Liability loss rates vary widely among individual states depending on tort reform, use of arbitration, the jittery market and many other factors, notes a new analysis. Read More »
Congressional and White House leaders reached a late-night federal budget deal that would include across-the-board 2-percent Medicare cuts. Read More »
With its latest agreement, Presbyterian SeniorCare targets even more ambitious partnerships to expand long-term care services in Western Pennsylvania. Read More »
In 2014, Larry Slatky was charged with allegedly giving a laundry contract for a publicly run nursing home to a friend's company instead of hiring the lowest bidder. Read More »
The Centers for Medicare and Medicaid announced that 2,100 participants have moved on to the contract, risk-bearing period of the bundling pilot program. Read More »
Capital One acquired $8.5 billion of healthcare-related loans and the Healthcare Financial Services of General Electric Capital Corporation. Read More »
Legislation to inform Medicare beneficiaries of their outpatient status has passed through the legislative branch without a hitch. Now, it’s off to the White House. Read More »
Anthem’s purchase of Cigna constitutes the largest health insurance deal in history, but regulators will be watching closely for impacts on market competition. Read More »
According to data analysis by the National Investment Center for Seniors Housing & Care (NIC), independent and assisted living properties are feeling the pinch. Read More »
Performance-based reimbursement requires an efficient approach to documentation and data collection. Between readmission penalties and the IMPACT Act of 2014, the data we use to demonstrate quality outcomes is quickly becoming the currency of our business. Success in the changing reimbursement models means we need to take a data-driven, proactive approach to improving care and quality of life in nursing homes.The Affordable Care Act of 2010 resulted in a provision to develop standards we now know as “QAPI” programs or Quality Assurance & Performance Improvement programs.QAPI is the foundation.Click here to read more. Read More »
Even the little bills mean a lot. The right accounts payable technology can help LTC communities keep their business partners happy and avoid costly late fees. Read More »
The Centers for Medicare and Medicaid Services (CMS) recently issued various documents related to the electronic submission of staffing and census information in an effort to promote greater accountability for long-term care facilities. Referred to as “Payroll Data Submission – Payroll Based Journal (PBJ) Reporting,” this new reporting structure will be mandatory effective July 1, 2016.Read on to learn about the goals of PBJ, what these additional requirements mean to providers, how to approach and implement the changes, and how to address the challenges that must be considered.Click here to read more Read More »
About half of households that have members aged 55 or more years have no retirement savings, and many of those households have few other resources to fund their post-work years, according to a new analysis by the Government Accountability Office. Read More »
Leaders from organizations representing providers of housing, care and services for older adults say they continue to scrutinize the 653-page proposal of reforms to Medicaid managed care plans that the Centers for Medicare & Medicaid Services issued May 26, but they shared their initial reactions with Long-Term Living. Read More »
The Florida chapter of the Assisted Living Federation of America has partnered with the state's Agency for Health Care Administration to streamline the initial licensure process for assisted living communities in the state. Read More »
