News related to "value based purchasing"

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CMS Posts Final Rule on Updated SNF Medicare Rates

On August 5, 2020 by Jeff Bostic

The Centers for Medicare & Medicaid Services (CMS) released the final version of the annual Skilled Nursing Facility (SNF) Payment Rule that updates rates for the second year of the Patient-Driven Payment Model (PDPM) which starts on Oct. 1. The Oct. 1 rates include an inflation update of 2.2% based on a formula in existing law.  

CMS to Publish Corrected FY2020 SNF VBP Reports and Host Aug. 27 Call

On August 28, 2019 by Jeff Bostic

The Centers for Medicare & Medicare Services (CMS) notified Skilled Nursing Facilities (SNF) on Aug. 22 that there was a calculation error in the FY2016 baseline period performance data that excluded certain SNF stays erroneously. CMS will be issuing corrected FY2020 Performance Score Reports no later than Aug. 31. 

Have an Hour Free on Thursday? Join CMS for its Nursing Facility Open Door Forum

On August 6, 2019 by Jonathan Lips

The Centers for Medicare & Medicaid Services (CMS) will share information on fiscal year 2020 skilled nursing facility payment policies during a Skilled Nursing Facilities (SNF)/Long Term Care Open Door Forum this Thursday, Aug. 8, at 1 p.m.  

Aug. 27 Call: Understand Your SNF VBP Program Performance Score Report

On August 6, 2019 by Jeff Bostic

Do you understand the Value-Based Purchasing Performance Score Card? Are you interested in results from payment year one? Join the Centers for Medicare & Medicaid Services (CMS) for a call on Tuesday, Aug. 27 from 12:30 p.m. to 2 p.m. for a high-level summary of the program and a review of the FY2019 program year.   

New Medicare Rates for SNFs, Value-Based Purchasing Adjustments Now In Effect

On October 2, 2018 by Jeff Bostic

As we reported in August, new Skilled Nursing Facilities (SNF) PPS rates took effect for the year that began on Monday, Oct. 1. In addition to the updated base rates, Oct. 1 is also the first year of implementation of Value-Based Purchasing. 

New Analysis on Proposed SNF Payment Rule

On May 9, 2018 by Jeff Bostic

As we covered in last week’s Advantage, the new proposed payment system from the Centers for Medicare & Medicaid Services for skilled nursing facilities will be the first year where Value-Based Purchasing (VBP) will be implemented. LeadingAge has prepared a detailed analysis of the proposed changes to the VBP program and the Quality Reporting Program. 

CMS Proposes New SNF Payment System

On May 2, 2018 by Jeff Bostic

The Centers for Medicare & Medicaid Services (CMS) last week issued a Proposed Rule that provides information about the Skilled Nursing Facility (SNF) payment rates for the year that starts on Oct. 1, 2018 as well as proposing an entirely new case mix payment system to take effect on Oct. 1, 2019.  CMS will follow up with a final rule on the Oct. 1 rates around Aug. 1. 

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