McKnight's September 12, 2023
Nursing homes will see a higher-than-expected 4.0% increase in their Medicare Part A payments starting Oct. 1, thanks to a finalized Centers for Medicare & Medicaid Services rule published in August.
While the final 2024 SNF PPS pay rule includes 0.3% more than the originally proposed raise, major provider organizations said it would still be too little to offset increasing costs, especially those likely to blossom from an expected federal staffing minimum.
“The...
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