Insights in Seniors Housing & Care
The Department of Health and Human Services (HHS) has announced an additional $15 billion distribution, targeted at providers serving Medicaid and CHIP recipients. Included among these recipients are eligible assisted living facilities that serve Medicaid residents. According to the National Center for Assisted Living, 16.5% of assisted living residents rely on Medicaid. Skilled nursing properties serving exclusively Medicaid residents are also eligible. To qualify, providers must not have received a payment from the Provider Relief Fund General Distribution.
Medicaid providers can use the HHS portal to complete the application process for funding requests. Funding will start at 2% of reported gross revenue for patient care. HHS will use additional information, including number of Medicaid residents served, to ultimately determine the final payment amount.
Industry associations continue to advocate to secure an allocation of funds to provide relief to private pay seniors housing operators who have served, and continue to serve, on the frontlines of the COVID-19 pandemic.
Senior Principal Ryan Brooks works with the research team in providing research, analysis, and contributions in the areas of healthcare collaboration and partnerships, telemedicine implementation, EHR optimization, and value-based care transition. Prior to joining NIC, he served as Clinical Administrator for multiple service lines within the Johns Hopkins Health System, where he focused on patient throughput strategies, regulatory compliance, and lean deployment throughout the organization. Brooks received his Bachelor’s in Health Services Administration from James Madison University and his Master’s in Business Administration from the University of Maryland.
Connect with Ryan Brooks