Skilled nursing facilities will see $470 million in aggregate 2014 Medicare reimbursements, which is $30 million less than projected in a proposed rule, according to the Centers for Medicare & Medicaid...
CMS final rule: SNFs to receive $30 million less in Medicare payments than initially proposed
By
Tim Mullaney
Aug 02, 2013
A Medicare payment rate update will increase aggregate skilled nursing facility reimbursements by $470 million during fiscal year 2014, according to a final rule issued by the Centers for Medicare & Medicaid...
Government officials released good news about the long-term solvency of the Medicare program Friday. The projections were based in large measure on lower projected reimbursements for skilled nursing facilities.
Sequestration 2.0 likely to take another bite out of provider payments
By
John O'Connor
May 24, 2013
For many long-term care providers, dealing with funding cuts that began in March has amounted to making the best of a bad situation. Automatic sequestration cuts are trimming Medicare payments by 2%, while...
CMS updates SNF Medicare manual to implement sequestration cuts
By
McKnight's Staff
May 16, 2013
The Centers for Medicare & Medicaid Services has updated the online Medicare Provider Reimbursement Manual, modifying instructions related to the 2% reimbursement reductions resulting from sequestration.
Ducking the federal budget issue
By
Elizabeth Newman
May 02, 2013
The years of cuts to federal scientific grants has been a travesty, and I don’t use that word lightly. The often-mocked duck reproduction project is an example of putting a small amount of money...
Obama’s cuts draw hot provider rebuke
By
James M. Berklan
May 01, 2013
President Obama’s proposed budget is dead in the water as long-term care providers see it. They stand to lose $81 billion over 10 years if the measure is approved.
Sequestration equals starvation
By
Jacqueline Vance, RNC, CDONA/LTC
Apr 30, 2013
By now you’ve heard plenty about Medicare sequestration cuts. But you might not realize that some projects not only survived cuts, but they are getting money for projects while more important ones...
CMS changes nursing home inspections in response to sequestration cuts
By
McKnight's Staff
Apr 10, 2013
The Centers for Medicare & Medicaid Services will change some nursing home survey procedures in response to budget cuts from sequestration, according to memos released Tuesday. The CMS Survey & Certification...
Sequestration and Ryan plan seen as big fiscal challenges
By
John O'Connor
Apr 01, 2013
Last month, the skilled sector figured out sequester cuts would cost providers more than $782 million in payments. Then Paul Ryan broke out the meat cleaver.