Adjustments to nursing home rates in State Fiscal Year (SFY) 2018 and SFY 2019. The first adjustment restores the funding that was removed from the rate in SFY 2017 due to the expiration of fair rent. The second rate adjustment freezes SFY 2018 and SFY 2019 nursing home rates in the aggregate while re basing SFY 2018 nursing home rates, providing a downside stop loss of 1.6%. The final adjustment allows for new fair rent additions in SFY 2018 and SFY 2019 based on assets placed into service in SFY 2016 and SFY 2017, respectively.
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File 1 - Approval Document Media