CMS Proposes $500M Payment Bump For Nursing Homes

Law360, New York (May 2, 2013, 8:21 PM EDT) -- Medicare expects to pay skilled nursing facilities about 1.4 percent more in fiscal year 2014, or about $500 million more total, the agency said Wednesday in a proposed rule setting payments to nursing homes and other facilities for 2014.

The Centers for Medicare & Medicaid Services on Wednesday released its proposal for the annual update in payment rates to skilled nursing facilities.

The increase is based on a rise in prices for certain skilled nursing goods and services covered by the program, which are calculated by...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.