AHCA Statement on MedPAC Report to Congress Total Margins Drop to 0.7% Released:March 16, 2018 AHCA Press Office (202) 898-6333 AHCAPressOffice@ahca.org Page ContentWashington, D.C. — The American Health Care Association/National Center for Assisted Living (AHCA/NCAL) President and CEO Mark Parkinson today issued the folowing statement regarding the MedPAC Report to Congress: “This MedPAC report confirms what many providers experience every day. Skilled nursing providers are operating on razor thin margins. MedPAC’s report that non Medicare margins are negative 2.3% and total margins have plummeted to .7% should sound the alarms for policy makers across the country. In recent months, the financial challenges for some of the largest providers in the country reached a boiling point. With providers declaring bankruptcy, and in some cases, closing their doors, seniors and individuals with disabilities will face limited options for care. Our nation is at a critical juncture. Providing adequate reimbursement and reasonable regulation must be the priority for our policy makers. As a country, we need to decide if we are going to take care of our elderly and individuals with disabilities.” - 30 - ABOUT AHCA/NCAL The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) represents more than 13,600 non-profit and proprietary skilled nursing centers, assisted living communities, post-acute centers and homes for individuals with intellectual and development disabilities. By delivering solutions for quality care, AHCA/NCAL aims to improve the lives of the millions of frail, elderly and individuals with disabilities who receive long term or post-acute care in our member facilities each day. For more information, please visit www.ahca.org or www.ncal.org.