Medicare Increases SNF Payment Rates
- By admin aapc
- In CMS
- August 6, 2008
- Comments Off on Medicare Increases SNF Payment Rates
Medicare payment rates to nursing homes will increase by $780 million next year, CMS announced July 31. The boost in payments is the result of a 3.4 percent increase in the annual market basket calculation of the cost of goods and services included in a skilled nursing facility (SNF) stay. A copy of the final rule is available on the CMS Web site.
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