Skilled Nursing News August 13, 2024
Oklahoma on Monday approved a nearly $29 million Medicaid funding increase for nursing homes attracting additional federal dollars to improve provider rates. It’s unclear if the rate increase would be enough to meet the upcoming federal minimum staffing standard.
The Oklahoma Health Care Authority Board (OHCA) approved the increase after the 2024 legislature called on the board to appropriate $30 million to improve rates, according to a report from KGOU. The increase puts more than $100 million toward nursing homes in the state.
About 70% of this funding will support direct care, or the sum of salaries and benefits for registered nurses (RNs), directors of nursing, licensed professional nurses (LPNs) certified nurse aides (CNAs), certified medication aides, therapy aides and...
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