MedPAC Advises Cutting Skilled Nursing Medicare Payment Rate by 3%

MedPAC Advises Cutting Skilled Nursing Medicare Payment Rate by 3%
Skilled Nursing News
December 8, 2023
The Medicare Payment Advisory Commission is recommending that for fiscal year 2025, Congress should reduce the 2024 Medicare-based payment rates for skilled nursing facilities by 3%, citing strong margin projections, occupancy growth and access to capital for the sector.