Centers for Medicare and Medicaid Services adjusts payment policies for inpatient rehab, skilled nursing and hospice

“The Centers for Medicare and Medicaid Services announced a number of payment and policy changes last week, addressing Medicare inpatient rehabilitation facilities, hospice benefit and skilled nursing facilities.

CMS is updating the inpatient rehab facilities prospective payment system payments for fiscal year 2017 to reflect an estimated 1.65 percent increase factor. That’s based on an IRF-specific market basket estimate of 2.7 percent, reduced by a 0.3 percent multi-factor productivity adjustment, and a 0.75 percentage point reduction, which is required by law…” Read full article.