Nursing Homes and Hospitals Prepare for Another Round of Budget Cuts
Nursing-home operators, already hit hard by last year’s cuts in federal and state funding, face another revenue loss in Pennsylvania Governors proposed budget for the fiscal year starting July 1.
The budget proposal, released Tuesday, calls for a 4 percent cut in the Medicaid reimbursement rate for nursing homes. The total revenue loss for nursing homes is projected by the Pennsylvania Health Care Association to be $46.5 million.
That amounts to a nearly $8-per-day reduction in the average daily reimbursement of $194 for Medicaid patients, the Harrisburg trade group for nursing-home operators said Wednesday.