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News

News related to "vbp"

Choose an article below to learn more about this topic.

CMS Releases Final SNF PPS Rule that Updates SNF Rates and Quality Measures

On August 3, 2023 by Jeff Bostic

Earlier this week, the Centers for Medicare and Medicaid Services (CMS) published the annual final rule that updates the Prospective Payment System (PPS) rates for care centers. The rule calls for an update in the rates starting Oct. 1 that averages 4%.

Without Addressing Staffing Mandate, CMS Updates SNF Rates in Proposed PPS Rule

On April 6, 2023 by Jeff Bostic

Earlier this week, the Centers for Medicare and Medicaid Services (CMS) published the annual proposed rule that updates the Prospective Payment System (PPS) rates for care centers. The rule calls for an update in the rates starting Oct. 1, which averages 3.7%.

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 Releases Results of Second Year of Value-Based Purchasing

On January 7, 2020 by Jeff Bostic

The Center for Medicare & Medicaid Services (CMS) released the results of the second year of implementation of Value-Based Purchasing (VBP) for skilled nursing settings. The results are a mixed review for Minnesota care centers.   

CMS Issues Minor Correction to SNF PPS Rates

On October 16, 2018 by Jeff Bostic

As we have previously reported, the updated Skilled Nursing Facility (SNF) PPS rates took effect for the year that began on Oct. 1. Since our last article, the Centers for Medicare & Medicaid Services (CMS) issued a correction to the rates that impacted the wage index for some regions. The only Minnesota regions affected by this correction are Duluth and Rochester, and both by only pennies a day. 

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