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Tellatin, Short, Hansen & Clark, Inc.

Seniors Housing and Healthcare Valuations, Market Studies and Consulting Services

"Our valuation assignments in seniors housing and health care are widely accepted by all major lenders and insurers of these property types."

- Sterling Short

Case Study - Brewster, Washington

washington (91K)
In 2001, C. Mark Hansen uncovered a $10.00 per patient day reimbursement error done by the Washington Department of Social and Health Services when analyzing and forecasting the Medicaid rate for a skilled nursing facility in Brewster, Washington. Further investigation revealed that state had made this same reimbursement error on approximately 68 facilities for over a year at a total estimated cost to nursing home operators of $6,800,000. This discovery resulted in new reimbursement regulations being adopted by the State of Washington in 2001. The facility received a retroactive payment for the error going back for over a year.