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

Skilled nursing facility trends contribute to improved Medicare outlook, Congressional report says

The Medicare trust fund is on track to remain solvent until 2030, trustees of the program stated in a Congressional report released Monday. This improved outlook is due in part to revised expectations about the case mix in skilled nursing facilities.

House bill would define, promote coordinated long-term care services

A bill introduced in the House of Representatives would target improved care coordination for seniors, also adding it under the Older Americans Act.

Seize the day: Tech Awards deadline is tomorrow

Seize the day: Tech Awards deadline is tomorrow

The final countdown has begun: Long-term care providers have less than 48 hours to enter the third annual McKnight's Excellence in Technology Awards. Submissions will be accepted through July 30.