Long-Term Care

CMS proposes a SNF rate increase for 2014

PPS Alert for Long-Term Care, July 1, 2013

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In May, CMS released a proposed rule concerning Medicare payment and policy changes for SNFs for fiscal year (FY) 2014. The proposed rule ­included a 1.4% increase (or $500 million) to the PPS system, which accounts for a 2.3% market basket increase, minus a 0.5% forecast error correction, and a 0.4% multifactor productivity adjustment outlined in the Affordable Care Act.

This is an excerpt from a member only article. To read the article in its entirety, please login or subscribe to PPS Alert for Long-Term Care.

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