Broome County, in New York state, received $4 million dollars as part of the state budget for 2008-2009 that will allow the demolition and rehabilitation of an area to construct a $70 million dollar nursing home. The new facility will replace an existing nursing home that was constructed in the 1960s and expanded over the […]
Category: Medicare & Medicaid
The Medicare Payment Advisory Committee is proposing changes to Medicare reimbursement to skilled nursing facilities that could lower payments to those facilities performing high-volume of therapy related services. The report recommends lower payments made by medicare based upon the efficiencies of scale that the Council has stated that any high volume provide should have achieved […]
Last week, the Social Security Administration presented its report on Social Security and Medicare in the United States. The annual report painted a similar picture of demise and didn’t show any major improvements or worsening in the entitlement realities over the next 30 years from last year’s report. 2008 is an important year for the […]
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