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Providers Set Their Sights on Path to Financial RecoveryNobody saw the pandemic coming, but each long term and post-acute care (LT/PAC) provider is planning on how its business will emerge from the most challenging year for the profession in history. <a href="https&#58;//pagepro.mydigitalpublication.com/publication/?m=63330&amp;i=695596&amp;p=4" target="_blank">Read more.</a><br><p></p>2021-03-01T05:00:00Z<img alt="" src="/Monthly-Issue/2021/March/PublishingImages/Recovery.jpg" style="BORDER&#58;0px solid;" />Finance;COVID-19Patrick Connole​Nobody saw the pandemic coming, but each long term and post-acute care (LT/PAC) provider is planning on how its business will emerge from the most challenging year for the profession in history.
A Look at Occupancy and What Lies AheadThe second part of <em>Provider’s</em> March cover series on the financial outlook for long term and post-acute care providers features the thoughts of Beth Burnham Mace, chief economist and director of outreach at the National Investment Center for Seniors Housing &amp; Care (NIC). <a href="https&#58;//pagepro.mydigitalpublication.com/publication/?m=63330&amp;i=695596&amp;p=10" target="_blank">Read more.​</a>2021-03-01T05:00:00Z<img alt="" src="/Monthly-Issue/2021/March/PublishingImages/Occupancy.jpg" style="BORDER&#58;0px solid;" />FinancePatrick Connole​The second part on the financial outlook for long term and post-acute care providers features the thoughts of Beth Burnham Mace, chief economist and director of outreach at NIC.
Leaders Finesse Policies Aimed at Making Recovery PossibleIn the third part of a series on the prospects for financial recovery in the long term and post-acute care (LT/PAC) profession, Provider discussed new policies meant to ease the pressure on providers’ loan repayments with Erik Howard, executive managing director for healthcare finance&#160;at Capital Funding&#160;Group (CFG).​ <a target="_blank" href="https&#58;//pagepro.mydigitalpublication.com/publication/?m=63330&amp;i=695596&amp;p=16">Read more.</a><br><p></p>2021-03-01T05:00:00Z<img alt="" src="/Monthly-Issue/2021/March/PublishingImages/Policies.jpg" style="BORDER&#58;0px solid;" />FinancePatrick Connole​In the third part of a series on the prospects for financial recovery in the LT/PAC profession, Provider discussed new policies meant to ease the pressure on providers’ loan repayments with CFG.
Analysis Sees $94 Billion in Industry Losses Over Two Years<p>​The American Health Care Association/National Center for Assisted Living (AHCA/NCAL) released new <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODc0NTczYmIxMGQxYzQ4ODg2IiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.8ST5zW4uXRgZao_tmzFlGZG25Dv2XJz8ENPDrj2mw8M&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3Dti-NXvu8dkFNc4NHqlPXNTt0dFNg-Hlduw17X7KW6nFTMhlUW65HfuC1vZPAElT3j8_UJoHH7zfQ1gDRLVQxsYdyI92FW-O_6ybQLqd9lGfkPtJ3giqj5yF3CFB1nmsyPmfhAmV94FAkcApZI0HNADwS3VCjXPnXlo23BiTj486o5e9PIYohFbdgPV01W-ddI0o5A5DHD35t9JWQzy5SEP9eRElu8VmME_YtzwVkYk5kIWTSDFxuJ_BxI4uwuFpzHe7W-DOZyyqdRCkteWQEyP81Pu_WnM2o0RsskcL5LWNwDzGdROEp0GPisFyLbnvDAVqemil8iV6wqfoQLarFWjbUPPd_59JimwMKrC8ye0MjnV0GVmlWvEIlOfjOAts-s_ywiVvbS3Oxj7D15-ZAfwdCqfv-wDfU77d5mUPsR8h2bGkmFSga2bkJb85JSSqquNEuvGZGEBg8zgXlcCQ8rq5dOl0j6fk1zVO2obdi9Sc1G71XXIRZmZqsBq3ZTHjwZhzlnG4UdG2dZ_d0SSgFEDRRdUPrjav5M-yKZx-y2arCspYv3GUT2yMbw1t0FAjYps9N5Ms8pamQwMD-X9y8o14nTLfw54atCb1BxjWcRpQmnm-htzFizQdo_x5axph1ki-J67Uq3tzRIx0hHQLyzuFwVaFRrBaFH_Xe0ZLAG8UAaQK9cfbKZ_myRHwW2HOQRZuiSUSprMGxdjcL5MfWlTFTfDUoJbkMBuo75PhzqpD9CX66Lx8T4S0Ji_XpyNCQg7ZOv86OVO5mxV1XKHTjCkV999vySNFttbHBFA8zqyrctPf448AaSHs3Clo0FRUoaBqLU_ivwqdRZm4ywL5U5FxNid1g8J1PYasomO2lScSZuftxo9MBV3wzWjOe2uUh">analysis </a>that estimates the long term care industry will lose $94 billion over a two-year period (2020-2021) as a result of the COVID-19 pandemic and the associated increased costs and lost business that the pandemic has wrought. </p><p>Nursing homes spend roughly $30 billion on personal protective equipment (PPE) and additional staffing alone, the report said. In addition to increased expenditures, long term care facilities have suffered a sharp decline in occupancy—a situation AHCA/NCAL President and Chief Executive Officer Mark Parkinson called a “business nightmare.” </p><p>“In three short months, we’ve gone from 71 percent to 67 percent [occupancy] … We need census to recover at a rate of about 1 percent a month, and while that doesn’t sound like a lot, it’s not as easy as it might seem … If the census doesn’t recover at all, or recover slower than that, the sector has a real problem,” he said. <br> <br> The same AHCA/NCAL analysis estimated that without immediate assistance, more than 1,600 nursing homes could close in 2021—more than 10 times the number of facilities that closed last year. The average nursing home has the capacity to serve approximately 100 residents. <br> <br> Emmett Reed, executive director of the Florida Health Care Association, also <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODdkNjI1NTU4Zjc2MWQ4ODljIiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.XFVYDIkiavw_LJ4O7XnyDK-3DVQBv2wGc9FrfufPneU&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbL959q9St3pTAyYEoj_E6ny9X9eRfVVTjLuz3cjvmMFltsv9NavCboI6IQVAQsJEduS8ziXkrSyeYbJQ2YSrMNmTgEdQ7PlfZVB1OB-HWzRrTtgpiz1meH_fNID3GvgkSOnIMPKSPUaxtylh4WTHtmWZK3GGWGmkUB9k0Ene3nO3NH9Q5j3g3ZkgoY3i3Yffm5M64BC8h6QXYdvT10GJGjihg9CTcuEfWkNl7b7BGUopsNGmh2HnNJloaWDOITuIenf_JhnU2NPpLekkfy7KFel_ipFelnaz9_s2JQ9bRE7auyxfppt9F3cZtAykunupu0teueHcF7tmcLusO__5ozM%253D">stressed </a>the impact declining occupancy has had on finances. In a committee hearing before the Florida State Senate, Reed said, “If we don’t start to see occupancy increase over the next six or seven months, maybe even less, you’re going to start seeing nursing homes in a very dire situation financially. It’s just, the margins are razor-thin.” <br> <br> With increased costs of care and a decline in residents, many facilities will no longer be able to afford to run their facilities, leaving thousands of elderly individuals displaced and forced to find new care.