“Long-term care’s problems are bad and getting worse — but fixable”

“Long-term care’s problems are bad and getting worse — but fixable,” by Stephen A. Moses, McKnight’s LTC News

Quote:

“The long-term care business is hurting: labor shortages, wage pressures, vax mandates, too much Medicaid, too little private pay, value-based reimbursement, MedPAC vs. Medicare and so on and on. What should be done? Every analyst, politician and bureaucrat has a favorite solution, but none has taken hold. The problems remain, and they’re getting worse. Let’s analyze the situation. What do all of long-term care’s economic woes have in common? Answer: they persist in a market dominated by government financing and regulation.”

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

What have government financing and regulation wrought in the long-term care marketplace and what can be done about it? Click through and read on for the answers.