# Medicare Program; Prospective Payment System and Consolidated Billing for Skilled Nursing Facilities for FY 2008
> **Centers for Medicare and Medicaid Services** · Final rule. · Published 2007-08-03 · Effective 2007-10-01 · 72 FR 43412
## Document
- **Document number:** 07-3784
- **Category:** medicare
- **Sub-agency:** Centers for Medicare and Medicaid Services
- **Federal Register citation:** 72 FR 43412
- **CFR reference:** 42 CFR 409
- **Publication date:** 2007-08-03
- **Effective date:** 2007-10-01
- **HHS docket:** CMS-1545-F
## Abstract

This final rule updates the payment rates used under the prospective payment system (PPS) for skilled nursing facilities (SNFs) for fiscal year (FY) 2008. In addition, this final rule revises and rebases the SNF market basket, and modifies the threshold for the adjustment to account for market basket forecast error. This final rule also responds to public comments submitted on the proposed rule and makes a technical correction in the regulations text.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2007/08/03/07-3784/medicare-program-prospective-payment-system-and-consolidated-billing-for-skilled-nursing-facilities)
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