Weekly News Wire | February 22, 2021
Ohio Unveils $50 Million Program To Buy Back Nursing Home Beds, Shrink System
The administration of Ohio Governor Mike DeWine has proposed a $50 million fund that would buy back bed licenses from nursing homes and shrink the number of beds in the region for the 2022 through 2023 fiscal years. In Ohio, beds require a “certificate of need” proving that the nursing home bed is needed. Nursing homes can sell the certificates to each other. This proposed program would mean the state would buy the certificates back and take those beds out of circulation. The bed buy-back program will be managed by the Ohio Department of Health with Ohio Medicaid and . . .
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