The $26.5 million grant over three years, provided under the Patient Protection and Affordable Care Act’s Balancing Incentive Program, will be used to prevent admissions to institutions such as nursing homes. New Hampshire will invest grant funds in home and community-based services to allow the elderly and those with disabilities to remain at home.
The grant program offers a total of $3 billion in higher Medicaid matching payments for states that currently spend less than 50 percent of their total long-term care costs on community-based options. The increased Medicaid payments must be spent on increasing the availability of long-term community-based services.
More Articles on CMS:
GAO: CMS Should Improve Oversight of Nursing Home Quality Survey Implementation
Parkland Memorial in Dallas Receives Corrective Action Plan From Consulting Group
Medicare Advantage Audits Estimated to Recover $370M
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit