CMS Proposes Payment Increases for Skilled Nursing Facilities and Inpatient Rehabilitation Facilities in 2024

The Centers for Medicare & Medicaid Services (CMS) has proposed a rule to update Medicare payment policies and rates for skilled nursing facilities under the Skilled Nursing Facility Prospective Payment System (SNF PPS) for fiscal year (FY) 2024. The proposed rule includes proposals for the SNF Quality Reporting Program (QRP) and the SNF Value-Based Purchasing (VBP) Program for FY 2024 and future years. CMS is also committed to proposing minimum staffing standards for nursing facilities later this spring. The proposed rule can be downloaded from the Federal Register.