25 February 2009

Nursing Home Costs

At the January 29, meeting of the Legislature’s Nursing Home Facility Committee chaired by Mr. Domalewicz, [Commissioner Rodat] presented several financial issues regarding the Nursing Home. Several people have asked for more detail.

Since the last Nursing Home Committee meeting, there’s also been some discussion regarding capital costs of building a new facility and capital cost reimbursement and some confusion about reimbursement rates. Although capital costs were not central to the January 29 discussion, we’ll provide some additional information on that topic as well. As was the case on the 29th, most of this material is on the cost of continuing in the nursing home business regardless of whether we build a new facility or continue at the existing one.

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