Republicans passed the reconciliation bill which included a 10-year delay on the federal staffing mandate, no change in nursing home provider taxes, and sweeping spending cuts that will indirectly affect skilled nursing facilities (SNFs). This bill cuts $1 trillion in health care and food assistance spending but will increase the national deficit by $3.4 trillion
Newsweek reported on the growing crisis is unfolding in the United States as nursing homes continue to shut down at alarming rates, despite an increasing need for elder care. Since 2015, more than 800 nursing facilities have closed across the country, with the majority of states experiencing a net loss. The trend has only worsened since
Trump intends to cut Medicaid by more than $800 billion over the next decade. McKnight’s reported on a recent study conducted by Vincent Mor, PhD, a noted long-term care researcher in Brown’s Department of Health Services, Policy & Practice. He notes that 579 nursing homes are named in a new report as being at “elevated risk”
According to a June 3 letter written by public health economists and researchers, the rolling back of nursing home staff levels could lead to 13,000 preventable deaths. Various ranking members of the Senate Finance Committee, researchers, and other Senate holdings warned that the Trump administration’s budget will result in more than 42,500 deaths annually. This
Skilled Nursing News had an interesting article on the nursing home industry bankruptcies and mergers. The market is unstable because interest rates, Medicaid cuts, and workers getting deported. The national for-profit chains are being selective on which facilities to purchase. Several industry players have announced that they will be moving forward with acquisitions, indicating that
The Republican Senate passed a big spending bill that will increase deficits for decades. Two things are admitted by Republicans who voted for the bill. First, it would cut taxes in a way that would only benefit the wealthiest Americans. Second, to recoup some of that lost revenue, it would cut health care programs, particularly
Recent Comments