In early 2019, the Trump administration announced the 2021 federal budget, which called for a reduction in spending for both Medicare and Medicaid. SNFs need to take note that the Medicaid reduction involves changes to the supplemental payment program.
The quality measure with the most impact on revenue is clearly rehospitalization rates. With SNFVBP, SNFQRP, and the Five-Star Rating System directly or indirectly impacting reimbursement, the one measure all three of these CMS reporting programs have in common is rehospitalizations. Whether it is an all-cause all-condition, or a potentially preventable calculation, rehospitalizations can make a big difference to your bottom line. Restorative nursing programs (RNP) can help.
Just as employers were taking a look at a bill in Congress aimed at providing paid leave for employees affected by the coronavirus/COVID-19 pandemic, the House-passed legislation took on changes in the Senate. As of early March 17, no Senate vote had been scheduled.
CMS is delaying the Minimum Data Set (MDS) 3.0 v1.18.1 release, which had been scheduled for October 1, 2020, in response to stakeholder concerns. The MDS item sets are used by Nursing Home and Swing Bed providers to collect and submit patient data to CMS. This MDS data informs payment, quality, and the survey process.