![](/static/images/TCI-site-logo.png)
tci Medicare Compliance & Reimbursement - 2003 Issue 21
Long-Term Care: MEDICAID SHORTFALLS BODE ILL FOR NURSING HOMES' BOTTOM LINES
The sunset of Medicare add-on payments last year, looming therapy caps, proposed bad-debt reimbursement changes and tight Medicaid budgets make for a stormy reimbursement forecast for long-term care facilities. Even the Centers for Medicare & Medicaid Services admits that its own policies appear to be taking a toll on the nursing home industry. In "Health Care Industry Market Update: Nursing Facilities," the agency notes that Wall Street has a generally bleak view of the industry, thanks to "uncertainties related to government payment and the rising cost of liability insurance."While the 2.9 percent Medicare payment increase slated...
To read the full article, sign in and subscribe to tci Medicare Compliance & Reimbursement.
Thank you for choosing Find-A-Code, please Sign In to remove ads.