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.
After being sworn in as Health and Human Services Secretary under President George W. Bush, three-time Utah Governor Mike Leavitt was taken to an undisclosed location by “very serious men in black cars” to learn his duties of being in the line of succession to the presidency. One of those duties was attending periodic intelligence briefings for situational awareness of what was happening in the world.