Blog

Good News - Increases to our Medicaid Rates!

Governor Beshear held a press conference yesterday to announce the increase to the 7/1/23 Medicaid rates. After a call with the Cabinet, we have clarification on how the rates increase will be calculated. Medicaid has granted the Price Based Nursing Facilities a 3.0% inflationary adjustment to the price components of the rate, 8.94% increase to the Capital rate component, and a 6.5% “catch-up” adjustment.

If you would like Hargis to calculate your ACTUAL 7/1/23 Medicaid rate, please send the following:

•       4/1/23 Medicaid rate notice

•       January thru March 2023 CMI

Please contact our office at (270) 726-4033.

Sarah McIntosh, President