CMS Issues FY 2023 SNF Final Payment Rule
CMS has issued the SNF Prospective Payment System (PPS) FY 2023 Final Rule. The final rule calls for a 2.7% net market basket increase for Medicare, effective 10/1/22. This approximates $904M nationwide.
The 2.7% net increase reflects a negative 2.3% PDPM parity adjustment (which is one-half of the final 4.6% PDPM parity adjustment authorized by CMS to maintain budget neutrality.) The remaining negative 2.3% parity adjustment will be delayed and implemented in FY 2024.
Attached is the AHCA final payment rule summary with further details including a link to the CMs Final Rule in its entirety.
NYSHFA/NYSCAL CONTACTS:
Carl J. Pucci
Chief Financial Officer
518-462-4800 x36
Posted in Finance & Reimbursement