Volume XXXI, Number 8
CMS Releases FY 2017 SNF PPS Final Rule
On July 29, 2016, the Centers for Medicare and Medicaid Services (CMS) released the federal fiscal year 2017 (FY17) Skilled Nursing Facility Prospective Payment System (SNF PPS) final rule. According to a recent communication from the American Health Care Association (AHCA), based on changes contained within this final rule, CMS projects that aggregate payments in FY 2017 to SNFs will increase by $920 million, or 2.4 percent, from payments in FY 2016. The proposed rule indicated an estimated net market basket increase for SNFs of 2.1 percent or $800 million beginning October 1, 2016.
AHCA stated that it was pleased that CMS explored the Association’s inquiry on the calculations of the unadjusted per diem rates, and applauded the agency for taking the necessary steps toward ensuring accurate payments that directly benefit millions of elderly Americans in our centers.
AHCA/NCAL has reviewed the final rule and developed a detailed summary that can be found here. The summary focuses on the Association’s recommendations in key areas, including:
If you have any questions regarding the rule, please contact AHCA’s Mike Cheek or David Gifford.
Commitment to Care
State / THCA News
National / AHCA News
Attendee Registration Opens for 2016 THCA Annual Convention and Trade Show
Announcements & Recognition
THCA Associate Business Member News