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ARTICLE

Date ArticleType
10/3/2017 Payment/Reimbursement
SNF VBP Resource Series - Part 4

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 Sharing Advanced INTERACT Success, part four of a 10-part resource series designed by the American Health Care Association (AHCA) to support members in reducing rehospitalizations.

In this informative session, participants will have the opportunity to hear how four different organizations advanced the use of INTERACT within their setting. INTERACT has played a key role in helping many organizations reduce unnecessary hospitalizations. Ideas on how to use these tools, how to spread them throughout the organization, how to get buy-in, and the fabulous results of these determined leaders will be some of the stories you will hear.  You will hear how a community worked together to develop INTERACT with their local hospital. This impressive story shares how a combined group of nursing centers worked together on implementation despite being competitors.

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!