“CMS eyes 8% revenue increase for Medicare Advantage,” by Danielle Brown, McKnight’s LTC News   Quote: “The Centers for Medicare & Medicaid Services is forecasting a nearly 8% increase in revenue for Medicare Advantage plans next year. The agency released its 2023 advance notice earlier this week. The agency expects proposed policy changes, including many targeted at improving health equity, will result in a 7.98% revenue increase for Medicare Advantage organizations. … Medicare Advantage enrollment penetration now exceeds 40% of beneficiaries nationally, and in some states, penetration is over 50%, according to Brian Ellsworth, vice president for public policy and payment transformation
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“$200,000 sign-on bonus program seeks to entice nurse aides to long-term care,” by Kathleen Steele Galvin, McKnight’s Senior Living   Quote: “The North Dakota Department of Health will spend up to $200,000 to recruit temporary nurse aides and certified nurse aides for long-term care facilities in an effort to help combat a caregiver workforce shortage.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Sign me up! But wait, $200K is the budget for the whole program. Individual aides only get $2K. But still. This is what it takes apparently to attract enough caregivers during a pandemic.  
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