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NURSING FACILITY PRICE-BASED PAYMENT METHODOLOGY FAQs (Revised January 27, 2015) Note: Highlighted questions indicate revisions to Q&A or a new question since the last FAQ posting on November 4, 2014.
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Nursing facility price-based payment is a payment system in which the price for services provided by a nursing facility is determined based on specific criteria.
Nursing facilities are required to file nursing facility price-based payment.
Nursing facility price-based payment can be filled out by providing the required information about the services provided and the prices charged.
The purpose of nursing facility price-based payment is to ensure transparency and accuracy in pricing for services provided by nursing facilities.
The information reported on nursing facility price-based payment includes details about the services provided, prices charged, and any other relevant information.
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