It looks like you have an older browser that is not supported by this site. Please click here to update.

Article Open to All

CMS Issues FY 2022 SNF Proposed Payment Rule

Posted Apr 9, 20211 min Read

Payment & Reimbursement

On April 8, 2021, the federal Centers for Medicare & Medicaid Services (CMS) issued the proposed rule for the skilled nursing facility (SNF) prospective payment system (PPS) fiscal year (FY) 2022 update.

The proposed rule includes a net market basket increase of 1.3 percent.  CMS estimates that the net market basket update would increase Medicare SNF payments by approximately $444 million in FY 2022.  The 1.3 percent net market basket is the result of statutorily-mandated adjustments.

Additionally, CMS discusses proposals to rebase and revise the Market Basket weights (a regularly scheduled update), solicits comments on possible adjustments/recalibration to the Patient-Driven Payment Model (PDPM), and solicits delete budget proposes a new Consolidated Billing exclusion.

The team at AHCA team has developed a summary of the proposed rule, which includes an overview of the payment updates, the SNF value-based purchasing (VBP) program, and the Improving Medicare Post-Acute Care Transformation (IMPACT) Act quality reporting additions.