Senators: Recovery audit contractors might be doubling up tasks; campaign against fraud gears up
By
McKnight's Staff
May 03, 2012
Members of the Senate Finance Committee say they are concerned that the functions completed by independent contractors — known as recovery audit contractors (RACs) and Zone Program Integrity Contractors...
How to do it… Finance
May 01, 2012
Obtaining capital to keep one’s long-term care operation running smoothly and improving is always a challenge. But there are times when an operator should consider going in the other direction — exiting...
Nursing home workers sue over insurance
By
Elizabeth Newman
May 01, 2012
Two former nursing home employees may be headed to trial over what they say is their previous employer’s failure to pay into a group health plan.
Improving economy will help senior living field, expert says
By
Elizabeth Newman
May 01, 2012
Senior living operators should be cautiously optimistic due to the rebounding economy and increased consumer confidence, a lead economist said in March.
Long-term care hospital operators benefit from CMS payment reduction phase-in
By
McKnight's Staff
Apr 26, 2012
Two major long-term care hospital operators saw their stocks rise upon news that planned payment cuts will be phased in over time.
CMS issues final rule on provider identification number
By
McKnight's Staff
Apr 25, 2012
Providers and suppliers who submit claims to Medicaid and Medicare must include an identification number on enrollment applications and payment claims, according to a final rule.
Seniors housing market continued slow recovery in first quarter
By
McKnight's Staff
Apr 18, 2012
The seniors housing occupancy rate is still seeing a slight recovery in the first quarter of fiscal 2012, although rent growth and construction activity has dipped, new data shows.
CMS releases list of 27 ACOs
By
McKnight's Staff
Apr 11, 2012
Physicians largely lead the first group of Medicare Shared Savings accountable care organizations, but long-term care facilities will be an integral part of their future success, a Centers for Medicare...
Funding for Alzheimer’s research in question
By
McKnight's Staff
Apr 05, 2012
The $80 million President Obama designated to Alzheimer’s research could have more strings attached to it than previously thought, a key senator has said.
Genius for strokes
By
Julie Williamson
Apr 02, 2012
At least one stream of long-term care residents hasn’t abated; providers are finding blended therapies are boosting stroke rehab success.