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ARTICLE

Date ArticleType
8/1/2017 Payment/Reimbursement
SNF VBP Resource Series - Part 2

Starting October 1, 2018, all Skilled Nursing Facility (SNF) Medicare Part A rates will be cut by 2 percent to fund an incentive payment pool. 

At that time, the Centers for Medicare & Medicaid Services (CMS) will adjust payments and return some amount to providers based on how well they do in managing hospital readmissions by meeting or exceeding performance standards. This CMS effort, the SNF Value Based Purchasing (VBP) Program, links financial outcomes to quality performance. 

Providers may think they don't have to focus on the SNF VBP program yet as it does not affect payment until 2018. But CMS is currently collecting rehospitalization data that will be used to determine how much centers earn back.

This month, we are featuring Discharge to Community: Creating Seamless Transitions, part two of a 10-part resource series designed by the American Health Care Association (AHCA) to support members in reducing rehospitalizations.

A significant shift we've experienced in our communities relates to discharge to community. Our role is to create seamless transitions that return residents safely home - a departure from our “long stay" roots. Thus, skilled nursing centers are responsible for assisting individuals in improving functional independence and adequately preparing individuals for discharge from the center. Assuring individuals and their families can manage care needs after discharge is critical to preventing rehospitalizations. 

Check out this resource here to learn more! 

For more information about the SNF VBP program and to access additional resources and tools, visit the AHCA SNF VBP website here.

Take action today!