Medicare PPS Increase Medicare PPS rates increase 2.4% for FY 2017. On Friday, July 29th CMS announced the ruling on the Medicare increase for next year. CMS projects that aggregate payments to skilled nursing facilities will increase in FY 2017 by $920 million, or 2.4 percent, from payments in FY 2016. Medicare has been the […]
Brad Clousing has sold a 120 Bed Skilled Nursing Facility in Jacksonville, FL for a local non-profit organization. This was the only skilled nursing asset owned and operated by the Archdiocese of St. Augustine. The facility, built 1992 and in good condition, was at 87% census with only 6% Medicare census. The Buyer is a […]
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