Maine nursing homes face over $96M shortage, potential closures
January 12, 2024
As Maine nursing facility closures continue, the state has lost 23 nursing homes in less than 10 years, with nine of the closures happening since 2020.
“The FY 2022 as-filed cost reports for nursing homes show a shortfall of $96.5 million between reimbursement and allowable costs,” Angela Westhoff, president and CEO of Maine Health Care Organization, said in a statement shared with Becker’s.
While there have been one-time supplemental payments to close portions of the gap, Ms. Westhoff said the closure rates indicate these payments aren’t sufficient.
Read the full story from Beckers Hospital Review here.