In a report authored in part by former Senators Tom Daschle and Bill Frist, the Bipartisan Policy Center (BPC) recently issued groundbreaking recommendations for
improving long-term care (LTC) financing. The report contains policy proposals detailed with specific steps policy makers should take to proactively tackle the issue of financing LTC for the elderly.
Recommendations
BPC recommends that employers offer…
The skilled nursing industry faces numerous risks in the current environment. However, all industries face their own risks, and the skilled nursing industry is no stranger to policy, reimbursement, or operational risk. Currently, the industry is undergoing a transformation and there will be more challenges ahead, but with transformation also brings opportunity.
It is almost certain that reimbursement pressure will…
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Over the past 55 years, the skilled nursing industry has undergone transformation. Today, it continues to evolve, bolstered by demand for more specialized and medically complex services and a payment system that continues to change.
The modern skilled nursing industry began in 1965 when Medicare and Medicaid programs were enacted. The industry saw significant growth in the following decades. Until…
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