AUGUST 2020 | Volume 37, No. 8 the nursing home population and Medicaid only covers 70 percent COVID-19 Puts to 80 percent of the costs of care, according to the AHCA. Nursing homes are able to stay afloat Michigan Hospitals by bringing in enough short-term...
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AUGUST 2020 | Volume 37, No. 8 the nursing home population and Medicaid only covers 70 percent COVID-19 Puts to 80 percent of the costs of care, according to the AHCA. Nursing homes are able to stay afloat Michigan Hospitals by bringing in enough short-term Medicare post-acute care patients since Medicare is more generous with In The Hole $1.1B their payments. The COVID-19 outbreaks have meant surging costs for personal protective equipment (PPE) and 18 percent higher personnel costs as staff are Michigan hospitals have lost a expenses for a total of $3.2 billion in for the hospitals and health care sidelined by the virus or fear coming combined $1.1 billion during the combined financial losses. providers that have been serving on into work because of it. Occupancy is recent pandemic, and that’s even MHA noted that MidMichigan Health the front lines of the pandemic.” down. Costs are up and without more after factoring in $2.1 billion in lost 24 percent of its impatient Back in April, t
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