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Skilled nursing facility final payment rates updated to reflect impact of COVID-19

Skilled nursing facility final payment rates updated to reflect impact of COVID-19
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Nursing homes to get pay decrease in CMS proposed rule

The Centers for Medicare and Medicaid Services is proposing a decrease in skilled nursing facility payments by 4.6%, or $1.7 billion, in 2023 to achieve budget neutrality. As a result, there will be a decrease of approximately $320 million in Medicare Part A payments to SNFs in 2023, compared to 2022. ....

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