Wednesday, October 02, 2013
Will Obamacare Kill Gracedale and Cedarbrook?
Here's the theory. Obamacare is going to expand the number of people getting subsidized medical care, i.e. Medicaid. In an effort to stretch the medicaid dollar, that means more emphasis will be placed on acute care, as opposed to the chronic care provided at nursing home. Reimbursements will go down.
At the same time, the government is doing what it can to keep people out of nursing homes. For example, Obamacare sets aside $52 million to help the disabled and veterans to stay out of them. A program is being considered to encourage people to stay in their homes.
Then there's the fiscal cliff, $700 billion in Medicare cuts that will come from reducing the medicare reimbursements to nursing homes.
I will raise these concerns with Gracedale Administrator Dee Freeman and get back to you.