Tennessee SB2023 amends Medicaid reimbursement for nursing facilities, adjusting rebase intervals and budget adjustment factors.

Tennessee SB2023 amends Tennessee Code to adjust the rebase intervals for Medicaid reimbursement rates for nursing facilities, ensuring they are recalculated no longer than every three years. The bill also modifies the budget adjustment factor (BAF) calculation to align with the new rebase intervals and updates the effective dates for various provisions. The changes include excluding certain cost reports from median and price calculations and requiring the Bureau of TennCare to consult with the comptroller of the treasury and the Tennessee Health Care Association when promulgating rules.

Tennessee SB2023 amends Medicaid reimbursement for nursing facilities, adjusting rebase intervals and budget adjustment factors.

Tennessee SB2023 amends Tennessee Code to adjust the rebase intervals for Medicaid reimbursement rates for nursing facilities, ensuring they are recalculated no longer than every three years. The bill also modifies the budget adjustment factor (BAF) calculation to align with the new rebase intervals and updates the effective dates for various provisions. The changes include excluding certain cost reports from median and price calculations and requiring the Bureau of TennCare to consult with the comptroller of the treasury and the Tennessee Health Care Association when promulgating rules.