Nursing homes may soon lose a significant portion of their funding due to cuts in Medicare and Medicaid, experts say.
The expected cuts in nursing home funding will be the result of a perceived need for cuts to Medicare and Medicaid and a lack of other viable routes for Congress to save money.
Nursing homes currently receive approximately 55% of their total funding from Medicare. If that funding is cut, nursing home residents could see a decrease in their quality of care and in the number of caregivers at their homes. Nursing homes will then be forced to push these cuts onto their residents simply to stay in business.
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