Skilled Nursing News February 4, 2025
Some nursing homes in New York may be forced to close their doors without an increase in Medicaid funding, a dire warning as the state legislature starts its budget hearings.
Elemental Management Group, which owns and operates eight nursing homes in Upstate New York, is losing about $2 million annually as costs rise and operators face unmoving Medicaid reimbursement rates, owner Joe Murabito told MSN.
As budget hearings are underway for the state legislature, Murabito is advocating for changes in the state Assembly, reminding state leaders that some regions are being left behind, like Oswego County and Upstate New York.
Facilities in Oswego County are dealing with reimbursement rates of $200 a day or less, he said. Dividing $200 by...
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