tci Medicare Compliance & Reimbursement - 2005 Issue 32

LONG-TERM CARE: Feds Pushing For LTC Financing Reform

Private pay may be the next wave for the industry.Long-term care providers that serve only Medicare and Medicaid patients may want to start rethinking their business models, because federal LTC reimbursement is not likely to expand - even as the number of Americans needing the care will explode over the next 10 years.Centers for Medicare and Medicaid Services Administrator Mark McClellan announced the second phase of a campaign to help states promote private long-term care financing alternatives to Medicaid on July 26. "Medicare doesn't cover long-term care, and Medicaid cannot afford to be the nation's primary source...

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