2016/17 SNF Medicare PPS Rates Posted

Carl J. Pucci in Finance & Reimbursement

As announced in NYSHFA member mailing of August 1, 2016, CMS has issued the 2017 SNF PPS Final Rule.  The regional Medicare PPS rates have been calculated and are now posted on the NYSHFA website.  The rates, effective 10/1/16, are found in the “What’s New” section on the home page, as well as archived in the “Reimbursement/Medicare” section under the Facilities Resources” header (link attached).

Nationally, the average increase in the 2016/17 rates over the 2015/16 rates is approximately 2.4%, but will vary depending on each regions’ final wage index.

Members are reminded to carefully review the Value-Based Purchasing (VBP) criteria, as well as the Quality Reporting Program (QRP) measures both of which are outlined in the 8/1/16 member mailing link above.

NYSHFA CONTACT:

Carl J. Pucci
Director, Finance & Reimbursement
518-462-4800 x36