Breaking News: CMS to Increase Payments to Skilled Nursing Facilities in 2024
The Centers for Medicare & Medicaid Services (CMS) announced a significant increase in payments to skilled nursing facilities (SNFs). In what they describe as a “parity adjustment recalibration,” CMS will boost payments by 4% or approximately $1.4 billion, starting in fiscal year 2024. This substantial payment increase is in response to a $2.2 billion underpayment […]