Summary: Government payments escalate, Nursing home quality concerns escalate, Medicare and Medicaid are created and costs explode, Medicare/Medicaid statistics, Medicare slashes nursing home coverage, The "Fevered Fifty" soar and crash. Welfare programs for nursing home care are expanded. Government payments escalate. More money is routed into home and community-based services. Demand for nursing home beds increases. Nursing home quality concerns escalate. Medicare is created. The Older Americans Act is enacted. Medicaid is created as an afterthought. Medicare coverage for nursing homes is limited. Medicaid provides coverage for nursing home care. Medicare costs quickly exceed projections. Medicaid costs quickly exceed expectations. Nursing Home Supply, Expenditures, and Utilization, Mid-Twentieth Century Moss Amendments strengthen fire and nursing standards. Intermediate Care Facilities create catch-all for non-compliant homes. Hundreds of nursing homes close, but quality remains a concern. Medicare cuts nursing home coverage drastically. Stocks of the Fevered Fifty publicly-traded nursing home companies soar, then crash. ‹ Quality of Nursing Home Care National Concern up Welfare programs for nursing home care are expanded. › Printer-friendly version