As King Veterans Home brings in money, both parties reallocate it

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Using veterans nursing homes as million-dollar moneymakers for the state has been a longstanding practice in Wisconsin, endorsed by both political parties over the past decade.

Under Democratic Gov. Jim Doyle, the state transferred more than $21.2 million from the homes. Under Republican Gov. Scott Walker, the state transferred $12 million from its nursing homes and says it plans to transfer another $18.6 million over the next two fiscal years.

It’s a practice researchers say is highly unusual, as nursing homes nationwide struggle with low Medicaid reimbursement rates and high health care costs. But Wisconsin’s veterans nursing homes are financially booming, making more money every year.

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