CMS evaluating outcomes-based reimbursement strategies for COVID-19 tests
By
Amy Novotney
Sep 17, 2020
The Centers for Medicare & Medicaid Services is investigating a new outcomes-based reimbursement strategy for COVID-19 tests, according to an InsideHealthPolicy report. CMS Administrator Seema Verma said...
CMS releases guidance for SNFs on increasing Medicaid reimbursement rates amid pandemic
By
Amy Novotney
Aug 26, 2020
The Centers for Medicare & Medicaid Services released a Medicaid informational bulletin Monday providing guidance to states on how they can help increase Medicaid reimbursement for skilled nursing facilities...
Genesis and Ensign Group see shares drop amidst House COVID-19 nursing home investigation
By
Amy Novotney
Jun 22, 2020
Last week, a House of Representatives committee launched an investigation into how five large nursing home companies have handled COVID-19. Among the nursing homes under investigation are publicly traded...
Nursing home industry on verge of financial collapse, group claims
By
Amy Novotney
Jun 11, 2020
Even before the industry was dealing with the COVID-19 pandemic, the average nursing home was operating on a razor-thin profit margin or net loss. That’s because Medicaid reimbursements only cover 70%...
Debates arise over who should foot the bill for nursing home worker testing
By
Amy Novotney
Jun 10, 2020
Regular COVID-19 testing of nursing home staff, who are the most likely to introduce the virus to a facility and spread it to residents, has been sanctioned by experts as one of the most important ways...
Forbes: The future of nursing homes looks grim
By
Amy Novotney
May 05, 2020
Although some of short-term pandemic-related costs faced by skilled nursing facilities will likely fade over time, the industry’s current overall model may be financially unsustainable without broad...
Lancaster Pollard: Multiple funding sources emerging for the senior living sector
By
Amy Novotney
Apr 23, 2020
Senior living and care organizations across the country are doing noble work, and it is essential that they receive additional resources and options in this trying time, according to an article published...
AHCA/NCAL: CMS Accelerated Payment program providing quick support
By
Amy Novotney
Apr 16, 2020
The surest bet for quick financial help for long-term care operators right now appears to be through the Centers for Medicare & Medicaid Services’ Accelerated Payment Program, Consolidated Billing Services...
Costs of COVID-19 threatens push toward value-based care
By
Amy Novotney
Apr 16, 2020
The National Association of Accountable Care Organizations released results of a survey of member ACOs Monday that could hold dire implications for the Medicare Shared Savings Program for ACOs.
Moody’s: Coronavirus stimulus will lessen economic pain, but won’t fully compensate healthcare...
By
Amy Novotney
Apr 14, 2020
The $2.3 trillion CARES Act will certainly provide some relief to hospitals and other healthcare systems, but the funding is unlikely to fully compensate for increased labor and personal protective equipment...