extends Inpatient, Outpatient Reporting Deadline for Certain Hospital Data

Advertisement

Next Up in Uncategorized

  • Below are the 17 hospital and health system CFO moves that Becker’s reported on in December: 1. 1. Perry Sham was…

  • Health systems across the U.S. saw notable changes in financial leadership in 2025, with new CFOs stepping into key roles…

Advertisement

Comments are closed.