Skilled Nursing News August 29, 2024
Nursing homes may incur an additional $25 million in fees annually and $164,9000 in annual administrative costs to federal and state agencies as a result of expanded enforcement policies for civil monetary penalties included in the finalized Skilled Nursing Facility Prospective Payment System (SNF PPS).
Meanwhile, value-based purchasing updates are expected to result in an estimated reduction of $187.69 million in aggregate payments to facilities in 2025, CliftonLarsonAllen (CLA) said in a regulatory update. Data collection modifications to the quality reporting program (QRP) is estimated to cost $2 million annually to SNFs beginning with the 2027 QRP, CLA added.
While several policy changes in the SNF VBP program were finalized, no new measures or measure set adjustments were made in...