Washington HB1555 establishes a new system for nursing home payment rates, including direct care, indirect care, and capital components, with annual.

Washington HB1555 modifies the nursing home payment rate system to include direct care, indirect care, and capital components. Direct care rates are adjusted for acuity and regionally, while indirect care rates are based on administrative costs and adjusted for inflation. Capital costs are determined by facility square footage and age. The bill introduces a tier system for quality incentives based on facility performance, with higher tiers offering greater incentives. Payment rates are to be rebased annually to the most recent historical cost data, starting July 1, 2025.

Washington HB1555 establishes a new system for nursing home payment rates, including direct care, indirect care, and capital components, with annual.

Washington HB1555 modifies the nursing home payment rate system to include direct care, indirect care, and capital components. Direct care rates are adjusted for acuity and regionally, while indirect care rates are based on administrative costs and adjusted for inflation. Capital costs are determined by facility square footage and age. The bill introduces a tier system for quality incentives based on facility performance, with higher tiers offering greater incentives. Payment rates are to be rebased annually to the most recent historical cost data, starting July 1, 2025.