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Chasing millions in Medicaid dollars, hospitals buy up nursing homes
October 16, 2017 /
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Nearly 90 percent of Indiana’s 554 nursing homes have been leased or sold to county hospitals in the past 14 years, state records show, bringing in hundreds of millions in extra federal payments to the state.
Even though Indiana’s nursing home population has remained steady at about 39,000 people over the past five years, Medicaid spending for the homes has increased by $900 million, to $2.2 billion in 2016, according to state data.
By Phil Galewitz | Kaiser Health News
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Posted in: Regional Business News
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