I have been blessed with an astute business mind, and am always on the lookout for new pricing models for long-term care. I know we're in this profession for love, not money. But no margin, no mission, as they say. Which is much better than what they used to say — no profit, no point.
As value-based payment and delivery models take hold in Medicare, providers must shift their focus from managing stays to managing episodes of care. Experts from Avalere Health leading a McKnight's Sept. 23 free webinar will delve into how key episode-level data can help long-term care managers form strategies for participating in new models and networks.
A funny thing happened on the way to a semi-annual eye-rolling over a MedPAC report. It gave me reason to sit up with interest. Even more unlikely, it contained information that made some long-term care providers happy.
When you talk to experts in this field about the year ahead, an unsettling pattern soon emerges. Almost everyone seems fairly confident that regulators will be taking a much closer look at operators.
It's hard to comment on the Commission on Long-Term Care's just-submitted report without getting hacked off. Really, really hacked off. To call it a fool's errand would be to insult misdirected dimwits.
The nation's skilled nursing facilities can expect an aggregate $500 million boost in Medicare payments next year — $320 million less than the Centers for Medicare & Medicaid Services proposed.
If you hang around long enough, you learn there are only two things long-term care providers fear after Republicans and Democrats. That would be hospitals and doctors.
President Barack Obama has named the final three members of the Commission on Long-Term Care created as part of January's fiscal cliff deal.
Nursing homes need to build relationships with their local hospitals to reduce unnecessary readmissions, cut costs and provide better care, a geriatric expert said Thursday.
Healthcare providers are increasing coordination to reduce the cost of care, but overly zealous consolidation can actually end up costing more, an expert panelist said at a Monday briefing.
Republican House leaders say they will continue to fight a part of the healthcare reform law that could lead to Medicare spending reductions without direct input from Congress. The House was scheduled to vote on rules for the 113th Congress Thursday. Part of them would include a GOP-promoted package that would disallow powers of the Independent Payment Advisory Board (IPAB).
As federal debt negotiations continued Wednesday, an industry group unveiled its three-part plan for reform in post-acute care.
While many states have increased provider taxes since 2008, many also raised payment rates for skilled nursing facilities, according to a three-year study from the General Accountability Office.
Medicare service providers cannot object to a Medicare Recovery Audit Contractor's (RAC) decision to re-open a payment decision, a federal appeals court ruled Tuesday.
It's not too late to register for today's McKnight's Super Tuesday Webinar "2012 Reimbursement Update: The Least You Need to Know," which can earn you one free continuing education credit.
Assisted living residents generally are from mid- to high-income households, and the majority can pay for care on their own, a survey released Friday reveals.
Last week, three reports issued by three separate government agencies made incongruent recommendations — or no recommendations at all — related to skilled nursing facility (SNF) patient care and policy. This spotlights precisely how federal policymaking is hampered by "siloed thinking."
Providers from around the country are already making the sixth annual McKnight's Online Expo the most successful version yet. They have signed up in record numbers for the virtual trade show, which takes place next Wednesday and Thursday from the comfort of wherever your computer can get an Internet connection.
More registrants than ever are prepping for the fifth annual McKnight's Online Expo, which kicks off Wednesday and Thursday at a keyboard near you.
The sixth annual McKnight's Online Expo is almost ready to begin. More than 20 industry vendors will exhibit at this annual event, which runs March 21-22. Attendees again will be able to earn up to five free NAB-approved continuing education (CE) credits. Free registration is ongoing at McKnights.com or by clicking here. A record number of professionals have attended and earned thousands of CEs during the past three years. The virtual trade show will get operators up-to-speed on the hottest topics in long-term care: payment, capital, technology, wound care and quality.
The House Energy and Commerce Committee voted to repeal the Affordable Care Act's Medicare payment board Tuesday morning.
The McKnight's Online Expo returns for a sixth successful year with five educational webcasts March 21 and 22. After a successful debut last year, a series of six affiliated monthly "Super Tuesday" webcasts again will follow.
The sixth annual McKnight's Online Expo is almost ready to begin. More than 20 industry vendors will exhibit at this annual event, which runs March 21-22. Attendees again will be able to earn up to five free NAB-approved continuing education (CE) credits. Free registration is ongoing at McKnights.com or by clicking here. A record number of professionals have attended and earned thousands of CEs during the past three years. The virtual trade show will get operators up to speed on the hottest topics in long-term care: payment, capital, technology, wound care and quality.
The Sixth Annual McKnight's Online Expo is just around the corner. The virtual trade show will get you up-to-speed on the hottest topics in long-term care: payment, capital, technology, wound care and quality. The event kicks off Wednesday, March 21 and continues on March 22.
Medical necessity has become a common phrase in healthcare terminology, but what exactly does it mean? Unfortunately, this term has become very subjective and is the primary reason we have been denied payment for services.
Is your facility scrambling to stay on top of possible Medicare changes with MDS 3.0? Let McKnights' last 2011 Super Tuesday webinar, "Keeping pace with the MDS 3.0," get you up to speed.
The Centers for Medicare & Medicaid Services will host a national provider call Tuesday on skilled nursing facility payment changes for 2012 based on the new MDS 3.0 assessment system. Officials have called for an average 11.1% payment cut to providers, causing an uproar in the long-term care community. A huge audience at this government-sponsored call is all but ensured. Pre-registration is necessary by Monday. EDITOR'S NOTE: This session has been filled; federal officials will be coming out shortly with details about another opportunity the afternoon of Sept. 1.
Providers will learn about "Payment challenges and opportunities" Tuesday at the next McKnight's Super Tuesday webcast. Free CE credits will be offered for the first time. The event kicks off at 2 p.m. (Eastern) May 3 (this Tuesday) and will feature McKnight's "Ask the Payment Expert" columnist Patricia Boyer, MSN, NHA, RN, as well as top McKnight's editors. Free registration for the event is ongoing at www.mcknights.com/expo2011.
Record crowds on Wednesday attended the first day of the 5th Annual McKnight's Online Expo, which wraps up today with seminars focusing on payment issues and new quality initiatives. It's not too late to register for these events at www.mcknights.com/expo2011.
Long-term care groups on Tuesday strongly criticized the latest round of recommendations to Congress from the Medicare Payment Advisory Commission.