On June 15, 2021, the Medicare Payment Advisory Commission (MedPAC) released one of their two annual Reports to Congress.[1],[2] The report includes recommendations to revise Medicare Advantage (MA) benchmark policy, streamline the portfolio of alternative payment models (APMs), replace the existing skilled nursing facility value-based purchasing program, revise indirect medical education (IME) payments, and improve [...] Read More
On April 8th, 2021, the Centers for Medicare & Medicaid Services (CMS) released a fact sheet and unpublished proposed rule, Prospective Payment System and Consolidated Billing for Skilled Nursing Facilities; Updates to the Quality Reporting Program and Value-Based Purchasing Program for Federal Fiscal Year 2022, which updates payment rates and policies for these facilities: Increase [...] Read More
On April 19, 2019, the Centers for Medicare and Medicaid Services (CMS) released the proposed rule for FY 2020 payment and quality program updates for skilled nursing facilities (SNFs). CMS estimates that Medicare payment to SNFs will increase by $887 million in FY 2020. The market basket update is to increase by 2.5 percent. SNFs [...] Read More