A Report on Shortfalls in Medicaid Funding for Nursing Home Care

Source: Joseph Lubarsky, BDO Seidman LLP and Eljay LLC, American Health Care Association, September 2007

From the press release:
A new independent analysis of the nation’s Medicaid program by the accounting firms BDO Seidman/Eljay,LLC estimates states are underfunding the actual cost of providing seniors’ critical nursing home care by at least $4.4 billion annually, or, $13.15 per patient day – representing a dramatic 45% increase from 1999 ($9.05) through 2007. The new study also found that the states with the greatest disparity between the actual cost of providing quality care and Medicaid reimbursements are, in order of severity, Illinois, New Jersey, Wisconsin, Minnesota, Vermont, New Hampshire, Missouri, Delaware, Washington and Massachusetts.

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