Provider shares take a hit on news of CMS reimbursement cuts
Aug 02, 2011
Shares of major skilled nursing facility operator stocks took a nosedive Monday morning following Friday’s announcement that the Centers for Medicare & Medicaid Services are cutting Medicare reimbursements...
Obama Medicaid rule would discourage provider reimbursement cuts
May 04, 2011
The Obama administration has proposed a rule that would make it harder for states to reduce Medicaid payments to nursing homes, doctors and hospitals. The rule would help federal and state officials implement...
Obama endorses letting Medicare Payment Advisory Commission set payment rates
Jun 08, 2009
The move to empower the Medicare Payment Advisory Committee to enact its own policy proposals gained significant traction last week when President Obama said in a letter to lawmakers that he would be open...
Brennan to lead new CMS office
Nov 20, 2014
Niall Brennan is the first Center for Medicare & Medicaid Services Chief Data Officer, the agency announced. He will lead the new Office of Enterprise Data and Analytics.
Bill would crack down on nursing home abuses
Feb 14, 2008
Nursing home operators with severe care deficiencies could face civil money fines up to $100,000 – 10 times the current maximum – under a new bill set to be introduced today in the U.S. Senate.
Study debunks long-term care Medicaid ‘myth,’ researchers say
Mar 10, 2009
More individuals are willing to pay privately for long-term care services than previously thought, authors of a new study assert. The result offers both more hope for nursing home providers and a realization...
Report: Nursing home stocks weathering economy OK, but reimbursement concerns loom
Apr 27, 2009
At least a handful of for-profit nursing home companies’ stock values are holding strong, despite an overall shaky economy, a new Dow Jones report notes. The key has been relatively stable Medicare...
CMS updates SNF Medicare manual to implement sequestration cuts
By
McKnight's Staff
May 16, 2013
The Centers for Medicare & Medicaid Services has updated the online Medicare Provider Reimbursement Manual, modifying instructions related to the 2% reimbursement reductions resulting from sequestration.
Rule aimed at reducing red tape to come later, or maybe not all
By
Kimberly Marselas
Jul 20, 2022
The Centers for Medicare & Medicaid Services has officially delayed action on a three-year-old proposal to reduce some duplicative and “unnecessary” requirements for nursing homes another year, with...
Study: Medicaid underfunds nursing homes by $4.2 billion, providers call for pay hike
Oct 23, 2008
Medicaid is underfunding state long-term care efforts by $4.2 billion this year, according to a new analysis of Medicaid financing released Wednesday by the American Health Care Association.