Yesterday Centers for Medicare and Medicaid Services Administrator
Seema Verma, held a press conference announcing the details of the Medicaid Fiscal Accountability Regulation (MFAR). This proposed rule is intended to increase transparency and would significantly alter state Medicaid program funding and supplemental payment plans for providers.
In a recent fact sheet the American Hospital Association(AHA) claims that MFAR would restrict state access to important funding streams and have devastating consequences for the Medicaid program. The AHA and American Health Care Association (AHCA) released a statement yesterday condemning MFAR and warning that “entire communities could lose access to care under this proposal – including nursing facilities that serve some of the most vulnerable Americans. The AHCA represents close to 14,000 long-term care facilities nationwide. Opposition groups claim that the changes could result in a reduction of funding by up to $49 billion.[1] For those in the Long-Term care industry the consequences could be dire.
