On Friday July 21st, the Centers for Medicare and Medicaid Services (CMS) posted a provider-specific impact analysis of the potential financial implications of the proposed RCS-1 payment system. This analysis provides simulated Medicare Part A payments under RCS-1 and CMS notes “…the provider and resident data is for fiscal year 2014 and represent estimated payments under RCS-1, assuming no changes in provider behavior or resident case-mix.”
As expected, some facilities have projected gains under RCS-1 while others have projected losses. This same scenario presented itself prior to the implementation of RUG-IV and just as there was no need to worry then, there is no need to worry now. Preferred Therapy Solutions, along with many other industry analysts, believe that any projected negative impact can and will be minimized with proper planning and preparation.
Preferred Therapy Solutions has thoroughly reviewed RCS-1 and is prepared to implement strategies for success. This impact analysis from CMS will further enhance facility-specific strategic planning and be a great resource as we partner together to prepare for RCS-1.
As your Rehabilitation Partner, Preferred Therapy Solutions continues to collaborate with your facility. If you have any questions, please contact Matt Nash, PT / Vice President of Strategic Development: firstname.lastname@example.org