Printer Friendly

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 of Homes and Services for the Aging (AAHSA) to a recent government report about the importance of additional Medicare 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 last October. These results are consistent with an AAHSA report released last fall (see December 2002 NH News Notes, p. 8).
COPYRIGHT 2003 Medquest Communications, LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:American Association of Homes and Services for the Aging; United States General Accounting Office
Author:Edwards, Douglas J.
Publication:Nursing Homes
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 1, 2003
Previous Article:President proposes to help people leave nursing homes. (NH News Notes).
Next Article:CMS revises RAI user's manual. (NH news notes).

Related Articles
A long shot.
High court rebuffs challenge to survey enforcement process.
Is Staffing the Key to New Dollars?
Nurse Shortage Catches Congress's Attention.
LTC Coalition Gives Federal Lawmakers a Push.
Edging toward 'the cliff': SNFs may face 17% Medicare cut. (News Fronts).
Nursing home quality data goes live. (The Nation).
Trivial Pursuit. (View on Washington).
Legislative prospects are dim. (View on Washington).
AAHSA seeks to link quality and payment.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters