News

Aggressive Advance Care Planning Shown To Cut SNF Costs, Hospitalizations

April 26, 2016, Emily Mongan, McKnights - Nursing homes that implement advance care planning programs and train staff in palliative care may see lower costs and fewer hospitalizations, according to new researchpublished…

Final Managed Medicaid Rule Brings LTC Updates, 85% Medical-Loss Ratio

April 26, 2016, Emily Mongan, McKnights - The 1,425 page behemoth of a managed Medicaid overhaul released this week includes a controversial provision that would allow beneficiaries needing long-term care services to switch to a different plan if their provider is not in-network.  The 

Navigating Bundled Payments

April 25, 2016, Dave Sedgwick, McKnights - "What's your take on bundled payments?"  About a year ago, investors and analysts would occasionally ask us some form of this question.  Now, virtually every time we talk with investors, analysts, and bankers, they ask.  At the end of answering questions…

Providers Welcome Proposed SNF Pay Hike, Express Concerns Over Quality Measures

April 24, 2016, Emily Mongan, McKnights - Long-term care's biggest provider groups expressed relief last week over a proposal to increase skilled nursing payments by 2.1%, but remain wary about the four new quality measures that are attached.  The Centers…

New Foreign Worker Bill To Ease Staffing Burden

April 21, 2016, Blair Jackson, Provider - Recruiting, training, and retaining caregiving staff is one of the biggest challenges for nursing care center operators. High turnover and a shallow labor pool—coupled with a nationwide shortage of nurses—make effective staffing one of the biggest…

CMS Issues Payment Rates, Policy Rules Ffor Skilled Nursing, Rehab, Hospice

April 21, 2016, Susan Morse, Healthcare Finance - The Centers for Medicare and Medicaid Services on Thursday released payment and policy changes for skilled nursing facilities, inpatient rehabilitation and hospice stays.  CMS projects payments to 

Average Cost Of Nursing Home Care Rises 2% Annually, Lincoln Report Shows

April 21, 2016, Emily Mongan, McKnights - The average national cost of both private and semi-private skilled nursing rooms increased a total of 2% over 2014, according to a new report from Lincoln Financial Group.  Lincoln's new “What Care…

Future Unknown As AdCare Seeks ‘Strategic Alternative’

April 19, 2016, Mary Kate Nelson, Senior Housing News - A former senior housing operator with a troubled past is taking steps to arrive in greener pastures.  AdCare Health Systems, Inc.’s (NYSE: ADK) board of directors is reviewing strategic alternatives for the company with the help of St.…

Brokers Clash Over The State Of Skilled Nursing

April 19, 2016, Mary Kate Nelson, Senior Housing News - Talk of consolidation in the skilled nursing industry has been circulating for quite some time, and initiatives have been launched to…

CMS Drops Payment Cut Related To Two-Midnight Rule

April 19, 2016, Elizabeth Leis Newman, McKnights - Faced with a legal challenge, the Centers for Medicare & Medicaid Services has killed a two-midnight inpatient payment cut to hospitals.  The agency will not move forward with a 0.2% inpatient payment cut to hospitals under the “two-midnight”…