It may come as a surprise for people to learn that much of the cost of nursing home care in the U.S. is covered by the federal Medicaid and Medicare programs. Consider that the price tag for this care reached an astounding $75 billion in 2014 alone.
While this steady stream of reliable income is naturally a great boon to U.S. nursing homes, as with most situations in life, there is no such thing as a free lunch. Indeed, in exchange for federal funding, nursing homes must agree to abide by rules established by the U.S. Department of Health and Human Services.
As it turns out, HHS Secretary Sylvia Matthews proposed a groundbreaking set of rules, slated to be rolled out in three separate phases, just last year. In fact, the first of these phases officially took effect in late November, marking the first time in 25 years that the federal rules for nursing homes have undergone any substantial changes.