Will Steep Reimbursement Cuts To Nursing Homes Jeporadize Patient Care?

 Steep Reimbursement Cuts To Nursing Homes The nursing home industry is set to become a little less profitable for nursing home operators as the government seeks to trim reimbursement rates by approximately 11%.  Set to take place next year, the proposed reductions cut out a huge billing opportunity that presently allows nursing homes to seek reimbursement for intensive treatments without actually proving the elevated level of care.

In the article reported in Bloomberg.com, the proposed cuts to funding from Medicare, nursing homes will be required to detail more of the treatments they provide to patients.

The closure of the billing bonanza will save taxpayers an estimated $3.87 billion in payments made to nursing homes. 

Tough times for the nursing home industry?

Shortly after the new reimbursement provisions were announced, nursing home giants Skilled Healthcare Group Inc. (SKH) and Kindred Healthcare (KND) were down 16% and 14% respectively.

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Jonathan did a great job helping my family navigate through a lengthy lawsuit involving my grandmother's death in a nursing home. Through every step of the case, Jonathan kept my family informed of the progression of the case. Although our case eventually settled at a mediation, I really was impressed at how well prepared Jonathan was to take the case to trial. Lisa
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After I read Jonathan’s Nursing Home Blog, I decided to hire him to look into my wife’s treatment at a local nursing home. Jonathan did a great job explaining the process and the laws that apply to nursing homes. I immediately felt at ease and was glad to have him on my side. Though the lawsuit process was at times frustrating, Jonathan reassured me, particularly at my deposition. I really felt like Jonathan cared about my wife’s best interests, and I think that came across to the lawyers for the nursing home. Eric