R12174CP

Transmittal #
R12174CP
Issue Date
2023-08-03
Subject

Medicare Part A Skilled Nursing Facility (SNF) Prospective Payment System (PPS) Pricer Update Fiscal Year (FY) 2024

Implementation Date
2023-10-02
CR #
13270
Provider Education
MLN Connects Newsletter Message
Provider Education Release Date
2023-08-17
Publication #
100-04
Transmittal Year
2023

 

MLN Connects® Newsletter Message

Skilled Nursing Facility Prospective Payment System: FY 2024 Pricer Update 

CMS published payment rates effective October 1, 2023, in the FY 2024 Skilled Nursing Facility (SNF) final rule. 

Effective FY 2023, CMS won’t reduce SNF final wage indexes by more than 5% compared to the prior FY. This doesn’t apply to new SNFs that open in FY 2024 because they didn’t have a prior wage index. 

More Information:

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