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Medicaid the Leading Source of Income For Health Facilities

Medicaid, at $59 billion, is once again the greatest source of funding for nursing and residential care facilities as of 2007. (U.S. Census Bureu)

According to the 2007 Service Annual Survey:

The Service Annual Survey provides data annually to help get an idea of our nation’s current economic standing in the health field. The survey was conducted with the participation of 70,000 service companies and collected revenue, expenses, and e-commerce sales. Professional, trained health practitioners or social workers conducted all establishments involved in this survey.

Last Modified April 27, 2009 @ 11:39 pm
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