Financing for Nursing Homes in Difficult Times
Author: Michael Lesnick from Axiom We are writing this article because a growing number of our clients have expressed concern over the current reimbursement situation in the State of California. Specifically, they have expressed concerns over the 10% cut back that the state intends to implement on Medi-Cal rates. The state passed a law almost a year ago that requires …
Waiting to seek financing until after the need to borrow has already developed can be disastrous for the nursing home provider!
Please examine your situation immediately and, even if you do not think you need help right now, please begin today to arrange for the financing you will need in an emergency situation or in the situation where the state holds money for longer than you expect them to hold your money. We do not have a magic wand (and we …
