Debi Damas

Medicare SNF rate to increase in FY 2015

Blog Post created by Debi Damas Support on Aug 1, 2014

Great news for skilled nursing facilities!  In an article in McKnights today, CMS announced that the final rule will provide for a 2% payment increase in FY2015, which starts October 1.  This is due to an increase in the market basket.  Read the article here:

 

Medicare SNF rate finalized, reimbursements to increase by $750 million next year - McKnight's Long Term Care News

 

If you want to read the entire rule (and who wouldn't ) you can access it here:

 

http://www.ofr.gov/(X(1)S(vp32o25ckyhpvspfpzx3owe4))/OFRUpload/OFRData/2014-18335_PI.pdf

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