Record $250 Million Increase in Medicaid Funding
The 2024 Florida Legislative Session has concluded, and lawmakers passed what is being described as a “historic Medicaid funding increase” for the state’s 706 nursing home facilities.
The good news for Florida’s nursing home facilities was shared on the Florida Health Care Association’s website which says the increase should “help nursing centers build a pipeline of caregivers and advance quality care.”
“The state’s FY 2024-2025 budget approved by lawmakers today includes an 8% increase ($247.8 million) in Medicaid funding, which amounts to nearly $470,000 per center per year,” according to the FHCA press release.
“We are so thankful to the Florida Legislature for their strong investment in Florida’s nursing centers to help us meet thegrowing demand for qualified caregivers,” said FHCA Chief Executive Officer Emmett Reed.
FHCA estimate that Florida’s population of older adults will grow more than 30% from the current level. That growth in theover-65 population will require long-term care employers to fill almost250,000 more direct care job openings by 2030.
$80 Million Expansion of Palm Beach County Hospital
In other healthcare news statewide, HCA Florida Palms West Hospital in Palm Beach County today announced an $80 million expansion to builda patient tower at the Loxahatchee campus.
“The new tower will be home to the Surgical Suites at Palms West Hospital. This 36-bed post-surgical unit will provide customized care for patients who undergo robotic surgery by expert surgeons as part of the hospital’s Robotic Surgery Center of Excellence,” according to the HCA press release.
The new tower announcement is the latest in several multi-million dollar improvements at the Palm Beach facility. The hospital’s operating rooms are currently undergoing a $22 million expansion, while 2023 saw the opening of the hospital’s new pediatric emergency room and renovated adult emergency rooms.
HCA Florida Palms West was one of 48 Florida hospitals that just received the 2024 Patient Safety Excellence Award. The annual award recognizes hospitals in the top 10% in the nation for patient safety.
Jupiter Medical Center Receives America's Best Award
Another Treasure Coast hospital receivingindustry accolades is Jupiter Medical Center, the area’s only not-for-profit health system.
Jupiter Medical Center receivedNewsweek’s America’s Best-In-State Hospitals 2024 Award from Newsweek which bases its ranking on publicly reported hospital quality metrics and patient experience data.
There are over 6,000 hospitals in the United States. The America’s Best-In-State Hospitals 2024 list recognizes the nation’s 600 leading hospitals — meaning this distinction places Jupiter Medical Center among the top 10% of all hospitals nationwide.
“At Jupiter Medical Center, we are committed to delivering world class care,” said Amit Rastogi, MD, MHCM, President and CEO of Jupiter Medical Center. “Recognition such as ‘America’s Best-In-State’ by Newsweek affirm that we are delivering care at the highest level, not just in our region but also the country.”
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