tci Medicare Compliance & Reimbursement - 2007 Issue 20

PHYSICIANS: Goods News--Medicare Proposes Higher SNF Payments

2008 proposed rule sets out to update the market basket.If your rehab services get paid on a skilled nursing facility prospective payment system (SNF PPS), Medicare plans to increase your payments in 2008. In an April 30 announcement, the Centers for Medicare & Medicaid Services (CMS) proposed a payment increase to nursing homes of approximately $690 million.This 3.3-percent increase would affect payment rates to nursing facilities that furnish certain skilled nursing and rehabilitation care to Medicare beneficiaries recovering from serious health problems, CMS said in a press release. Under Medicare's SNF PPS, each facility gets paid...

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