</p><p>Pandemic-related closures continue to occur across the country. Long term care providers in <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODc0NTczYmIxMGQxYzQ4ODg1IiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.rk3rPMjg68-Lfhsr3Zi2AKhrwThJNPAFDAPX9ZODeJ4&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbCu4eIyCVmZoG24t9MvyvdhuTkZxoKeXMesNochszvX5uIknJ5nCY2-KI6pGrMt6ZBj2a1vhTHm-iETKR4lWj_jM2-fL5ttMQrjbpoTXcQ4VnE5Wc_gU0TzSlUewjHEGFNp5EnWGzoGoBzg-gQ5_6xtMHooGd2zyC-0SUCAPizZ1buDpnfzq0SIHerVmDDKXjKoiUsythKAbL6EQhIHqbHSoQreBzXAMscRWPqPNMYa9sr6BU4crhQqXYzt91mVybMDJkIESaTplCp643awMmeCYvf6wYcu96IzoMioMsoe7a1HCB6mBt4_UkuEWNyBUQSd5Yl_GIUO1eWjqxr8URoo9shbVaAa-_yGYhD8njUQN">California </a>, <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODdiMDU0NzhmMzFkY2Q2ZDcwIiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.MK5HQRIFADmDkvjQDkkn4SVnKeninPgV-0DRGE8jSrs&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbLRA0DrKE3q1hCG2MW0_wdOONBkaNPwjGi5kliwbnAb0EZavCXvNH1XXyGHqwiiUW0K6G-vIL1MTLVOxMe12diSXPdb5rCM2fP5dDUZb_E5fu9Ml2c2vadEutCZty-vszE-dXwkSGwx9rp3j4yxVf2oV4VEpA46yc0pnVQLkWauUUPTKG7gULdcS82YO3eijjLIBmyOPLOv4u3ih-8YHD6vyyKAOmn2vaXnJ5S20Q6GpG3YHCk8EVSDDVrjRkZ1Hx_aC0pUETmdreEaWrcEFCTjY7h4xsbX2paSiLxCNuHpSFIyUcp1UZvb1Abs1NHZSp6xjQ1zt2Iqef2vuSeMQJ6E%253D">Indiana </a>, <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODc0NTczYmIxMGQxYzQ4ODg0IiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.4gNBhsrJPOiFRAHW5VcJJg1MkHr-aajmnjmJrBXjBNw&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbDohNlT2KR207AO2jiDzoAxl_IvVkowecKKDDH2pOnSA6cy-wJhuN10ZEDyuGuD4oNt75UUHU3MGYSzRxR55iqEhnoMbZQDw8aJOiUCUI-gYcaXVwSm3jKTkXTAdPIO6Lb4Ml6OLnp3DRfbwbbVke-_MajQdN2MBQAVhYUc88SJES2XnFZeSSaVNLFWA_f1I7YnabwtPI3wCRp3J1c194YMXvc7_xl_18Jn0TI3ttPVwvvr21H9POo0JGOeNTJEpnl3_BujOVGnwLLl7Es3FVxMqdnBPqiQ_oDKuSn6FSj_ATiYFzJdWcJpFpgtDA27Oz1fnWCGgHD5pI3W6JwPKHBZ4e3RXBWwufd-yqEENFC1mDLr3CFpNqX_U-BV2TiuGlbtGbaHR2Eu3Y4kCo0iGdiA%253D" target="_blank">Connecticut </a>, <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODdmOGZmMjk4OTM2NmY0OWY2IiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.N5bc__9vGJrjomTz47gigm7yJit4I5btloSUYkyXPv0&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbM1CqnWiGziqWyaqcJ6vtp4snodmm4kjfKVAwvfmmvN-0bpKc8ricENXup8pAzpHsZ_TB_8xZsCiI5sIZVabUQQJi_ixRXfMrxybyQ8R5TZr758aG229X-wnpZJtNtIF7rQ8NfBOVoLIPHAdbBSg1yEN7zthnu_J1oOI9O8EsHIhPTSAs63s3Bc5U3yIsdLw-gwRVfyGn6nIcct6W7Lo7dvIDQcR-tmmLZd0FMfi3Ii9lg0d3LQQ0ux-mfzaHf6l0OPUObwwiI49gOw0LLLMcGHjm_rOVwA-91cMorXH6udHAihS61OokgrIresQPFUCYOHvEsVQKnqpU4-kj5zTBu7y7hDS1fWoF1kl0w25OfRB1cpy1fKegXxKEdeKKQs5JlBGl3DysXHSnpcoRjC1C1k%253D">Massachusetts </a>, <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODdmOGZmMjk4OTM2NmY0OWY3IiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.TBuxC7ifCis6MwR7-NldkPjTxa--lkeVk_IW2Cczsy0&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbEpvOc5lXtXA0NA9tlahKb9r_bkhwrxrkPVL55oKbIi0Ndw1l15abcTr-rZkGUOWSgwpoIqj_QsodUFRJcgyvz5hhNn8FUdQCXLCxujWbu2tlBrv-NnA8jqlrxgL65QAYDBlEhrd0Y3Pi1-a8XLf37B0CBY3Ur4raVKTVpgmJDK_LSAhajyHhLfWZOHs-RjqLE7Hb4k9Pag8gZ-ADtFdy-8FvFlq-a_ATrxp3BPIiAZ3j61Xna2ZXVhjbR5GQzXX8axcsUilgrFP095GtHVUI9TAVU_xVlv2lsyAUpKJnovdP_ES0dgn1YPaZwmtUh9a8w%253D%253D">Colorado </a>, <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODdkNjI1NTU4Zjc2MWQ4ODllIiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.2hIR998xQyGIxLja7SwpQd6VqskkJHgD33LdKPMhnOo&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbCGXM9yR_zR_8fsRvsuYrqheqEvTPOtjBQhiWlxYerRJKM5CeVeqXJetyBkX4ezaFYL1lxpo44pvyQYt-GdcaiS4VbJdYo7SDTKZ1E0VFEgZl-H5OVGsN_D9nUNrJSH7b-bQagWIIm2W10Ci1k-CwGsDsIt6Y-NdQGKulTnZOEc5Dd2zdf1MLWLI--lsnF-rW-5U-yLWqAADqKFkKY7-53ORQBAwOFMwfp_R1ukWmG8ofn3K5GaVNCvHKk71dYMUYboLQtI1p8nBaAF3ofFNpZgAMHG_01qywAD-3LDwCt-YT5mKYxFUwsvW-X7w99P2Y5_XNn48_5-wUS9qqjPwT_BVlg7N-sJIQjKrEFcFqbE79URDyBgZCmG7rHqsK7NyyCqzW5AW_LJLOCLZd0T7e7s%253D">Kansas </a>, <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODdmOGZmMjk4OTM2NmY0OWY1IiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.5qZsqBehtUJ2NVbUtJ-RxXrfnWXHdWq1gYX13kKdNDQ&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbDZL7ldp2V-LzCk6FrfiL05a2mm68QdJMdMYJ3Qx4UL_kLgJrkF7kqVccfB-DMi_X09dlum8KmwNLY7qQ2EVWk3Get9ahH5qJzTDNBCU6Rycnrxqn0RB8D17UBv1iCOpVCVroc5nTruqn5q-dVnJp049pqaqmvvnDnKLmsiTIjQfWHuJCov7fDzAtcUYlJgzlIXCFcSNpJcDK3E9ZfQ-4y9f8fQ1ig-_JydN3sYQtjD4K0kNcMBhgRIA40YXLDRKI0hnQykiklqGqt9Qi_QerNuVLV9zizAGIYBb_GYRRe09oWQXLthCNo15WgMeXyls1yR-p--jSfm7aluskyO_S0dUURyD6OhuxlQVpxPCF5o_PN1By1xKU71KVCXO7ip_d4oDfpPRkbul1HCZoFycn80%253D">Michigan </a>, <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODczNzlmYzA3NTYyMjEzNWFjIiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.TPMzWoYjzl0wDz8G9j1j9SEl5ga52Rh31ONbG5tpSAI&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbOuhACDz2JxFdrwnzYq0xQ9YqFOlWHpwT-20wF8bOo00fwrY9uGcJiA5xuEl9kqIqcS5f-u_DSRvmmJxiEl-_EB42HNCtgKVTjrDib2H08kU2oV0NdDvyPTo8MyoXPAq0-6F2U5W7tDIi_MvwVDzeg_I9aP_cyuR3tXMu5Dce9bvCBxJGyqlDlhnTfJlal6LTWu44AXJCBscvxGWfI1oMbdDA7DfI51GTeH0RxBINPhwqKe50dtHIU5ZOSmR2YuiRc3l1511cKx9Yif0Vlxa5y5eI-xGAB5SoIT38z-Z_PINJZgHRISgDnCDEA7zwUbfWUZhKjk8QGkRwoahlrnJt7xnLBC8T5tFUpK6hzNQCxW_ur-mZaKn6vG0kXE_hiOiro4_VXQq3svpe80aRbyTLDollj1LQ6hbTIKYAixBLsk0iEY6OM99manFrvvFRcgXtg%253D%253D">Nebraska </a>, <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODdkNjI1NTU4Zjc2MWQ4ODlmIiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.5Mtn17DMxLEheFeC7WyyFTdrHs94NX20DKFvA08shn4&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbJtQC_t8mAQWdEGjkaJ_88usqTchPBFatF1nuarpnzfdDxxJ0mX0Wq4OJE7zwgZGq_yvLn7yg4wtDR1zWzfxE9Gx-ATBsUfJlejw-5J5vJ3BsDOGxs8qJ_i07wfkNY5qleD0NU98l2QlItYGcZvrk_HVC5asnA51SKFVBzd75c7cVK4TU5Uw7HTcIVUCNC3jZPxD0Yi12d6F90t9Pr94BXCwHXUMyjtjUfDewICtzIf6cvi2Ab8w4MGFRKixeJ9QNHdZut0TXxAJ09CIRElY_65NFfXE44mabJIFnFSvl3qGCPgXh6nSqfwq7U6CWOWeItT5Xq1as7BCCQPmO1AXcx9ZPoLSubuoD9BZa_xJz2zSVcWWNHEH-xTKEzpqoyCpnENV2oWtjbCsJAVNY5l7EjPvfP0ZlZEcW2-lRFWgm-hZ">New Hampshire </a>, <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODdiMDU0NzhmMzFkY2Q2ZDcxIiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.IpcwSp1b7kBWR_zFQSN0va0ciTiERRLUTnYI9D2w6_w&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbPIbXys9YcPfwaasQCM_6gFh50jryoE3ES0y3OQ8cb55012R4-Q2czd0oXnKK6zakj3d3XKgmreuAdSyuf2onr2czx7r1vpSU3-NWKU3h-JMtCItG6xsv5JZLexTTHGfCHtEPO5M-9ZKXnBLAy5hTSximeAQyoppaZwZT5tDhiFYbl_J9V0rMKYMe8Qm7M5eXwUtvxsKCZP0RpxBM1CYWQM7PBml3fDT3yrtObEwIsn6N7HBimwFqQSQ8ubCCjx09TeJlv_Fwj5GWfA9712WcradXCoYygO-66EeKvONEfxmH_jcFe9Y3IwzB6WhxDzvrcUKJWwbVk96AD7hbuAw6JSGXAliEp8yv7hTm7tfmeAvA0er9Zt4D0l1Y9cy2Qx6uTJQYneB95KKoFO-hDDnU7E%253D">New York, </a>and <a href="https&#58;//app.bitdam.com/api/v1.0/links/rewrite_click/?rewrite_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZXdyaXRlX2lkIjoiNjAyNTRhODczNzlmYzA3NTYyMjEzNWFhIiwidXJsIjoiIiwib3JnYW5pemF0aW9uX2lkIjo0NzAwfQ.UPEhHi7u9la9VLLtRMqP8IecRkGC0ViB0H6DqUB8fH0&amp;url=http&#58;//links.ahca.org/u/click?_t%3D3abc5280edfa42b5905fbea7c0fff5c2%26_m%3D3689a0bc6d554bdda168a419a86d26b0%26_e%3DmUt_xpK9wtUmO4_kuvodbCUcBOk2jUomgnDHY8Guoz7IfBed9LpvtWAiDPPLf6F9ghR7c1_pWihKFR1lZ1GBMbNKaYW4OXyXkxOdVOvNfcj-zznQCNbn_bRc-Iu7cGUIxv7qHGD_3pDTFxX9bt8ajtSQ_R7xVsO5T9GjuhZenoPP8mBcibbVOdmVzyP9FUQ86nntXNtqDRA0yXVTGNtFKK4jT-0HawgPR94_bx_zrBYjAWFZz811zT4wUzvzGlNWrLBQyfEjS87E88wgJQen9dyKB6yxLzn04ozHwpOp2YgM7TlVDzWtMHb1yEEXzg_baeKSsZ8DFb9bE0NzFjHzSsVKmGvPQtSHqMfKarI8q82mA7XrgMmTz9d2FqzR8hxe">Rhode Island </a>have made the difficult decision to permanently close their doors, the report said. <br> <br> To address the urgent financial straits providers are in, AHCA/NCAL is urging Congress to prioritize long term care residents and staff by allocating $20 billion in funding, either through an enhanced Federal Medicaid Assistance Percentage for long-term services and support, or through a dedicated portion to the Provider Relief Fund.</p><p>“This financial support will bring much-needed relief and enable providers to continue to protect residents and staff. America’s most vulnerable population and their dedicated caregivers cannot fight this fight alone,” the association said. </p> 2021-02-11T05:00:00Z<img alt="" src="/Breaking-News/PublishingImages/740%20x%20740/healthcare_finance.jpg" style="BORDER&#58;0px solid;" />Finance;CaregivingPatrick Connole​AHCA/NCAL is calling for $20 billion in much-needed relief for financially stressed long term care providers.