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Exposing the Medi-Cal/Medicaid Myths
Acceptance of and Familiarity with Medi-Cal/Medicaid Can Lead to Stability and Profits for the Nursing Home Industry
Despite predictions for an ever-increasing need for nursing homes, many nursing home owners struggle to keep beds full and payments rolling in. Part of the reason may be an insistence on attracting and retaining private-pay patients. Many nursing home operators labor under the mistaken notion that Medi-Cal/Medicaid is for lower income clients, time consuming, caps and provides only partial payment.
Yet, consider the case of the one Southern California nursing home operator of 15 years experience who avoided Medi-Cal/Medicaid, except in their Los Angeles location. There, beds were always full, all medical expenses were reimbursed and profits were the highest in his chain.
The reason was simple: Their Los Angeles facility manager understood that private-pay, medically insured and long-term care patients were not their clients. That left Medi-Cal patients.
Your may be in a similar situation. However, by learning more about Medi-Cal/Medicaid and ignoring the myths about these programs, you could fill your facility, increase stability and raise revenues, while helping the families.
NHS, presents lectures and workshops at no cost, and is a provider for CEU'S for qualified Nurses, Case Managers, Social Workers and Family Therapists.
Ask the Expert
Dear Expert:
My mother is still healthy, but is concerned about the high cost of long-term care, should she need it in the future. She is considering placing all of her assets into a Living Trust. Will this protect her assets if she needs long term care?
— Pondering in Pomona
Dear Pondering in Pomona
In a word "No"!
"The great enemy of Truth is not the lie--deliberate, contrived and dishonest--but the myth--persistent, persuasive and realistic!"
— John F. Kennedy
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