tci Medicare Compliance & Reimbursement - 2006 Issue 31
INDUSTRY NOTES: Nursing Home Payments Set To Increase In 2007
Plus: Medically unlikely edits are back.The annual update notice of new payment rates for skilled nursing facilities will increase next year.Medicare payments to nursing homes will increase by approximately $560 million in 2007, CMS announced. This is a 3.1 percent increase that accompanies plans to:1. Develop an integrated system of post-acute care payment and to make payments for similar services consistent regardless of where the service is delivered; 2. Encourage the increased use of health information technology to improve both quality and efficiency in delivering post-acute care; 3. Assist beneficiaries in their need to be...
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