Skilled Nursing News June 6, 2023
The Centers for Medicare & Medicaid Services’ (CMS) comment period on the SNF proposed rule ended with only 74 comments posted from skilled nursing stakeholders Monday. For perspective, last year’s comment period garnered about 4,700 comments.
The drastic decline in comments reflects a sense of appeasement with the new rulings. Providers in 2022 faced a potential downward adjustment to rates by 4.6% to achieve budget neutrality.
This year, providers are generally pleased with the 3.7% rate increase to Medicare Part A, or approximately $1.2 billion for 2024. That said, it’s not enough to tackle rising costs in the coming year, nursing home advocates and associations have said.
The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) submitted...
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