Agency Finalizes Overall 4.0 Percent Increase in Payments for Skilled Nursing Facilities in FY 2024

Agency Finalizes Overall 4.0 Percent Increase in Payments for Skilled Nursing Facilities in FY 2024

The Centers for Medicare and Medicaid Services (CMS) released the fiscal year (FY) 2024 skilled nursing facility (SNF) prospective payment system (PPS) final rule (fact sheet). What it is. The final rule addresses payment rates and parity adjustment for SNFs for FY 2024, along with updates to the SNF Quality Reporting Program (QRP) and the SNF Value-Based Purchasing (VBP) Program,… (Colocho, July 31, 2023) #Health Equity, #Quality, #Skilled Nursing Facilities