On Thursday, April 27, 2017, the Centers for Medicare & Medicaid Services (CMS) released its proposed rule for the skilled nursing facility (SNF) prospective payment system (PPS) governing Medicare rates for federal fiscal year (FFY) 2018 (October 1, 2017 through September 30, 2018). Below are the highlights of the proposed rule: Market basket (i.e. cost-of-living) adjustment of 1.0% beginning October 1, 2017. The proposed rule for FFY 2018 establishes a net market basket increase of 1.0 percent. Specifically, for FFY
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