R12705CP

Transmittal #
R12705CP
Issue Date
2024-07-03
Subject

Medicare Part A Skilled Nursing Facility (SNF) Prospective Payment System (PPS) Pricer
Update Fiscal Year (FY) 2025

Implementation Date
2024-10-07
CR #
13701
Provider Education
MLN Connects Newsletter Message
Provider Education Release Date
2024-08-08
Publication #
100-04
Transmittal Year
2024

Skilled Nursing Facility Prospective Payment System: FY 2025 Pricer Update

CMS published payment rates effective October 1, 2024, in the FY 2025 Skilled Nursing Facility (SNF) final rule. 

Effective FY 2023, CMS won’t reduce SNF final wage indexes by more than 5% compared to the prior FY. This doesn’t apply to new SNFs that open in FY 2025 because they didn’t have a prior wage index. 

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