Skilled nursing providers in North Carolina are facing a 10% decline in state reimbursement as state leaders grapple with a $319 million Medicaid shortfall and eye devastating federal cuts ahead. State Health and Human Services Secretary Devdutta Sangvai, MD, notified legislative leaders of the impending state-level cuts in a letter last week. The news came days after lawmakers passed a “mini” budget that cuts Medicaid spending by hundreds of millions of dollars and fails to fully fund a planned rebase related to Medicaid expansion in the state. Other states are convening emergency sessions and trying to figure out how they will navigate the Medicaid cuts.
Read the full article: Nursing Homes Face 10% Rate Cut as States Begin to Grapple with Federal Medicaid Rollbacks //
Source: https://www.mcknights.com/news/nursing-homes-face-10-percent-rate-cut-as-states-begin-to-grapple-with-federal-medicaid-rollbacks/