Skilled Nursing News March 26, 2024
As Medicare Advantage continues to grow in the skilled nursing space, beneficiaries utilizing traditional Fee-For-Service Medicare have declined, and in turn reimbursement has dropped at an alarming rate.
For every two beneficiaries that opted for MA, one FFS individual left the program in 2023, the first year the number of FFS beneficiaries declined in every state, with Delaware topping the list.
That’s according to leaders at Zimmet Healthcare Services Group, who discussed managed care trends during a webinar on Tuesday, including how a shifting in plans has affected the bottom line.
Nursing homes have lost a staggering $274.9 million for every percentage point MA plans grow, Zimmet Healthcare president Marc Zimmet said. Medicare spend per beneficiary is only $448 on...
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