With so much uncertainty about the changing health care payment and delivery system, can operators create new successful business strategies that attract investment, or is that just a dream on the far side of the rainbow?
On September 24, the Centers for Medicare and Medicaid (CMS) released a final rule that increases regulations on nursing homes that care for Medicare and Medicaid residents, as the vast majority of skilled nursing providers do. One of the regulations—the “headline” for many in the media—is the prohibition of arbitration clauses in new resident contracts.
In July 2015, Rep. Kevin Brady (R-TX), the House Committee on Ways and Means Chairman, introduced a measure called the Medicare Post-Acute Care Value-Based Purchasing Act of 2015. Since that time, the bill has been under committee consideration, but just over a year later, the buzz around Washington indicates that the bill may come out of committee for a vote.
Former Utah Governor, former Secretary of Health and Human Services, current founder and chairman of Leavitt Partners . . . There’s no doubt that Mike Leavitt has an impressive history. But it’s not just his resume that makes his perspective on seniors housing and care unique and exciting. Leavitt’s career is chock-full of examples when he embodied the spirit of the industry, creating his own path through innovation, collaboration, and entrepreneurship.
Boosts to Interoperability Implementation May Give Skilled Nursing a Leg-Up in Meeting CMS Requirements
Managed care is an all-encompassing term that covers a variety of methods to pay for healthcare outside the norm of fee-for-service. Medicare Advantage (MA) plans are a form of managed care, as are Managed Medicaid plans.