2013 Skilled Nursing Facility PPS Rates Announced By CMS
Wednesday, August 1st, 2012CMS Announces Skilled Nursing Facility PPS Rates for 2013
On July 27, 2012, the Centers for Medicare & Medicaid Services announced PPS increases for skilled nursing facilities for fiscal year 2013. Skilled nursing facilities will receive a 2.5% market basket update which will be reduced by a 0.7% productivity adjustment.
The rate incorporates adjustments for facility case mix. The RUG-IV case-mix classification system provides urban facilities with a 1.9% update and rural facilities with a 1.5% update.
A net Medicare prospective payment system increase of 1.8% ($670 million) will be provided to skilled nursing facilities in fiscal year 2013.