Skilled Nursing News April 7, 2023
The Centers for Medicare & Medicaid Services (CMS) recently finalized two Medicare Advantage rules, and the results will likely be positive for skilled nursing facility operators in 2024.
In a rule issued Wednesday, CMS finalized proposals that could decrease the number of Medicare Advantage beneficiaries being diverted from SNFs to home health.
That rule, combined with the MA rate increase that CMS finalized on March 31, are good news for SNFs overall, Fred Bentley, managing director with ATI Advisory, told Skilled Nursing News.
“It’s a 3.32% increase, which is okay — and it’s much better than what was in the advanced notice, which was about 1%,” he said. “So, if I’m a SNF, that means that my Medicare Advantage plans...
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