Balanced budget unbalances SNFs.The effects of the Balanced Budget Balanced budget A budget in which the income equals expenditure. See: budget. Act of 1997 (BBA BBA - Bachelor of Business AdministrationBBA - Back Bay Association (Boston, Massachusetts) BBA - Bajuwarische Befreiungsarmee (Bavarian Liberation Army; terrorist group in Austria) BBA - Balanced Budget Act of 1997 BBA - Bankruptcy Bar Association BBA - Basic Belief Assignment BBA - Basic Build Analysis BBA - Belgian Boomerang Association BBA - Best Bitter Ale (beer style UK) BBA - Beyblade Arena BBA - Beyblade Battle Association (gaming)) and the Balanced Budget Refinement Act of 1999 (BBRA BBRA - Balanced Budget Refinement Act of 1999 (USA) BBRA - Big Bike Riders Association) on Medicare payments to SNFs SNF - Samfunns- og næringslivsforskning AS (Centre for Research in Economics and Business Administration; Norway) SNF - Sampled Netflow SNF - Saturday Night Fever (movie) SNF - Schweizerischer Nationalfonds zur Förderung der wissenschaftlichen Forschung (Swiss National Science Foundation) SNF - ScoutNet Finland SNF - Secret No Foreign SNF - Shared Network Facilities SNF - Short-Range Nuclear Forces SNF - Single-Net Fault SNF - Skilled Nursing Facility have been analyzed by The Lewin Group, a national policy research group. Some of the findings of the report, sponsored by the American Health Care Association (AHCA AHCA - Additional Housing Cost Allowance AHCA - Additional Housing Costs Allowance (UK) AHCA - Afghan Hound Club of America, Inc. AHCA - Agency for Health Care Administration AHCA - American Health Care Association AHCA - American Highland Cattle Association AHCA - American Hockey Coaches Association AHCA - Arizona Health Care Association AHCA - Arkansas Health Care Association AHCA - Arlington Heights Civic Association), were: * Spending is below what the BBA and BBRA allotted. * SNF reductions were targeted at $1 for $6 expended; however, total spending reductions have been closer to $1 for $3 expended, almost twice as much as planned. * The BBRA was meant to restore necessary spending, but the decline continues. * Nearly 20 percent of participating SNFs have been forced into bankruptcy. These findings predict financial instability for an industry in which the demand for its services is on the rise. AHCA, SNFs, hospitals, and other health care facilities are sounding the alarm. Congress needs to put back some of the cut funds to prevent "an acute care crisis." |
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