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County says nursing center lacks cash to cover payroll, will advance $75,000 as stopgap
Summary
County officials told the board the local nursing center has not received Medicare and Medicaid reimbursements and lacks cash to cover payroll and health insurance; staff said the county will provide a $75,000 advance now and defer repayment until later.
County officials told the board on July 14 that the county-operated nursing center has not received expected Medicare and Medicaid reimbursements and currently lacks enough cash to cover payroll and the facility’s health-insurance obligations. County staff said the county will provide a $75,000 advance immediately and place repayment lower in the priority order for tax-advance recapture. The matter arose during the board’s administrative financial update when the county administrator explained the center’s cash flow problem and the interim fix. “With the Medicare and Medicaid payments not coming through…we do currently do not have enough revenue to cover payroll and health insurance,” County Administrator (unnamed) said. He added:…
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