Waterfront Health Care Center faces closure. Photo-Lesley Ranfit
Waterfront Health Care Center a Kalidea Affliate may be closing in the next few months. According to WIVB Channel 4 local leaders had a meeting this afternoon to gain support from lawmakers and keep this nursing home open. Waterfront is a 160 bed facility that provides 24 hour nursing care and sub-acute rehab services. The closing comes at a time of Medicaid cuts. It is something that all nursing homes fear every year. But it hits nursing homes that have a lot of Medicaid residents the hardest.
The average nursing home costs about $10,000 per month if you privately pay. Once you run out of private funds you need to apply for Medicaid. When this switch occurs in results the facility recieving far less money. For example, a nursing home can cost $333 per day private pay. If a resident is on Medicaid the state will give that facility $170 per day. That's a difference of $163 per day, $4,890 per month, $58,680 per year per resident that is on Medicaid. Now if half of the residents are on Medicaid that total adds up to $14,505,600 loss of revenue per year. With Medicaid being one of the first things on the funding chopping block every year this loss of revenue increases every year. Just last year New York State cut Medicaid $8 per day and they are expected to cut more of this year as well.
With these cuts that are happening every year you can expect to see more closings like this throughout the state. The constant cuts are making it impossible for Waterfront to remain financially stable and provide proper care for their residents in regards to staffing. This is not the first nursing home that has closed because of this problem. St Francis of Buffalo which is apart of the Catholic Health Care System is anticipating a closure as well. Those 160 residents will have to be spread throughout the city to area nursing homes if Waterfront is to close.