Rules can encourage or stifle senior facility innovation

Two states will have very different opportunities in the coming years


As senior living organizations look to reinvent the traditional nursing home model, those in two states will have different opportunities to do so in the coming years, according to an article on the Senior Living News website.

A proposed bill in Indiana is seeking to ban construction of new nursing homes for three years and Florida has temporarily lifted its 14-year-long moratorium on nursing home construction, leading to the recent approval of 22 new facilities and the expansion of 11 existing sites.

There are implications — both good and bad — from the ban which could significantly impact the industry in the near future, the article said.

Indiana’s proposed moratorium is expected to reduce state Medicaid expenditures by $2.2 million, but research suggests these savings could come at a steep price.

“To me, it’s utterly ridiculous that Indiana is even considering this,” said Mainstreet Founder and CEO Zeke Turner. “I still can’t even get my mind around the fact that this has any traction. It goes against exactly what is needed in healthcare today: greater efficiency in healthcare dollars, improved care, and innovating. Amazingly, Indiana is embracing the idea of stopping all that.”

Read the article.

 

 



March 17, 2015


Topic Area: Industry News


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