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|Medicaid Fiscal Accountability Rule|
Medicaid Fiscal Accountability Rule
Update: CMS withdrew the proposed MFAR on September 14, 2020.
THE LATEST NEWS (updated 1/15/20) The LeadingAge National Office has weighed in on the Medicaid Fiscal Accountability Regulation Rule by sending the letters below. PLEASE SEE HERE Note that the letters themselves are also posted, along with the map.
THE LATEST NEWS (updated 1/15/20)
The LeadingAge National Office has weighed in on the Medicaid Fiscal Accountability Regulation Rule by sending the letters below. PLEASE SEE HERE
Note that the letters themselves are also posted, along with the map.
Medicaid Proposed Rule Will have Significant Impact on Nursing Home Provider Taxes and Supplemental Payments
It’s much more than supplemental payments!
On November 18, CMS published the Medicaid Fiscal Accountability Regulation (MFAR) Proposal on the Federal Register. This proposed rule would make significant changes to key parts of state Medicaid financing structures for nursing homes and hospitals. Changes that could force a large number of communities to close their doors shortly after the rule becomes effective.
For nursing homes, including Life Plan Communities (LPCs)/Continuing Care Retirement Communities (CCRCs) with nursing homes/health centers, the most significant proposed changes are to provider taxes and supplemental payments.
Let CMS hear from you on the newly proposed rule that will significantly alter the IGT/Supplemental Payment Program forever. More comments are needed!
Implications for Provider Taxes
This rule also would put into place the new definitions 60 days following adoption which could cause significant problems for current operations to continue.
Implications for Ownership Arrangements
LeadingAge Indiana is continuing to assess the impact of the MFAR proposal on its members and the residents they serve. We will work with our state partners in the Indiana Health Care Association, Indiana Hospital Association, Hoosiers Owners and Providers for the Elderly, Suburban Health Organization and State of Indiana to determine the implications of the proposal and provide feedback to CMS, including through comment letters. We will also develop resources for our members to educate them on the MFAR proposal and how they can participate in the rulemaking process.
Listen to our January 9 webinar with J. Michael Grubbs, Partner, Barnes & Thornburg, designed to help you better understand MFAR and it's potential impact on your organization.