Watchdog group says Medicare overpaying nursing homes by $1

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Reply Sat 30 Aug, 2008 07:15 pm
Watchdog group says Medicare overpaying nursing homes by $1
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The nursing home industry is getting an extra $1.5 billion next year from Medicare despite a call from an independent Medicare advisory panel that reimbursement has been inflated for the past three years and needs to be scaled back, a Medicare watchdog group says. The overpayment is happening even though the Medicare Payment Advisory Commission, MedPAC, an independent advisory group to Congress, ...

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Alx B
 
Reply Mon 1 Sep, 2008 11:02 am

Maybe I'm just an ignorant brit, but as long as the homes are spending the cash on looking after their residents & not creaming it off for their share holders, is this really that big a deal? Especially given that the article seems to suggest that the vast majority of claims are underestimated if anything, &, that Medicaid reimbursement tends to be below cost.
 
 

 
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