Skilled nursing facilities (SNFs) will likely breathe a sigh of relief when fiscal year (FY) 2013 arrives. Provider learned today that instead of a hit in reimbursement, SNFs will get a boost in the form of a prospective payment system (PPS) market basket update of approximately 1.8 percent for FY 2013.
According to sources at the Centers for Medicare & Medicaid Services (CMS), the agency will not issue a SNF PPS proposed rule this year, rather, only a notice. This is good news for the sector because it indicates that CMS is planning no policy changes that would require a proposed rule.
Data provided by Global Insights show a SNF market basket projection of approximately 2.6 percent. This figure will be updated by Global later in the year. The market basket will be adjusted by the statutory productivity factor, which is projected to be the 0.8 percent figure just assigned to hospitals. The overall result is a net market basket update of 1.8 percent.
Official word of the notice from CMS is expected in late July, sources tell Provider.
“This development is encouraging after such a volatile rule last year,” said Gov. Mark Parkinson, president and chief executive officer of the American Health Care Association. “Now we can dedicate more attention to providing solutions to Congress on how to reduce costs and meet the goals of our Quality Initiative and continuing our mission of improving the lives of the residents in our facilities.”
In related CMS news, Jeannette Kranacs has been named permanent director of the Division of Institutional Post Acute Care (DIPC) in the Chronic Care Policy Group. She replaces longtime staffer, Sheila Lambowitz.
Kranacs has been with the federal government for 19 years, working at the Census Bureau, Environmental Protection Agency, and CMS. She has worked in DIPC since 2002 as an analyst, team leader, and deputy director on fee-for-service policy issues.
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