Obama opens the door for drastic new Medicare, Medicaid cuts for nursing homes
Jun 16, 2009
Frayed nerves were showing in the provider community Monday after President Obama announced his intentions Saturday to cut $313 billion more from Medicare and Medicaid over the next 10 years. The proposed...
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...
Nursing home lobbyists urge lawmakers for change but don’t expect long-term care reform
Jun 05, 2009
Hundreds of nursing home owners and operators blitzed congressional buildings in Washington on Thursday, pressing lawmakers for better Medicare payments, a halt to post-acute payment bundling system talk...
Rockefeller introduces bill making MedPAC independent executive branch agency
May 27, 2009
The Medicare Payment Advisory Commission (MedPAC) is a legislative entity whose purpose is to advise Congress on matters of Medicare reimbursement rates and coverage policies. Now, one senator has introduced...
Nursing home groups suggest $1 billion Medicare cuts could cost even more
May 13, 2009
Nursing home representatives and healthcare groups continued their attacks against a proposed FY 2010 $1.05 billion Medicare reduction on Tuesday with the release of a report indicating the cuts could...
Baucus, Grassley propose ‘bundling’ of post-acute payments; nursing home groups object
Apr 30, 2009
Sens. Max Baucus (D-MT) and Charles Grassley (R-IA) this week released several policy ideas for revamping America’s healthcare delivery system. Many of these would affect the long-term care and post-acute...
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...
Leaders applaud Finance Committee’s hearing on long-term care reform
Mar 26, 2009
Providers heaped praise on the Senate Finance Committee for its hearing Wednesday addressing the role of long-term care reform in general healthcare reform.
Popular union for nursing home workers withdraws from healthcare reform dialogue
Mar 10, 2009
The largest union representing long-term care workers in the United States has withdrawn from a coalition of healthcare reformers intent on issuing widespread recommendations for lowering costs, according...
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...