Fiscal Cliff - McKnight's Long Term Care News

Fiscal Cliff

John O'Connor

Ongoing budget battles reveal a deeper problem

Many long-term care providers seem to be experiencing a case of budget battle fatigue right about now. Yes, it was earlier this year that a fiscal cliff compromise was reached. And now two more budget-related crises are about to kick in? Care to guess how these developments might affect your future reimbursement outlook?

Bruce Baron

How can SNF’s and SLC’s combat their “fiscal cliff”?

This month, “fiscal cliff” has become as much a part of the American lexicon as Happy Hanukah and Merry Christmas. For most Americans, the fiscal cliff – a mandatory 3% contraction of the federal government, is thought of as unimaginable. For Skilled Nursing Facilities (SNF) that have witnessed an 11% reduction in reimbursements in 2012, they have already endured a fiscal cliff and it is clear the future will not get any easier.

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