In a Valentine’s Day letter to top health officials, a group of influential Senate Democrats asked the Centers for Medicare & Medicaid Services (CMS) to reconsider certain rollbacks of nursing home regulations. In response, a leading industry group on Wednesday wrote back to the senators to clarify and rebut some of their points. “We think […]
Accountable care organizations (ACOs) only generate savings for the government if they accept risk, according to an analysis from the Kaiser Family Foundation. ACOs generated net savings of $47 million in 2016, the Menlo Park, Calif.-based non-profit found in an independent analysis of publicly available ACO data and previously unpublished numbers from the Centers for […]
The Centers for Medicare & Medicaid Services (CMS) announced several ways it plans to improve the Medicaid program — including new proposals for reforms and fewer regulatory burdens, increased efficiency, and more transparency and accountability, according to CMS Administrator Seema Verma. “Our vision for the future of Medicaid is to reset the federal-state relationship and […]
Congressional Republicans may have failed at several attempts to repeal the Affordable Care Act and enact deep cuts to the Medicaid program, but at least one expert says long-term care providers shouldn’t breathe a sigh of relief just yet. “I don’t think the states feel like Medicaid is safe right now, and I don’t think […]
As the deadline for public comment approached, politicians and advocacy groups lodged strong objections to the Trump administration’s proposal to overturn Obama-era regulations that protect residents’ ability to sue skilled nursing facilities. The Centers for Medicare & Medicaid Services (CMS) issued a rule in 2016 that prevents SNFs that receive Medicare or Medicaid funds from including “no sue” clauses in […]
The Centers for Medicare & Medicaid Services (CMS) finalized its fiscal year 2018 payment and policy changes for skilled nursing facilities on Monday, including pay increases for the coming year. Payments to SNFs will increase in 2018 by $370 million, or 1%, compared to 2017, CMS projects. This falls short of last year’s prediction of […]
The U.S. Senate on Thursday released the long-awaited details of its Obamacare repeal plan, confirming rumors that it would see the House’s plan to cut Medicaid spending and raise it — potentially spelling trouble for skilled nursing operators. Medicaid remains the single largest payer for skilled nursing services in the United States, shelling out $55 billion to SNFs […]
A five-star rating from the Centers for Medicare & Medicaid Services (CMS) can boost a skilled nursing facility’s profile in a community and perhaps attract increased attention — and dollars — from potential investors. But savvy buyers should consider the wider context of a particular SNF’s Nursing Home Compare stars, as buried beneath a supposedly “bad” […]
Several publicly traded real estate investment trusts (REITs) have backed off skilled nursing in recent months and years, but one major player recently made an eye-popping investment in the asset class. The largest health care REITs — Ventas (NYSE: VTR), Welltower (NYSE: HCN), and HCP (NYSE: HCP) — all have either spun off the majority […]
Months after trying unsuccessfully to ban the pre-dispute arbitration agreements in long-term care, the Centers for Medicare & Medicaid Services (CMS) is now proposing that the controversial practice be allowed after all. CMS’ new proposed rule was published in a Federal Register document on Monday afternoon. It comes after skilled nursing providers pushed back against […]
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