As previously discussed here on our Health Industry Washington Watch blog, CMS is publishing a notice extending by 30 days the comment period for its July 16, 2015 proposed rule entitled “Reform of Requirements for Long-Term Care Facilities.” The revisions of the “Proposed Rule” indicate an increased cost of $729 million in the first year (or an estimated $46,491 per facility) and would cost approximately $638 million in the second and subsequent years (or $40,685 per facility). Given the substantial costs estimated by CMS in the Proposed Rule and the scope and sometimes highly-detailed and arduous provisions, comments have been extended from September 14, 2015 until October 14, 2015.
For more information on CMS’ modified requirements of the “Proposed Rule” and the implications it may have for LTC facilities participating in Medicare and Medicaid programs, read the full Client Alert written by Carol Loepere, Daniel Cody, Susan Edwards, Jacquelyn Godin and Vicki Morris.