Archive for August, 2012

2013 Skilled Nursing Facility PPS Rates Announced By CMS

Wednesday, August 1st, 2012

CMS 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.

Access the announcement from CMS.