“81 percent of nursing homes receive less than cost of care for Medicaid patients: analysis,” by Kimberly Marselas, McKnight’s LTC News
“Measures of base payments relative to costs varied widely, ranging from less than 70% of costs for 15% of facilities to more than 100% of costs for 19% of facilities. The median Medicaid base payment rate in 2019 was 86% of costs.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
When you’re losing money on every patient, you can’t make up for it in volume!
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