Late Friday, CMS released an announcement that they will raise Medicare payments to nursing homes by 1.8 percent in fiscal year 2013. This will result in a cumulative $670 million pay hike that takes effect on October 1.
This is undoubtedly good news for those who were expecting either a freeze or reduction in the FY 2013 Prospective Payment System rates for skilled nursing homes.
Click here to read the notice.
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Since 1968, Professional Medical has been a dedicated supplier to the long-term care industry. Our education, resources and products are designed to make improving care easier!
Opinions and statements on this site are solely those of the individual author(s). They do not necessarily reflect the opinions of Professional Medical, Inc. or any of its affiliates. Links to other Internet sites should not be construed as an endorsement of the views contained therein.
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