LTC Matters: New Medicare Part D - A Prescription for Industry-wide Change
3/15/2005
Effective January 1, 2006, Medicare coverage for prescription drugs under the new Medicare Part D becomes effective. At that time, Medicare will become the predominant purchaser of prescription drugs in this country. Because nursing home residents have some of the highest rates of prescription drug utilization among the elderly population, this change will have significant effects on the long term care (LTC) community. This change will result in significant operational and potential reimbursement issues for every nursing home in the country.
Click here to view the reasons discussed in this Mintz Levin publication.
