tci Medicare Compliance & Reimbursement - 2004 Issue 2

Long-Term Care: HOW THE REVAMPED MEDICARE WILL IMPACT SNFs

President Bush has signed into law the largest Medicare overhaul in history - and it's time for skilled nursing facilities to prepare for the fallout. SNFs have won some tough battles: The Medicare Prescription Drug, Improvement and Modernization Act immediately renews a two-year moratorium on therapy caps and more than doubles the reimbursement rate for AIDS-related skilled care. But providers and their legal counsel still are wading through the hundreds of pages that spell out the Act's finer points. The consensus so far: Despite the magnitude of the historic legislation, it's not likely to rock nursing homes' world. "There's...

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