McKnight's December 11, 2023
A Congressional advisory group appears ready to recommend a 3% Medicare pay cut for nursing homes in 2025.
In what has become an annual tradition, members of the Medicare Payment Advisory Commission voiced ongoing concerns Friday about the use of Medicare Fee for Service reimbursement to effectively subsidize Medicaid rates and Medicare Advantage payments.
With official data indicating that patients still have plenty of access to care, panel staff recommended MedPAC tell Congress that it should pursue a cut to skilled nursing payments with the publication of the 2025 Medicare SNF Prospective Payment Schedule.
Skilled nursing operators reported an 18.4% profit margin on the traditional Medicare side in 2022, with a projected drop to 16% by 2024. Principal Policy...
Today's Sponsors
Today's Sponsor