Getting your player ready...
DENVER—Nursing home officials are warning that a steep cut in Medicare payments for short-term patients will likely result in layoffs.
Colorado Health Care Association spokeswoman Arlene Miles says Medicare is cutting payments for its patients in short-term nursing homes by nearly $60 a day per patient.
According to the Denver Post (), the change means nearly $37 million less in federal payments to Colorado nursing homes next year, threatening staffing levels and squeezing facilities already challenged by low patient counts.
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Information from: The Denver Post,
