In the executive order signed on his first day in office, President Trump instructed federal agencies to prepare to grant states more flexibility in managing their health care programs, possibly clearing the way for Medicaid block grants. How could block grants affect seniors housing and care? Medicaid Funding & Block Grants Medicaid is currently funded […]
Shortly after the U.S. presidential election, the Senate and House began the formal process of repealing the Affordable Care Act (ACA). Then, within hours of his inauguration, President Donald Trump signed an executive order instructing all federal agencies “to minimize the unwarranted economic and regulatory burdens of the Act, and prepare to afford the States […]
From a regulatory perspective, 2016 was certainly a busy year in seniors housing and care. From new bundled payment models to revised participation requirements, the Centers for Medicare and Medicaid (CMS) rolled out new guidance and rules at a rapid pace. With a new administration and a new leader at the helm of Health and […]
Data is quickly becoming a must-have for skilled nursing providers looking to shore up their post-acute business. Post-acute patients generally have high-acuity needs that result in higher daily reimbursements, usually by Medicare. As some hospitals and Medicare Advantage plans increasingly bear more financial risk for these patients, they will seek partnerships with providers that can demonstrate their ability to provide a high level of care and potentially avoid costly rehospitalizations. With the entry of other risk-bearing entities, such as accountable care organizations, into the marketplace, the need to demonstrate value will grow.
The U.S. Government Accountability Office (GAO) concluded an investigation into Centers for Medicare & Medicaid Services (CMS) data on nursing homes, staffing practices, and financial performance by recommending that CMS make such data more easily accessible by the public and ensure the data’s validity. The agency’s report underscores the need for more and better financial skilled nursing data in the industry.