Lawmakers advance bills allowing Medicaid reimbursement rate adjustments for care facilities
JEFFERSON CITY, Mo. Measures aimed at encouraging nursing home facilities to invest in improvements are making their way through the General Assembly.
The identical measures would allow for nursing home facilities to have their Medicaid reimbursement rate readjusted following investment in patient care. One received unanimous approval from the Senate on April 18 and the House perfected the other on April 23.
Sen. Mike Cunninghams SB 11 and Rep. Jack Bondons HB 600 would enable intermediate care facility or skilled nursing facilities to have its Medicaid per diem reimbursement rate readjusted if they invest at least $2,000 per bed in improvements.
This is the right thing to do, both for seniors and for private investment in the state, Bondon told the Missouri Times. It is the right thing to do to hopefully correct a government created imbalance in the system.
Read more: https://themissouritimes.com/60286/lawmakers-advance-bills-allowing-medicaid-reimbursement-rate-adjustments-for-care-facilities/