The development and rollout of new standalone long-term care insurance products has been almost non-existent for a decade. Aiming to break that trend, New York Life Insurance Company recently rolled out a new and innovative long-term care insurance product...
The Next Generation Accountable Care Organization (ACO) Model netted Medicare about $62 million in net savings in its first year of operations — and cutting spending in skilled nursing facilities was a key driver for the decrease.
Revisions to the State Operations Manual were released to state survey agencies by David Wright, the director of the Quality, Safety and Oversight Group at CMS, and are effective immediately with no further changes.
The research focused on 22 hospitals that participated in lower joint replacement episodes within the Bundled Payments for Care Improvement (BPCI) program and the Comprehensive Care for Joint Replacement model.
Acute care providers get a payment increase from Medicare of 3% and long-term care hospitals receive an update of 1.35% in a final rule issued Thursday by the Centers for Medicare and Medicaid Services (CMS).