According to reports, nursing home cuts will freeze skilled nursing facilities’ share of the “market basket” at a 2.4% increase in October. The Congressional Budget Office (CBO) had previously projected a 2.7% hike, though the final rate won’t be set until CMS announces its proposed rules for 2019.
The American Health Care Association/National Center for Assisted Living (AHCA/NCAL) President and CEO Mark Parkinson issued the following statement regarding the Senate budget proposal:
“We are disappointed that the Senate budget proposal includes a $2 billion cut to skilled nursing facilities. An across the board cut like the one included in this bill would have a dramatic effect on our nation’s most vulnerable citizens. The low Medicaid reimbursements in many states do not cover the cost of care and providers struggle to keep their doors open. This cut will further jeopardize their important work.”