Long-term care operators dodge proposed Medicaid cut

Share this article:

An attempt to reduce Medicaid provider assessment thresholds for long-term care operators has been averted, a provider group said Friday.

At the beginning of June, House Republicans proposed reducing the Medicaid provider tax threshold from 6% to 5.5% as a means of keeping the interest rate low on subsidized Stafford loans to students. The American Health Care Association, which lobbied lawmakers against the proposal, argued that providers view this assessment as an annual source of revenue. Lawmakers instead agreed to freeze subsidized student loan rates for another year at 3.4%, and raised premiums for federal pension insurance.

“Long-term and post-acute care providers are relieved that Congress found a more responsible way to fund the majority of the Stafford loan program,” AHCA President and CEO Mark Parkinson said in a statement.

Share this article:

More in News

Also in the news for August 22, 2014

Iowa's nursing homes lost, on average, 41% of their employees each year from 2010-2012 ... Researchers identify proteins necessary in wound healing ... More than 40% percent of SSDI recipients take opioid pain relievers, study says.

CMS: Many skilled nursing providers have poor Medicare certification and recertification practices

CMS: Many skilled nursing providers have poor Medicare ...

The rate of improper Medicare payments to skilled nursing facilities has increased largely due to issues with certification and recertification statements, according to a recently released government memorandum. The Centers ...

NY nursing home agrees to $2.2 million settlement in case of false documentation

NY nursing home agrees to $2.2 million settlement ...

Nursing home operator Ralex Services Inc. has agreed to a $2.2 million settlement in a whistleblower case involving forged documents at a facility in New Rochelle, New York.