Long-term care providers could have good reason to worry that forthcoming Medicare reforms could cut into their reimbursements, following a two-day hearing on Capitol Hill. Lawmakers reiterated pledges to permanently change the way physician payment rates are calculated. They also emphasized that provider reimbursement cuts and beneficiary cost-sharing might very well be needed due to the price-tag on the policy shift.
Medicare beneficiaries can continue to press their case that hospitals' observation stay practices are violating patient rights, a federal appeals court ruled Thursday.
Recently implemented Medicare penalties are having a greater impact on hospitals than newly available bonuses, according to a Kaiser Health News analysis.
Former nursing home CNA gets probation, fine for providing resident info to notorious identity thief ... Number of nurse practitioners doubled in the last decade ... CMS launches star ratings for dialysis providers ... Chicago is worst city for bedbugs
Workers are leaving long-term care at a faster rate than they are joining the field, according to a new report from the University of California, San Francisco. And many people experience poverty after leaving long-term care jobs, suggesting that employers and policymakers urgently need to ensure the safety of these workers and boost professional development efforts, report authors argue.
» Walker & Dunlop said a $9.9 million loan for the refinance of Vista Healthcare Center in California has closed. The center has 187 skilled nursing beds. The transaction was processed through the HUD's LEAN program. The borrower, LifeHOUSE Health Services, will be able to pay off existing intra-company debt and take advantage of a long-term sub-4% rate. The loan is "somewhat unique," the firm said, as it carries a one-year lockout period with four years of lower-than-standard prepayment penalties.
Kindred Healthcare will expand its headquarters and add about 500 jobs, the company announced in December.
Long-term care providers should prepare for higher liability costs. They are anticipated to increase by 5% on a national basis in 2015, according to a new analysis from the American Health Care Association/National Center for Assisted Living and Aon Global Risk Consulting, an arm of insurer Aon plc.
NEW JERSEY — Lawmakers here will soon debate the merits of a bill that would require the state to pay facilities up to half of the money owed for uncompensated care for residents whose Medicaid applications remain mired in limbo after three months.
FLORIDA - A nursing home building boom may be on the horizon following the end of a 12-year moratorium.
MISSISSIPPI — Postal inspectors allege nursing home employees here and in California may have unwittingly referred families and residents seeking help with Medicaid and veterans' benefits to an individual who allegedly filed troublesome paperwork and defrauded others of hundreds of thousands of dollars in what they described as a sophisticated Ponzi scheme.