CMS Proposes Medicare Cuts to Skilled Nursing Facilities￼
April 11, 2022
The Centers for Medicare and Medicaid Services released a proposed rule for the Skilled Nursing Facility Prospective Payment System for FY 2023 and proposed cutting Medicare payments by $320 million. Industry leaders warned cuts could deepen the sector’s economic crisis.
Many nursing homes already face imminent closure, and this Medicare cut could force more seniors across the country to relocate and find alternative care farther away from family and loved ones.”Mark Parkinson, President and CEO of AHCA