Reiterating its oft-repeated stance, the Medicare Payment Advisory Commission (MedPAC) once again asked Congress to put a hold on Medicare payment rates for skilled nursing facilities through the end of 2019, with an additional request for a full review in 2020. In remarks before the House Ways and Means Committee on May 18, MedPAC Executive Director Mark […]
Managed long-term services and support programs (MLTSS) bring a host of benefits to states, including better care outcomes and reduced spending — but could also shift more patients away from institutions to in-home or community programs, according to a new survey. The National Association of States United for Aging and Disabilities’ (NASUAD) MLTSS Institute sent […]
The word “Symphony” is not music to the ears of nonprofit post-acute skilled care providers in the Chicago area. That’s because the Chicago-based, for-profit post-acute care operator poses major competition for several not-for-profits in Chicagoland. There, Symphony operates most of its 28 properties, including some newer buildings that are state-of-the art. Now, though, not-for-profit post-acute providers have a plan […]
Nursing care transactions started 2017 substantially below their levels at the same point in 2016, despite overall senior housing industry gains. According to new data from the National Investment Center, nursing transactions totaled about $500 million during the first quarter of this year, or 77% less than the volume in the first quarter of 2016. That’s also […]
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