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CMS proposes 1.4% rate hike and quality measures for nursing facilities
Modern Healthcare

Skilled nursing facilities would get a 1.4% Medicare rate increase for fiscal year 2016 under a proposed rule issued by the CMS Wednesday. It would lead to $500 million in higher Medicare payments.

The proposed increase is down from the 2% bump, or additional $750 million, that SNFs received between fiscal 2014 and fiscal 2015. There are more than 15,000 SNFs that admit more than two million patients in the traditional Medicare program each year.