Pennsylvania SB692 amends medical assistance payments for institutional care, setting specific revenue adjustment neutrality factors for nursing.

Pennsylvania SB692 amends the Human Services Code to modify medical assistance payments for institutional care. It specifies that for each fiscal year starting July 1, 2025, the revenue adjustment neutrality factor for nonpublic nursing facilities must be at least 0.90, and for county nursing facilities, it must equal 1.00 plus the percentage rate of change used in determining the revenue adjustment factor. These factors remain in effect until June 30, 2026, or until a new rate-setting methodology is established.

Pennsylvania SB692 amends medical assistance payments for institutional care, setting specific revenue adjustment neutrality factors for nursing.

Pennsylvania SB692 amends the Human Services Code to modify medical assistance payments for institutional care. It specifies that for each fiscal year starting July 1, 2025, the revenue adjustment neutrality factor for nonpublic nursing facilities must be at least 0.90, and for county nursing facilities, it must equal 1.00 plus the percentage rate of change used in determining the revenue adjustment factor. These factors remain in effect until June 30, 2026, or until a new rate-setting methodology is established.