Skilled Nursing News April 12, 2021
As the federal government’s approach toward nursing homes and COVID-19 continues to shift from emergency support to reflection and reform, analysts are increasingly warning that the coronavirus-era gravy train could soon come to an abrupt stop.
In particular, the past week has brought three pieces of news that may signal trouble ahead for operators and investors that banked on an indefinite round of support from Washington and state houses — with two coming from a single Centers for Medicare & Medicaid Services (CMS) proposed rule.
First up, CMS pitched a significantly smaller fiscal 2022 Medicare raise for nursing homes than it has in previous years. If finalized, the updated prospective payment system (PPS) for skilled nursing care would boost rates...
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