White House spending plan less than industry hoped for

Share this article:
Lawmakers praise long-term care 'credibility,' Paul Ryan says consumers and providers both struggle
Lawmakers praise long-term care 'credibility,' Paul Ryan says consumers and providers both struggle

In every White House budget, there are winners and losers. Unfortunately for providers, long-term care again falls into the latter category. All told, President Obama's $3.9 trillion spending plan for fiscal year 2015 would cut funding for healthcare by $402 billion over the next decade.

This includes an “accelerated schedule” for reducing skilled nursing facility Medicare market basket updates. 

The spending plan also calls for equalizing payments to skilled nursing facilities and inpatient rehabilitation facilities for certain services, and adjusting SNF payments to reduce hospital readmissions.

The American Health Care Association/National Center for Assisted Living slammed the proposed Medicare reductions, noting that the sector has “endured billions in cuts” in recent years. However, the association supports proposals that could achieve savings without slashing reimbursements, such as penalizing SNFs that have high hospital readmissions rates.

“We have a proposal on Capitol Hill that would do just that, saving Medicare nearly $2 billion while improving health outcomes,” said AHCA/NCAL President and CEO Mark Parkinson.  LeadingAge also said cuts are not the answer.

Rep. Paul Ryan (R-WI) said the budget is a “campaign brochure” that panders to Obama's Democratic base.


Share this article:
close

Next Article in News

More in News

Bulk of Medicaid to be managed care in two years: Avalere

Bulk of Medicaid to be managed care in ...

More than three-quarters of Medicaid beneficiaries will be enrolled in a managed care plan as of 2016, according to an Avalere Health analysis released Thursday. The numbers reveal that managed ...

Nursing home asked for employee's personal information too often, jury rules

The human resources department of a Maine nursing home did not properly protect a former employee's personal identification information, a jury recently ruled.

Test could confirm sepsis within an hour

Nursing home residents might benefit from a new way of diagnosing and treating sepsis made possible by discoveries out of the University of British Columbia.