CHA News Article

CMS Issues SNF Payment Update

The Centers for Medicare & Medicaid Services has issued a payment update notice for the skilled-nursing facility (SNF) prospective payment system (PPS) for fiscal year (FY) 2013. Overall, payments to SNFs will increase 1.8 percent for FY 2013, or approximately $670 million. The new rates will apply to services furnished to Medicare beneficiaries during FY 2013, beginning with discharges on or after Oct. 1, 2012. The SNF notice for FY 2013 also provides an update on activities to monitor the impact of FY 2012 policy changes on the SNF PPS. The notice, which will appear in the Aug. 2 Federal Register, is available at
http://www.gpo.gov/fdsys/pkg/FR-2012-08-02/pdf/2012-18719.pdf.

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