Washington, D.C. — The
American Health Care Association/National Center for Assisted Living (AHCA/NCAL) President
and CEO Mark Parkinson today issued the folowing statement regarding the MedPAC Report to
MedPAC report confirms what many providers experience every day. Skilled
nursing providers are operating on razor thin margins. MedPAC’s report that non
Medicare margins are negative 2.3% and total margins have plummeted to .7%
should sound the alarms for policy makers across the country.
recent months, the financial challenges for some of the largest providers in
the country reached a boiling point. With providers declaring bankruptcy, and
in some cases, closing their doors, seniors and individuals with disabilities
will face limited options for care.
nation is at a critical juncture. Providing adequate reimbursement and
reasonable regulation must be the priority for our policy makers. As a country,
we need to decide if we are going to take care of our elderly and individuals
- 30 -
The American Health Care Association and National Center for Assisted Living
(AHCA/NCAL) represents more than 13,600 non-profit and proprietary skilled
nursing centers, assisted living communities, post-acute centers and homes for
individuals with intellectual and development disabilities. By delivering
solutions for quality care, AHCA/NCAL aims to improve the lives of the millions
of frail, elderly and individuals with disabilities who receive long term or
post-acute care in our member facilities each day. For more information, please
visit www.ahca.org or www.ncal.org.