CMS Proposes Pay Increases For Hospices, SNFs, Psychiatric Facilities

CMS on Friday (April 10) proposed pay increases for skilled nursing facilities, hospices, and inpatient psychiatric facilities for fiscal 2021 . CMS is accepting comments from stakeholders through June 9. Skilled nursing facilities. CMS proposes a 2.3% increase in aggregate payments to skilled nursing facilities in fiscal 2021, as compared to fiscal 2020, with a .4% reduction for multifactor productivity adjustment. According to CMS, this means payments would increase by $784 million. CMS also proposes to adopt a new...