South Dakota long-term care providers are facing a $10.2 million reduction to their Medicare payments due to a recently issued final rule by the Centers for Medicare and Medicaid Services (CMS).
CMS issued its skilled nursing facility prospective payment system (SNF PPS) final rule for FY 2012 reducing Medicare payments by 11.1 percent starting Oct. 1. This equates to a $3.87 billion reduction in Medicare rates for skilled nursing facilities across the nation.
Mark B. Deak, executive director of the South Dakota Health Care Association said, �Every day, South Dakota�s nursing facilities provide quality care for seniors who need it most. A reduction of this magnitude will severely impact providers across our state.�
Coupled with reduced Medicaid budgets, this reduction could jeopardize access to care for South Dakota�s elderly and those with disabilities.