CMS Backtracks on MFAR, $50B Medicaid Pay Cuts

From McKnight’s Long-Term Care News:

“The Centers for Medicare & Medicaid Services has withdrawn the much-criticized Medicaid Fiscal Accountability Rule that could have caused havoc for skilled nursing providers, in at least 11 states in particular. A vast array of healthcare providers and stakeholders, beyond long-term care, as well as governors and patient advocacy groups, opposed the MFAR Rule.”

“Centers for Medicare & Medicaid Services Administrator Seema Verma announced the agency’s decision to rescind the proposed rule in a tweet on Monday.”

Click here to read the full report from McKnight’s.