CMS proposes changes to skilled nursing facility prospective payment system

Lincoln Wylie

(Picture by Kathrin Ziegler/Getty Photos)

The Centers for Medicare and Medicaid Companies has issued a proposed rule that would update Medicare payment procedures and costs for skilled nursing services underneath the Qualified Nursing Facility future payment procedure for fiscal yr 2022. 

The proposed rule also involves proposals for the SNF Good quality Reporting Plan and the SNF Value-Dependent Plan.

According to CMS estimates, the impact of the payment procedures in the proposed rule would final result in an maximize of about $444 million in Medicare Section A payments to SNFs in FY22. 

This estimate reflects a $445 million maximize from the update to the payment costs of one.three%, which is based on a 2.three% SNF market basket update, minus a .eight proportion position forecast mistake adjustment and a .2 proportion position multifactor productiveness adjustment, and a $one.2 million lessen thanks to the proposed reduction to the costs to account for

Read More