On July 31, CMS released a final rule that will increase payments to skilled nursing facilities (SNFs) by 1.3 percent, or $470 million, in Fiscal Year 2014.  The increase is due to a 2.3 percent SNF market basket increase, reduced by a 0.5 percent forecast error correction and reduced by a 0.5 percent productivity adjustment.  CMS will also revise and rebase the SNF market basket index base year to reflect more recent data.