Late Friday, CMS posted payment updates for skilled nursing and inpatient rehabilition facilities' prospective patient systems for fiscal year 2011. According to the updates, nursing homes will see a 1.7% boost in their market basket rate. Inpatient rehabilition facilities will see a 2.5% increase.
The increase for nursing homes was actually set at 2.3%, but an automatic "click down" of 0.6% was enacted because overpayments were made at that rate in fiscal year 2009. The net nationwide gain in Medicare payments to SNFs in fiscal year will be $542 million.
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