U.S. Nursing Homes Face $65 Billion Ten Year Reductions Due to Budget, Regulatory Payment Changes; Iowa Facility Administrator Expresses Concern About Staffing Pressures and Threat to Quality Patient Care
A new 50 state data analysis projects Iowa nursing homes and the patients under their care face a $30 million cumulative reduction in Medicare funding in 2013-14 as a result of several different federal budgetary actions and regulatory payment changes made by Congress and the Centers for Medicare and Medicaid Services (CMS) since 2009. Nationally, nursing homes and their patients face nearly $4 billion in reductions in 2013-14, and a staggering $65 billion reduction over 10 years, according to the independent health policy advisory firm, Avalere Health. Nursing homes, technically referred to as skilled nursing facilities (SNFs), are Iowa's second largest health facility employer. ... |