GAO study confirms AAHSA's medicare "cliff" worries. (NH News Notes).
"We told you so" might be one reaction from the folks at the American Association American Association refers to one of the following professional baseball leagues: - American Association (19th century), active from 1882 to 1891.
- American Association (20th century), active from 1902 to 1962 and 1969 to 1997.
of Homes and Services for the Aging (AAHSA AAHSA American Association of Homes and Services for the Aging (formerly American Association of Homes for the Aging, AAHA) ) to a recent government report about the importance of additional Medicare Medicare, national health insurance program in the United States for persons aged 65 and over and the disabled. It was established in 1965 with passage of the Social Security Amendments and is now run by the Centers for Medicare and Medicaid Services. funding to nursing facilities' profit margins. The General Accounting Office, Congress's investigative arm, says that not-for-profit and government-operated nursing homes had negative profit margins from Medicare in 1999, but had small profit margins a year later when Congress provided additional Medicare funding, which expired ex·pire
v. ex·pired, ex·pir·ing, ex·pires
v.intr.
1. To come to an end; terminate: My membership in the club has expired.
2. last October. These results are consistent with an AAHSA report released last fall (see December 2002 NH News Notes, p. 8).
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