Daily Rate Formula:
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Definition: This calculator determines the daily rate under the Patient-Driven Payment Model (PDPM) for skilled nursing facilities in fiscal year 2025.
Purpose: It helps healthcare administrators calculate the total per diem rate by summing all PDPM components.
The calculator uses the formula:
Where:
Explanation: The PDPM daily rate is the sum of all six component rates that make up the payment model.
Details: Accurate PDPM rate calculation ensures proper reimbursement for skilled nursing services and helps facilities maintain financial stability.
Tips: Enter each component rate in dollars. All values must be ≥ 0. The calculator will sum all components to give the total daily rate.
Q1: What is PDPM?
A: The Patient-Driven Payment Model is the Medicare payment system for skilled nursing facilities that focuses on patient characteristics rather than volume of services.
Q2: How often are PDPM rates updated?
A: CMS typically updates PDPM rates annually. This calculator reflects FY 2025 rates.
Q3: Where can I find the component rates?
A: Component rates are published by CMS in the Federal Register and can vary based on patient classification and facility characteristics.
Q4: Does this include all adjustments?
A: This calculates the base rate. Additional adjustments (wage index, rural, etc.) may apply to the final payment.
Q5: How is Non-Case-Mix different from NTA?
A: Non-Case-Mix is a fixed per diem amount, while NTA varies based on patient conditions and services.