To date, there is currently a backlog of approximately 7000 cases pending Medicaid review. In Illinois, Medicaid covers seniors that do not have the ability to pay for long-term nursing home care, when they do not have the personal assets to cover care expenses. "Federal law requires that states process applications within 45 days," said Bogar. "Right now, we're seeing applications being delayed a year or longer in some cases. This means that residents are at risk of losing their ability to stay at a facility and receive care. It's also putting an unnecessary financial burden on the facilities that are trying to maintain a high quality of care for these residents."
"This is a clear issue that needs quick resolution," continued Bogar. "The state of Illinois needs to start using AVP and start shrinking this backlog of applications, as these elderly residents simply cannot afford to wait any longer."
About sb2 Inc.
sb2 Inc. has a foundational belief that there is an ecosystem of variables impacting the revenue of long-term care facilities, and the firm developed the Revenue.Recognition.Recovery.® system to address every one. This proprietary system helps facilities to identify new available sources of revenue—specifically from Medicaid and Medicare—to help build bottom lines. The system includes touchpoints such as internal policies and procedures, contracts, training, and legal services. Long-term care facilities that aggressively use all of these revenue sources are the ones that will chart their growth well into the future. For more information, visit www.s-b-b.com.
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SOURCE sb2 Inc.