Finance

3 ways to take the pain out of prior authorizations

Obtaining prior authorizations can cost your practice some 14 hours of staff time per physician per week.

This whitepaper explains the three key capacities your IT partner should be able to offer you, so you can confidently hand this administrative burden off to them.

  • Know when an order has been created
  • Determine whether an authorization is needed
  • Obtain that authorization on your practice’s behalf

Free your staff up from hours of phone work every week. This whitepaper shows you how.

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National Health Investors on board for $25 million skilled nursing project

National Health Investors, Inc. (NYSE: NHI) entered into an agreement to finance the development of a 144-bed skilled nursing facility near Milwaukee, a $25.35 million commitment with a 9.5% initial yield.

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BrightSpring, PharMerica to merge

Long-term care pharmacy PharMerica intends to merge with BrightSpring Health Services, a large provider of home- and community-based care.

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DC, Virginia long-term care costs steadily rising

The Richmond Times-Dispatch reports that a report shows the median annual cost of a private room in a nursing home went up nearly 7.7 percent to $102,200 from 2017 to 2018.

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Investors keep buying into skilled nursing facilities

Investment in skilled nursing facilities hasn’t slowed down despite persistent dark clouds surrounding the industry’s outlook.

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Improper pay rates down $4.59 billions, CMS says

 A sharp drop in home health improper payments, in particular, is a big part of the reason why.

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PharmScript acquires Doehring’s LTC Pharmacy

"PharmScript is excited to build on its momentum in the Midwest with the acquisition of Doehring's," said Michael Segal, CEO of PharmScript.

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Market leads providers to expect spike in insurance costs

Liability insurance rates for senior living and long-term care (LTC) providers are expected to go up anywhere from 5% to 30% in 2019.

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Non-profit nursing homes sales draw focus from NY Charities Bureau

The state’s Charities Bureau this month released new guidance governing the sale of non-profit nursing homes to for-profit entities, citing concerns that the deals often fail to benefit vulnerable nursing home residents.

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Ohio nursing home receives $100k loan, may not be enough

What has become an annual loan from the general fund to the county-run nursing home is lower this year but still necessary, officials say.

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