1. Minnesota’s Seniors Public Policy Issues
Crisis in Long Term Care
Minnesota’s Seniors Public Policy Issues
March 13, 2013

2. % of Nursing Facilities at Risk of Closure (Operating Margins of -5% or Worse)
Approximately 85 Nursing Facilities in MN are facing a financial crisis, placing more than 12,000 jobs at risk.
Northwest 21.1%
Northeast 45.0%
West Central 20.8%
Legend
East Central 29.4%
=<15%
=15%-25%
=25%-35%
Metro 8.2%
=>25%
Southwest 23.7%
Southeast 32.7%
LTC Imperative 2011 Nursing Facility Financial Survey Prepared by CliftonLarsonAllen LLP

3. The Wage Gap Senior Living Workers Underpaid in the Marketplace
Gap=$17.39 per hour or $36,171 per year
Gap=$15.77 per hour or $32,802 per year
Gap=$2.07 per hour or $4,306 per year
Gap=$1.81 per hour or $3,765 per year
Gap=$5.79 per hour or $12,043 per year
Gap=$6.13 per hour or $12,750 per year
Sources: 2011 LTC Imperative Salary Survey and 2011 MN Health Care Cost Information Service Hospital Salary Data

4. Staff Turnover
Source: American Health Care Association, LTC Trend Tracker

5. Assisted Living (Elderly Waiver Customized Living)
Rate Changes
Nursing Facility and Elderly Waiver/Customized Living
Assisted Living (Elderly Waiver Customized Living)
Nursing Facility
No base increase in last four years
In 2011, 70 low rate homes received increases of up to 2.45%
In 2012, 7 homes were designated “critical access” and received rate increases
Source: LTC Imperative 2012