Long-Term Care

Federal government notes slowdown in nursing home spending

MDS 3.0 Insider, May 9, 2014

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Decreased payouts for nursing home care was one reason that healthcare spending grew more slowly for seniors than for any other age group between 2002 and 2010, the Centers for Medicare & Medicaid Services announced Monday.
Average annual growth in per capita healthcare spending was about 4% for the elderly during the eight-year period studied, according to the CMS Office of the Actuary. The average growth rate for the recession years of 2008 to 2010 was 2.4% annually, which also was lower than for any other age group.
 
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