If a nursing home goes through a change of ownership is the Medicaid reimbursement rate effected?
March 29th, 2010 | by nursing |
Jack W asked:
Assume this is a nursing home located in D.C.
traveling nurse
Assume this is a nursing home located in D.C.
traveling nurse
2 Responses to “If a nursing home goes through a change of ownership is the Medicaid reimbursement rate effected?”
By mbrcatz17 on Mar 31, 2010 | Reply
nursing pins
Medicaid reimbursement RATES don’t change.
However, if this is one corporation selling to another corporation, the new owner has to be approved to be a medicaid provider in order to get paid.
If there’s no ownership change, and one stockholder just sold all their stock to another entity, then there’s really no legal ownership change, and you don’t need to do anything.
By Brooke on Apr 2, 2010 | Reply
nursing major
No. Reimbursement rates are based on geography not ownership. That is true of all insurance companies not just medicaid.