Online resource packed with regulatory news and expert guidance, tips & tools pertinent to professionals across the post-acute care continuum.
Postacute care staff struggle to adopt health IT technology, according to a new study by Black Book Market Research. The study found that 90% of the 1,640 postacute care facilities surveyed lacked IT capabilities and preparation to successfully transition to value-based care in 2020. The study also found that: 14% of Skilled Nursing Facilities and […]
CMS announced on August 22 that it incorrectly calculated baseline performance rates for the SNF Value-Based Purchasing (VBP) initiative, according to a report from LeadingAge. The first results published in fall 2018 showed that 73% of SNFs lost money under VBP, and only 27% received money back from Medicare. However. these results are no longer […]
As expected, SNFs will receive a 1% increase in federal payments for FY 2018, roughly $370 million more than they received in FY 2017. Though the increase amount doesn’t come as a surprise with its original proposal being published back in April, it’s much lower than the $800 million that was proposed for SNFs last […]
On Thursday, April 27, the Centers for Medicare & Medicaid Services (CMS) released a proposed rule that increases Medicare payments to skilled nursing facilities (SNF) by $390 million in fiscal year 2018, a 1% pay raise. This number is lower than the previous year, which showed a 2.1% increase, or $800 million increase, last April. […]
During the Centers for Medicare & Medicaid Services’ (CMS) National Provider Call on Wednesday, March 15, the agency explained how skilled nursing facilities (SNF) can understand their confidential feedback reports provided to SNFs in late February containing data on their measure performance as part of the SNF Value-Based Purchasing (VBP) program, which will begin in […]