Skilled Nursing News June 14, 2024
Nursing home operators in Florida will see an 8% increase in their Medicaid funding, or $247.8 million – that amounts to $470,000 per facility.
Gov. Ron DeSantis this week signed the Focus on Florida’s Future Budget for Fiscal Year 2024-2025, which included the significant Medicaid funding increase to support the growing demand for caregivers and the needs of residents.
There are currently 706 nursing homes in Florida, with occupancy rates at 86.7% on average.
The Florida Health Care Association (FHCA) commended DeSantis’ support of the sector.
“Once again, Governor DeSantis has shown his commitment to Florida’s seniors and the people who care for them,” FHCA CEO Emmett Reed told Skilled Nursing News in a statement. “This meaningful investment in Florida’s...
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