Medicaid As a Funding Source for Non-SNF Senior Living? Upcoming Webinar Offers a Provider Perspective

New Jersey allows Medicaid dollars to be used in assisted living; Pennsylvania does not (or at least, not yet).  What is the rule in your state? And if you want to see the rule change, how do providers feel about the potential to expand availability of public funding dollars to settings outside the so-called traditional nursing home?  

That perspective may be part of an upcoming Webinar entitled “Assisted Living and Medicaid: Will it Kill A Great Product?” The fee-paid program is offered by Levin Associates,  scheduled for June 2, 2016.  Here’s part of the webinar description:

When purpose-built and professionally managed assisted living burst on the seen 25 years ago, consumers were starved for the product. It became the hottest development product in seniors housing within a few economic cycles, and in its early life it became an upscale alternative to old skilled and intermediate care facilities. Then Medicaid waivers came into existence for assisted living, and some of the new properties had a Medicaid census up to 20% or higher in some states. From a state government budget perspective, assisted living saved the state money as a cheaper alternative for appropriate residents than a nursing facility. Some states require a Medicaid or income-qualified set aside for a certain number of units in new assisted living communities. Old nursing facilities that can’t compete in the subacute/rehab skilled nursing market may be turned into a modern Medicaid ALF. What started as a private pay product may evolve into a state-funded product, at least for some percentage of the population.