tci Medicare Compliance & Reimbursement - 2005 Issue 33

LONG-TERM CARE: Providers Get Ready: New Pay System Starting Soon

Feds show no signs of slowing new PPS implementation.Long-term care providers should not let early assurances about "budget neutrality" give them a false sense of security about pending changes to Medicare reimbursement. Without careful long-term planning, the switch could derail care and cripple cash flow.Speaking at the most recent SNF/Long-Term Care Open Door Forum, federal officials assured listeners that they would move ahead swiftly to implement the prospective payment system refinements. The changes are spelled out in a final rule published Aug. 4 in the Federal Register. Some individuals and groups who commented on the proposed...

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