Ask the Payment Expert about … how the survey process has changed
Has the new survey process really changed much?
Print Issue: April 01, 2018
CommuniCare buys 13 SNFs
Cincinnati-based CommuniCare Health Services has purchased 13 long-term care facilities previously managed by Atrium Centers. With the acquisition, the privately held company expands its holding to more than 80 facilities in seven Mideast and Atlantic states and employs more than 10,000. “It’s fufilling to be able to extend our reach,” said CommuniCare Executive Vice President…
SNF bed prices drop by 18%, as industry challenges mount
After setting records for five straight years, the average price per-bed for skilled nursing facilities plunged 18% in 2017, according to acquisition data published by Irving Levin Associates. The media company blamed the drop (to $81,350 per bed) on Medicare reimbursement cuts, reduced lengths of stay, rising labor costs and declines in occupancy. “Given the…
Lawmakers target SNFs’ big payer for fraud, waste cuts
A pair of Congressional subcommittees focused on oversight have banded together to examine ways to reduce Medicaid fraud and waste.
Need some success? You just need to be like Mike
Why would anyone who lives in the Chicago area ever need 700 more pages of Michael Jordan, I thought when I saw the gift. We all soaked up his inimitable wonder — and ungracious blemishes — for years.
Report forecasts ‘bright future’ for SNFs
Despite falling occupancy and mounting Medicare payment pressures, a national consulting firm says providers are poised to benefit from the changing industry. “The Silver Tsunami and the increasing capabilities of SNFs suggest that the future will be bright for facilities that can provide high-quality, cost-efficient care,” Plante Moran said in its first “Make the Mark”…
ACOs save on backs of SNFs
Providers taking part in a Medicare experiment saved money by funneling care away from skilled nursing facilities and toward physician services, according to a new analysis.
State News for April 2018
LOUISIANA 16,500 could be forced out of SNFs in funding fight About 60,000 elderly or disabled Medicaid recipients in Louisiana are being told they should expect to lose their benefits in July, and advocates say more than a quarter of them could be forced out of the long-term care facilities they call home. The notifications…
Ask the Legal Expert about … off-duty abuse allegations
A member of our executive team is going through a divorce where his ex-wife alleges physical abuse. What should we do?
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