Skilled Nursing News February 24, 2019
Skilled nursing facilities are familiar with the headaches of dealing with managed Medicare. But the rise of managed Medicaid could cause just as many headaches for providers — if not pose outright threats to their financial wellbeing.
That’s according to a panel of experts at the National Investment Center for Senior Housing and Care (NIC) spring conference in San Diego, who spoke on the opportunities and challenges for senior living and care that come with the rise of managed Medicaid. Skilled nursing has primarily focused on Medicare, while assisted living facilities have paid very little attention to Medicaid, moderator Michael Torgan of Wigtown Consulting Group said.
“On the skilled side, we’ve had complete carnage on Medicare admissions,” Brian Cloch, chairman...