Budget

Five simple ways to contain costs

Five simple ways to contain costs

In today's challenging business environment where providers are expected to do more with less, it's the ideal time to evaluate all of your major cost centers. In the non-payroll category, two of the biggest areas of opportunity are in food and medical supplies. To that end, there are a number of things to be considered when looking for ways to save money for your organization.

Stability sought via budget deal

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Providers are likely looking forward to a fiscal 2014 with generally stable funding sources and no repeat of a government shutdown. The Senate was expected to vote on and pass a massive $1.1 trillion government spending bill as early as late this week. The House overwhelming passed it on Wednesday. The bipartisan agreement would keep payment levels to providers stable with those from 2013, which included sequestration cuts across most sectors. At 1,583 pages, the omnibus bill is a compromise for both major political parties. It funds the government through September and also sets overall spending limits for the next two years.

Budget deal extends Medicare's 2% cuts

Budget deal extends Medicare's 2% cuts

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Long-term care providers face an additional two years of reduced Medicare reimbursements under a federal budget compromise hammered out in December.

Part Two: Keeping construction projects on time and under budget

Part Two: Keeping construction projects on time and under budget

Every construction project has two phases: planning and building. Often not enough effort is put into the first before the second begins. By putting more time and consideration into organizing, senior living providers will be better able to manage costs in the long run.

Murray, Ryan begin budget negotiations as long-term care providers analyze White House plan

Murray, Ryan begin budget negotiations as long-term care providers analyze White House plan

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Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA) met Wednesday to discuss budget negotiations. The architects of the House and Senate budgets had a "constructive discussion" and are "working to find common ground," according to a joint statement. Medicare funding is one major roadblock to an agreement.

Anticipated Obama budget would hurt healthcare for seniors, critics say

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Substantial Medicare cuts will be on the table after the White House budget is released Wednesday, administration officials have indicated. The proposed budget is expected to include about $400 billion in Medicare savings over 10 years.

Ryan's budget targets Medicare and Medicaid

Ryan's budget targets Medicare and Medicaid

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The House Budget Committee approved the latest spending plan from Chairman Paul Ryan (R-WI) in March. The vote was 22 to 17 along party lines.

Debate over healthcare spending continues as House, Senate pass budgets

Debate over healthcare spending continues as House, Senate pass budgets

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Both houses of Congress passed budgets late last week, setting up the next phase of the ongoing debate over healthcare spending.

Senate Democrats' budget focuses on cost savings through the Affordable Care Act

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Senate Budget Chairman Patty Murray (D-WA) unveiled a proposed budget Wednesday, offering a plan that contrasts with the one offered earlier in the week by Rep. Paul Ryan (R-WI).

Ryan budget proposal calls for Medicare vouchers, Medicaid transformation

Ryan budget proposal calls for Medicare vouchers, Medicaid transformation

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Rep. Paul Ryan (R-WI) submitted a proposed budget calling for large cuts to Medicaid and partial privatization of Medicare on Tuesday. The budget — which includes repealing the Affordable Care Act — would save the federal government $2.5 trillion in healthcare costs over the next decade, according to Ryan.

White House will not touch Medicaid in proposed budget

White House will not touch Medicaid in proposed budget

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The Obama administration will not cut Medicaid spending in its upcoming 2014 budget proposal, according to senior White House advisor Gene Sperling, director of the National Economic Council. Sperling spoke Thursday at a Washington, D.C., event sponsored by Families USA, an advocacy group for healthcare consumers.

'Bed tax' reform threat looms

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Nursing homes could be hurt if the federal government lowers the Medicaid provider tax safe harbor threshold to reduce the national deficit, according to a January report from the Congressional Research Service.

Medicare, Medicaid fight could take center stage after debt ceiling extension

Medicare, Medicaid fight could take center stage after debt ceiling extension

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Medicare and Medicaid funds could face steep cuts in the House of Representatives' 2014 budget. GOP congressional leaders have promised dramatic spending reductions to rally conservative support for a three-month extension of the nation's debt ceiling without the condition of spending cuts. With a debt ceiling extension approved, legislators likely would tackle sequestration cuts scheduled to take effect March 1.

Nursing homes on front line as White House weighs 'bed tax' reform

Nursing homes on front line as White House weighs 'bed tax' reform

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Nursing homes could be hurt if the federal government lowers or eliminates the Medicaid provider tax threshold to reduce the national deficit, according to a recent report from the Congressional Research Service (CRS).

