McKnight's March 19, 2024
Faced with steep Medicaid reimbursement shortfalls, one 90-year-old facility believes its only way forward is to cut back more than half of its available long-term care beds.
Leaders of Scandinavian Communities in Cranston, RI announced the measure last week in a letter to residents’ families. They described “significant operating losses” and ongoing financial woes that would make continuing to operate the facility “unsustainable.”
“This decision is necessary in order to ensure the long-term survival of our organization,” they wrote in the letter, dated March 12. “Scandinavian Communities will maintain focus on our assisted living and rehabilitative services, which have been at the core of our missions for over 90 years and will not be affected by this change.”
The cuts...
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