Operators likely to gain as Obama signs $787 billion economic stimulus legislation
President Obama signed the $787 billion economic stimulus plan in Denver Tuesday. Long-term care operators stand to see significant revenue infusions as a result. Most notably, the measure includes an $87 billion booster shot for Medicaid, which is the nation's primary payer for long-term care services. A separate component is expected to set aside up to $20 billion to improve information technology in healthcare.