McKnight's March 29, 2024
The Centers for Medicare & Medicaid Services Thursday proposed a 4.1% pay increase for nursing homes in fiscal 2025 but declined to issue an update on its staffing minimum proposal as part of its annual payment rule proposal.
In addition, the agency has proposed an expanded Civil Monetary Penalty process that would allow “for more per instance and per day” to be imposed.
The proposal also includes changes in the Patient-Driven Payment Model ICD-10 Code Mappings and Value-Based Purchasing updates.
Top executives had been hoping for more than the “modest” Medicare pay hike from CMS this year.
“While we appreciate this proposed increase, this funding will not stem the tide for the billions of dollars that will be required by...
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