Snf Final Rule 2024. Caralyn article / billing and reimbursement / nac / qapi and quality initiatives september 13, 2023. Cms releases faqs clarifying 2024 medicare advantage final rule.
Cms releases snf minimum staffing standards final rule; On april 4, 2023, the centers for medicare & medicaid services (cms) issued a proposed rule that would update medicare payment policies and rates for skilled nursing facilities under the skilled nursing facility prospective payment system (snf pps) for fiscal year (fy) 2024.
The Finalized Rule Includes The Following Key Changes:
The rule will increase payments by a net 4.0%, or $1.4 billion, in fy 2024 relative to fy 2023 levels.
The Nursing Home Minimum Staffing Rule Finalized Today Will Require All Nursing Homes That Receive Federal Funding Through Medicare And Medicaid To Have 3.48 Hours Per Resident Per Day Of Total.
The rule includes a finalized 4.0% payment increase for fy 2024, higher than what was initially proposed in april.
As Proposed In September, The Final Rule Will Require Nursing Homes To Provide A Minimum Of 3.48 Hours Of Nursing Care Per Resident Day, Including 0.55 Hours Of Care.
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The Wage Index Files Below Are Not Capped.
Changes to the snf quality reporting program (qrp)
It Includes A Net Increase Of 4%, Or Approximately $1.4 Billion, In Medicare Part A Payments.
Below is an overview of the fy 2024 snf prospective payment system (pps), including finalized changes and other relevant updates.