Virginia Association of Fundraising Executives

A Grace Place Closes, Citing Medicaid Reimbursement Rates

Thursday, March 22, 2018 10:08 AM | Anonymous

A 50-year-old Virginian nonprofit, A Grace Place, which serves 150 adults with special needs every day, is closing, citing a recent reduction in reimbursement rates. Interim CEO Lynne Seward says, “Unfortunately, because the [Medicaid] rates have not increased and our expenses have, it made it very difficult to keep the business going.” She also cites an “increase in regulatory requirements.” Read more from Nonprofit Quarterly.

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