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Fiscal Year (FY) 2024 Skilled Nursing Facility Perspective Payment System Final Rule - CMS-1779-F

On July 31, 2023, the Centers for Medicare & Medicaid Services (CMS) issued a final rule that updates Medicare payment policies and rates for skilled nursing facilities under the Skilled Nursing Facility Prospective Payment System (SNF PPS) for fiscal year (FY) 2024. CMS estimates that the aggregate impact of the payment policies in this rule would result in a net increase of 4.0%. The final rule also includes updates to the SNF Quality Reporting Program (QRP) and the SNF Value-Based Purchasing (VBP) Program for FY 2024 and future years, including the adoption of a measure intended to address staff turnover.

For more information, please visit the CMS website.

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Rhonda Houchens, Director of Operations