“81 percent of nursing homes receive less than cost of care for Medicaid patients: analysis”

“81 percent of nursing homes receive less than cost of care for Medicaid patients: analysis,” by Kimberly Marselas, McKnight’s LTC News

Quote:

“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!