Skilled Nursing News November 2, 2022
As therapy providers in the nursing home setting, among other health care workers, are expected to absorb a finalized 4.4% cut to the 2023 Physician Fee Schedule (PFS), those impacted aren’t so sure Congress will help offset the decrease like they’ve done in years past.
The Department of Health and Human Services (HHS) finalized the PFS final rule on Tuesday after proposing 4.5% to 5% in cuts in July to health care providers that fall under Medicare Part B. Overall payment rates decreased $1.55 to land at $33.06, according to CMS.
Therapy providers got some breathing room in 2021 when Congress approved supplemental funding to balance a 3% cut proposed by the Centers for Medicare & Medicaid Services (CMS) in...