Washington, DC – The following is a statement from American Health Care Association (AHCA) President & CEO Mark Parkinson, regarding the FY 2013 Skilled Nursing Facility Prospective Payment System (SNF PPS) Notice issued today by the Centers for Medicare and Medicaid Services (CMS):

“After years of reimbursement volatility, today’s update to Medicare payments is welcome news to skilled nursing providers. AHCA appreciates CMS’ balanced approach to this year’s Medicare payment system after recognizing the many rounds of government reductions the profession has already endured. Stable Medicare funding will help ensure America’s seniors continue to have access to high quality, post-acute care.”

To read the full notice from CMS, please go here.