Long-Term Care

$370 million increase for SNFs raises more than just pay rates

PPS Alert for Long-Term Care, August 11, 2017

It’s been said that Rome wasn’t built in a day, which is an archaic way of saying: Be patient, good things are coming. As the Centers for Medicare & Medicaid Services (CMS) navigate what some may consider to be healthcare’s own modern-day Roman empire -- a system undergoing serious revisions including how levels of care are monitored, the way reimbursement is divided, and the anything-but-straight-and-narrow shift from volume to value -- SNF providers are participating in history being made. On Monday, July 31, with the publication of a multi-faceted final rule, Rome’s grand plans just got a little grander -- but experts wonder if its tight budget will be enough to cover renovations. 

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