Operating Loss of $500,000 Is Mainly Attributable to Loss of
Medicaid Payments from the State
By JULIA WELLS Gazette Senior Writer
Leaders at the Windemere Nursing Home and Rehabilitation Center
announced this week that the Island's only nursing home ended its
fiscal year with a staggering $500,000 operating loss, more than
$300,000 over the projected loss for the year. About half the loss can
be traced to retroactive cuts in Medicaid reimbursements.
