Using data from its LongTermCareView product, Definitive Healthcare breaks down the payor mix of more than 16,600 SNFs in the U.S. to understand their patient population and financial health. SNF payor mix by total patient days breaks down as follows: Medicaid – 59.1%; Medicare – 10.9%; and Private/self-pay/other – 33.8%. Compared to average hospital payor mixes, SNFs have a higher percentage of patient days covered by Medicaid, which is less than 10% for hospitals. SNFs care for many older patients, some of which may have Medicare and Medicaid healthcare coverage. Nearly 20% of Medicare beneficiaries use Medicaid for health and long-term care services.
Read the full article: Skilled Nursing Facility Payor Mix Review //
Source: https://www.definitivehc.com/resources/healthcare-insights/snf-payor-mix