Momentum builds as ‘superior’ ACOs saved Medicare $3.5B, analysis finds
By
Danielle Brown
Dec 03, 2019
Accountable care organizations are likely here to stay despite concerns by long-term care leaders after an analysis revealed ACOs have saved the federal government more than $3 billion.
Therapy staff cuts, PDPM will save Genesis $30M, CEO says
By
Danielle Brown
Nov 07, 2019
Genesis Healthcare should see its annual operating costs reduced by $30 million as it focuses more on group and concurrent therapy services under the newly implemented Patient Driven Payment Model, CEO...
Genesis announces lease/buy-back agreement for 18 SNFs
By
Danielle Brown
Oct 16, 2019
One of the nation’s top post-acute care providers has entered into a lease agreement that would allow it to buy back 18 skilled nursing facilities it previously leased.
AHCA’s Parkinson pushes for compassionate care; signs three-year contract extension
By
Danielle Brown
Oct 14, 2019
The thousands of examples of compassionate care that providers show residents every day is why the country’s largest nursing home association “will never stop fighting for” them in Washington D.C.,...
Also in the News for Thursday, Oct. 10
Oct 09, 2019
Regular exercise is beneficial for seniors with heart problems, study finds … Nursing home residents could be targeted in latest Medicare fraud scam … Genesis HealthCare will still operate nursing...
Therapist advocates sharing layoff concerns with CMS
By
Danielle Brown
Oct 03, 2019
Therapist groups are voicing their concerns about skilled nursing layoffs and reorganization plans in response to the new Patient-Driven Payment Model to federal authorities.
PDPM’s arrival brings reports of therapist layoffs, cuts
By
Danielle Brown
Oct 02, 2019
One expert believes there will be an “evolution of therapy” for skilled nursing operators under the new Patient-Driven Payment Model as reports surfaced of layoffs and reorganization following the...
Also in the News for Monday, Sept. 16
Sep 15, 2019
Connecticut gives nursing homes temporary funding reprieve … Genetic cancer risk scam aimed at seniors potentially stealing ‘millions’ from Medicare … Researchers use mobile games to detect cognitive...
September Business Briefs
Sep 06, 2019
» Genesis Healthcare aims to own or have buying options on 30% of its portfolio by late next year. The post-acute giant has shed 136 properties since 2016, but CEO George V. Hager Jr. said “favorable...