Sequester would cost SNFs more than $782 million, hit Florida especially hard, report asserts
By
McKnight's Staff
Feb 28, 2013
Skilled nursing facilities in highly populated states on the East Coast and in the Midwest would be hit hardest by Medicare cuts if sequestration takes effect, according to figures released by the Alliance...
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.
CMS: Four provider responsibilities when residents want an expedited appeal of Medicare service terminations
By
McKnight's Staff
May 29, 2013
The Centers for Medicare & Medicaid Services specified four provider responsibilities for expedited review of Medicare service terminations in a recent claims manual update.
Automatic 2% Medicare cuts begin
By
McKnight's Staff
Apr 02, 2013
The 2% reduction in Medicare payments known as sequestration began Monday. Providers should begin to see the impact by mid-April. The reductions will affect claims with dates of service or discharge on...
Medicare auditors becoming more active, denying more claims, survey shows
By
McKnight's Staff
Aug 29, 2012
Requests for medical records by Medicare’s fraud-detecting recovery audit contractors (RACs) jumped sharply from the first- to the second-quarter of fiscal year 2012, a new survey reveals.
RAC audits: Skilled nursing facilities accounted for miniscule portion of 2011 Medicare overpayments
By
McKnight's Staff
Feb 07, 2013
Skilled nursing facilities accounted for only about $200,000 of $797 million in collected Medicare overpayments in 2011 identified by Recovery Audit Contractors, according to an annual audit report released...
TODAY’S THE DAY: McKnight’s Online Expo kicks off with session on MDS 3.0 as lawmakers reintroduce...
By
McKnight's Staff
Mar 20, 2013
Representatives Sam Graves (R-MO) and Adam Schiff (D-CA) recently reintroduced a bill to ease audit burdens on long-term care providers. Initially put forward in Oct. 2012, the Medicare Audit Improvement...
SNF margins cut in half, Alliance report says
By
McKnight's Staff
May 31, 2013
With income margins decimated by Medicare and Medicaid cuts and access to capital strangled, skilled nursing facilities will be unable to care for the nation’s booming senior population unless changes...