Nursing home lobbyists fight back against proposed provider tax reduction

Nursing home lobbyists fight back against proposed provider tax reduction

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As lawmakers negotiated a budget deal Thursday, the American Health Care Association voiced its objection to cutting the Medicaid Provider Assessment statutory threshold.

National organizations defend 'bed taxes' in letters to White House, Congress

National organizations defend 'bed taxes' in letters to White House, Congress

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A group of 20 national healthcare organizations supporting current allowable "bed tax" levels, have asked the ceiling not be changed as part of current federal budget talks in a letter sent Tuesday to President Obama and the leaders of Congress.

Post-election Congressional action might not be so 'lame'

Post-election Congressional action might not be so 'lame'

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Like a pedestrian at a dangerous intersection, long-term care providers find themselves waiting for the stoplight to change when it comes to reimbursement policy.

A nudge toward budgeting

A nudge toward budgeting

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There is many a manager who has been told "work on the budget" and left to sink or swim. If that's different in your facility — that is, if each nurse manager is giving a course in the budgeting — I congratulate you. Otherwise, I have a helpful recommendation.

A nudge toward budgeting

A nudge toward budgeting

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There is many a manager who has been told "work on the budget" and left to sink or swim. If that's different in your facility — that is, if each nurse manager is giving a course in the budgeting — I congratulate you. Otherwise, I have a helpful recommendation.

A nudge toward budgeting

A nudge toward budgeting

By

There is many a manager who has been told "work on the budget" and left to sink or swim. If that's different in your facility — that is, if each nurse manager is giving a course in the budgeting — I congratulate you. Otherwise, I have a helpful recommendation.

Consumer group cries foul over GOP's 2013 budget

Consumer group cries foul over GOP's 2013 budget

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The fiscal 2013 budget, which was passed in the House, would cause seniors' healthcare costs to surge and wreak havoc on Medicare and Medicaid, two new reports suggest.

Our elected officials: patriots or lackeys?

Our elected officials: patriots or lackeys?

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It's becoming increasingly obvious that our elected leaders need to quit playing political chicken. Otherwise, there are going to be some bleak days ahead for We the People.

New budget proposal would slash Medicaid, repeal the Affordable Care Act

New budget proposal would slash Medicaid, repeal the Affordable Care Act

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The proposed fiscal 2013 budget released by Rep. Paul Ryan (R-WI) Tuesday would repeal the Affordable Care Act and cut Medicaid spending by $810 billion over 10 years.

CBO: Obama budget would achieve Medicare and Medicaid savings by cutting provider payments

CBO: Obama budget would achieve Medicare and Medicaid savings by cutting provider payments

An analysis of President Obama's proposed fiscal 2013 budget found it would lower government spending on Medicare by $276 billion and Medicaid by $66 billion over 10 years.

Nursing home groups respond to Obama's proposed Medicare and Medicaid cuts

Nursing home groups respond to Obama's proposed Medicare and Medicaid cuts

Provider groups are urging President Obama to consider nursing home funding when he releases his fiscal 2013 budget next week. The budget proposal is expected to include Medicare cuts worth $248 billion and Medicaid cuts of up to $72 billion.

Obama's budget proposal would reduce Medicare payments

Obama's budget proposal would reduce Medicare payments

President Obama's 2013 budget proposal calls for spending cuts to Medicare and Medicaid, including a reduction in Medicare payments to nursing homes.

LeadingAge: Tough times ahead for long-term care providers

LeadingAge President and CEO Larry Minnix openly acknowledged Wednesday afternoon that the next two years could be tense and difficult for long-term care providers. He was just one of a handful of experts painting a grave outlook.

Assisted living sector adds jobs

In the midst of glum employment news, the assisted living sector offers a bright spot: It created 3,900 jobs in August, according to the Bureau of Labor Statistics.

Republicans and Democrats spar over entitlement cuts

The U.S. Senate's vote rejecting Republicans' proposed 2012 budget — and all of its provisions to drastically overhaul Medicare and Medicaid — means both sides are back to debating how to best balance the federal budget.

Federal funding for age-related diseases and illnesses is declining, report finds

Federal funding for age-related diseases and illnesses is declining, report finds

One of the realities of the national budget crisis is that government funding for age-related health conditions — particularly Alzheimer's — is drying up, says a new report from the Alzheimer's Foundation of America.

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