Good article in the NYT about the PACE program's growth and success in keeping seniors in the community and out of nursing homes. But does it actually save money? The article implies the program saves the gov't $1700 a month over nursing home care but the question is would these same people otherwise be in a nursing home?
http://www.nytimes.com/2012/02/24/nyregion/managed-care-keeps-the-frail-out-of-nursing-homes.html?_r=1&emc=tnt&tntemail1=y
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