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Care Centers: Give Notice of Upcoming Rate Increase to Private Pay Residents
On May 25, 2023 by Jeff Bostic
As part of a care center financial relief package approved at the end of the legislative session, a Value-Based Reimbursement (VBR) rate add-on of $12.35 per resident day was enacted. This rate add-on is effective starting July 1, 2023, and ends on Dec. 31, 2024. The rate add-on is not restricted to any particular use, so it will allow providers to address some of the impacts that inflation has had in various areas over the last couple of years.
Potential Funds Available for Private Pay Assisted Living
On July 28, 2020 by Jeff Bostic
Relief funds for private-pay assisted living providers are under consideration by the U.S. Department of Health & Human Services.
Now Posted: Care Center Rate Notices
On November 28, 2018 by Jeff Bostic
The fourth set of annual rates to be calculated using the new Value-Based Reimbursement (VBR) system will take effect on Jan. 1, 2019. The rates are now posted to the DHS Nursing Facility Provider Portal.