Medicare has released the Final Rule for the Fiscal Year 2016 rate year which starts October 1, 2015 and ends September 30, 2016. You will be paid under the 66 category RUG IV system.
PLEASE NOTE - Sequestration enacted by congress remains in effect. The amount you are paid will be reduced by the sequestration amount and possibly by other actions which could be taken by congress.
There are a number of changes identified in the Final Rule for Fiscal Year (FY) 2016 which you should study carefully. The Final Rule updates the payments rates used under the PPS systen for Skilled Nursing Facilities. The tool kit focuses on the FY 2016 rates and change in rates from FY 2015.
Get your rates and analyze the difference from last year.
We have developed a tool to allow you to estimate the impact of the rate change on your facility and get a copy of your rates for FY 2016. To access this tool and get your rates, please go to the Axiom website by following the link below:
Visit the Axiom Website
More information about how to use the tool is on our homepage. To use the tool you will need to do the following:
- Determine whether your facility is Urban or Rural and select the appropriate version of the tool (Urban or Rural)
- Use the drop down menu to select the county your facility is located in. The drop down choices appear in column I row 10. This is a CRITICAL STEP
- Input the Medicare Part-A days into the designated column (column O) to estimate total revenue.
As always, please don't hesitate to contact us with any questions.