Washington, D.C. — Mark Parkinson, President and CEO at the American Health Care Association (AHCA), made the following statement regarding the Skilled Nursing Facility Prospective Payment System (SNF PPS) FY 2020 proposed rule from the Centers for Medicare and Medicaid Services.
“We applaud CMS for issuing this SNF PPS proposed rule. The 2.5 percent market basket increase is critical for multiple reasons. We are transitioning to a new payment system, and the sector is on the financial brink. MedPAC just reported that our all-in margin is only 0.5 percent, and many skilled nursing providers are facing devastating closures, particularly in rural areas. This increase doesn’t solve these problems, but it gets us headed in the right direction. We thank Administrator Verma and the Administration for this action.”
ABOUT AHCA/NCAL
The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) represents more than 13,700 non-profit and proprietary skilled nursing centers, assisted living communities, sub-acute centers and homes for individuals with intellectual and development disabilities. By delivering solutions for quality care, AHCA/NCAL aims to improve the lives of the millions of frail, elderly and individuals with disabilities who receive long term or post-acute care in our member facilities each day. For more information, please visit www.ahca.org or www.ncal.org.