Monday, March 3, 2008

CMS Proposes Increase In Medicare Payments

Medicare payments to nursing homes would increase by approximately $690million in fiscal 2008 under new rates proposed today by the Centers forMedicare & Medicaid Services (CMS). This 3.3 percent increase wouldaffect payment rates to nursing facilities that furnish certain skillednursing and rehabilitation care to Medicare beneficiaries recoveringfrom serious health problems. The proposed rule for the skilled nursingfacility prospective payment system (SNF PPS) was placed on display atthe Federal Register today.

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