tci Medicare Compliance & Reimbursement - 2003 Issue 33

Long-Term Care: SNFs Win Two Inflation-Related Raises In Medicare Rates

Learn the details to secure your fair share.There's no time like the present for skilled nursing facilities to fine-tune their processes for filing Medicare claims. Once Oct. 1 rolls around, new inflation-adjusted rates for Medicare's prospective payment system will kick in for skilled nursing facilities, and they could make a big difference to SNFs' bottom line. Taken together, the two inflation-related increases outlined in a final rule published in the Aug. 4 Federal Register promise to bring SNFs an additional $850 million in funding in the coming fiscal year, according to estimates from the Centers for Medicare &...

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