Why Skilled Nursing Medicare Payments Will Be Lower Than Expected
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Providers that receive Medicare reimbursements for skilled nursing services will be seeing lower payment levels next year than the government initially proposed, due to updated economic data. For fiscal year 2016, total SNF payments will increase by an aggregate $430 million from 2015 levels, as opposed to the $500 million increase that the Centers for Medicare & Medicaid Services (CMS) floated in April. Read more…
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