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Nursing-home finance report details census, reimbursement fluctuations and a $685,574 audit adjustment
Summary
Committee received the nursing homes June finance report, including room rates, census figures, reimbursement variability for Medicare/Medicaid and a $685,574 audit adjustment recorded by outside auditors.
The LaSalle County Nursing Home NVAC committee reviewed the facilitys June financial report on July 14 and heard staff describe fluctuating monthly revenue streams, current room rates and an auditor adjustment described in the audit correspondence. Kathy Bridal, committee chairman, summarized the finance report: private-room daily rate $242, expanded care $238 and semi-private $230. Earlier in the meeting staff reported a census of 62 residents; in the admissions section staff later listed the current census as 61 with five…
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