Fiscal Cliff

Ongoing budget battles reveal a deeper problem

Ongoing budget battles reveal a deeper problem

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Many long-term care providers seem to be experiencing a case of budget battle fatigue right about now. Yes, it was earlier this year that a fiscal cliff compromise was reached. And now two more budget-related crises are about to kick in? Care to guess how these developments might affect your future reimbursement outlook?

Why long-term care operators are wary - and weary - of sequestration fiasco

Why long-term care operators are wary - and weary - of sequestration fiasco

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Well, here we go again. Less than three months after President Obama and Congress narrowly avoided walking off a fiscal cliff, we're bracing for Round 2. Only this time, we're all a bit worse for wear.

Pruitt, Brachman become first Republican appointees to long-term care commission

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Neil L. Pruitt Jr. and Judith Y. Brachman are the first GOP appointees to the long-term care commission created as part of January's fiscal cliff deal.

Medicare has two more years to reclaim any overpayments

Medicare has two more years to reclaim any overpayments

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Providers will have to hold their breath a little longer after receiving Medicare payments, thanks to a little-publicized provision of recently signed fiscal cliff legislation.

Food costs may take a bigger budget bite

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Long-term care facilities should prepare to pay more for food in 2013, with prices going up as much as 4%, according to a prominent industry voice.

Long-term care commission's work unlikely to fuel changes

Long-term care commission's work unlikely to fuel changes

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The fiscal cliff avoidance deal seems to prove an adage about politics being the art of compromise. But as tradeoffs go, long-term care providers didn't fare too badly.

Latest funding deal sidesteps fiscal cliff

Latest funding deal sidesteps fiscal cliff

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Providers generally lauded a deal that kept the nation from going over the so-called fiscal cliff in January. Spared were automatic Medicare cuts to physicians and facilities.

Long-term care providers dodge bullets in fiscal cliff deal, but CLASS (Act) is out

Long-term care providers dodge bullets in fiscal cliff deal, but CLASS (Act) is out

Long-term operators are cheering that Congress averted cutting Medicare payments through sequestration this week, and they're glad that another one-year postponement of physician pay cuts didn't come at their expense.

No reason to cheer fiscal cliff 'solution'

No reason to cheer fiscal cliff 'solution'

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Should a person be congratulated and backslapped for simply doing his or her job? That's the question that should be on people's minds today as they ponder what has happened with fiscal cliff negotiations.

How can SNF's and SLC's combat their "fiscal cliff"?

How can SNF's and SLC's combat their "fiscal cliff"?

This month, "fiscal cliff" has become as much a part of the American lexicon as Happy Hanukah and Merry Christmas. For most Americans, the fiscal cliff - a mandatory 3% contraction of the federal government, is thought of as unimaginable. For Skilled Nursing Facilities (SNF) that have witnessed an 11% reduction in reimbursements in 2012, they have already endured a fiscal cliff and it is clear the future will not get any easier.

As year-end approaches with funding uncertainty, a time to recharge

As providers and countless others around the nation anxiously await the fate of "fiscal cliff" negotiations in Washington, preparations also are underway for on-site holiday celebrations and observances. Nursing care is a 24/7 business that literally never stops. However, it is also necessary for professionals to take time to pause when possible to recharge their batteries and get ready for the year ahead. The McKnight's team wishes you a happy, healthy holiday season and all the best in 2013.

Fiscal cliff notes: Why long-term care operators should take a lesson from Dr. Seuss

Fiscal cliff notes: Why long-term care operators should take a lesson from Dr. Seuss

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If you are like most long-term care professionals, you are likely watching the ongoing fiscal cliff standoff with a mixture of fear and disgust.

Harkin to fiscal cliff negotiators: 'Keep your hands off Medicaid ... Medicare'

Harkin to fiscal cliff negotiators: 'Keep your hands off Medicaid ... Medicare'

At financial discussions heat up about cuts needed to reduce the federal deficit, Sen. Tom Harkin (D-IA) called Medicaid a "lifeline" and told fellow legislators to "Keep your hands off Medicaid, and keep your hands of Medicare."

AHCA members flying to Washington to lobby for cancellation of funding cuts

AHCA members flying to Washington to lobby for cancellation of funding cuts

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As fiscal cliff negotiations continue, nine state chapters of the American Health Care Association/National Center for Assisted Living have sent representatives to meet with lawmakers in the nation's capital.

AHCA: Americans want to avoid cuts to nursing homes in 'fiscal cliff' negotiations

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While Congressional lawmakers continue to negotiate avoiding the looming so-called fiscal cliff, a long-term care provider group reports Americans oppose cutting Medicare payments to nursing homes.

Medicare up for debate in 'fiscal cliff' negotiations

Medicare up for debate in 'fiscal cliff' negotiations

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With deficit reduction all the rage in Washington, the central question remains: Where might funding cuts and revenue streams come from? Medicare is clearly in the crosshairs, continuing to make providers anxious as deficit reduction talks stretched into the weekend.

Regardless of fiscal cliff outcome, funding cuts loom

Regardless of fiscal cliff outcome, funding cuts loom

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We're hearing much out of Washington these days about the looming fiscal cliff. Assessments about its impact run the gamut from no big deal to very big deal. As is usually the case, the truth is probably somewhere in between

Medical device tax could crimp long-term care supplies, hike cost, dampen innovation, expert says

Medical device tax could crimp long-term care supplies, hike cost, dampen innovation, expert says

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A medical device excise tax scheduled to hit Jan. 1 is causing uncertainty among manufacturers and providers, a healthcare expert said Monday.

Nursing home alliance 'pleased' with Obama and Boehners' focus on fiscal ills

Nursing home alliance 'pleased' with Obama and Boehners' focus on fiscal ills

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The leader of the Alliance for Quality Nursing Home Care expressed optimism Friday after President Obama and House Speaker John Boehner (R-OH) spoke publicly about looming healthcare funding threats.

Best is yet to come? Don't tell that to providers

Best is yet to come? Don't tell that to providers

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When he gave his acceptance speech Tuesday night, President Obama told the nation that "the best is yet to come." Many long-term care operators may not be in full agreement.

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