CMS Releases FY 2024 SNF Proposed Payment Rule
The Centers for Medicare & Medicaid Services (CMS) on Tuesday issued the proposed rule for the skilled nursing facility (SNF) prospective payment system (PPS) fiscal year (FY) 2024 update.
Highlights from the proposed rule include:
- The proposed rule provides for a net market basket increase for SNFs of 3.7 percent (approximately $1.2 billion) beginning October 1, 2023.
- The proposed rule did not include minimum staffing requirements.
- Proposed changes to § 488.436(a) Civil Money Penalties (CMP) would allow facilities to receive by default the 35 percent penalty reduction when the facility has not appealed within the 60-day timeframe.
The minimum staffing requirements were anticipated to be included in the rule but ultimately were not. The proposed rule stated the requirements will be a Spring 2023 release. At this time it is unknown if the minimum staffing requirements will be issued as an additional NPRM and follow such a schedule or if they will be in the form of an additional regulatory vehicle entirely. WHCA/WiCAL will provide updates as they become available.
AHCA has reviewed the proposed rule and developed a summary outlining key provisions and impacts on members. Please note this is for members only and requires an AHCA/NCAL log-in to view.
AHCA CEO Mark Parkinson and team will review key details of the proposed rule during a member webinar this Friday, April 7 at 2 PM Eastern. Registration is required. It will be recorded and available for those who are unable to attend.
Email educate@ahca.org if you need assistance with registering.
