Report: Delmar Gardens To Take Medicare Hit

An executive behind is reportedly vowing not to making staffing cuts at the company's nursing homes in the wake of news that the company will receive $4.5 million less in medicare reimbursements this year.

The St. Louis Business Journal reports the company received $42 million in 2010 but will only see $37 million in 2011 due to a decision handed down last week by the Centers for Medicare & Medicaid Services.

That decision, is meant for Skilled Nursing Providers to be paid "more accurately based on the service needs of Medicare beneficiaries in their care," according to a press release from the agency.

The statement continued that "the adjustment was determined using claims and assessment data from the first eight months of FY 2011. It will ensure that payments more accurately reflect the resources required to provide care for the range of SNF patients, including those requiring more medically complex care."

Delmar Gardens CEO Gabe Grossberg did not return a call from Patch seeking comment Wednesday, but he told the newspaper that the company had not had a layoff in its history, and would look at "growing volume".

It is unclear if the news will have any impact on Delmar Gardens'

http://www.bizjournals.com/stlouis/news/2011/08/03/delmar-gardens-bethesda-faces.html