CMS Reduces Payments to Skilled Nursing Facilities for FY 2012

On Friday July 29, 2011, the Centers for Medicare & Medicaid Services (CMS) announced a final rule establishing the Medicare skilled nursing facility Prospective payment System (SNF PPS) for fiscal year (FY) 2012 (the Final Rule). The updated FY 2012 SNF PPS results in a $3.87 billion, or 11.1 percent reduction, from the FY 2011 rates.

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