CMS announced adjustments to fiscal year 2010 payment rates Friday that the agency said will help "better reflect the cost of caring for Medicare beneficiaries in nursing homes."
The final rule calls for Medicare payments to skilled nursing facilities to drop by $360 million, or 1.1% lower than payments for 2009. CMS said the adjustment is a way to "rebalance an earlier adjustment to the case-mix indexes (CMIs) and better align Medicare payments with costs."
"CMS is committed to providing high quality care to those in skilled nursing facilities and to paying those facilities properly for that care," said Acting CMS Administrator Charlene Frizzera. "The adjustments to the payment rates for next year reflect that policy."
In addition to recalibrating and updating the skilled nursing facility PPS payment rates for FY 2010, CMS noted that this final rule: