A highly critical analysis finds nearly three-quarters of U.S. nursing homes are involved in "related party transactions," often funneling money to sister companies while claiming to be cash-strapped to worried employees and patients.
As national director of property management for Emeritus Senior Living, I am responsible for overseeing more than 505 locations throughout the U.S. While it is a daunting task, I have found ways to streamline some of the activities that are common to all locations that make it easier to support our business.
The next McKnight's Super Tuesday webcast will help providers discern if they are prepared to be a preferred "connected" partner of hospitals and physicians. The free event takes place at 1 p.m. Eastern on Aug. 5 and offers Continuing Education credit at no cost.
At this point, you're well aware that the Affordable Care Act is putting pressure on post-acute providers to partner with hospitals and physician groups. A recent whistleblower case in California highlights just how important this systemic transformation is — but another legal battle making headlines underscores how difficult it might be to "right size" the U.S. healthcare system.