The Centers for Medicare & Medicaid Services (CMS) recently launched its newest bundled payment model, the voluntary Bundled Payments for Care Improvement (BPCI) Advanced, and they are doing something unique in the healthcare industry – pleasing both clinicians and management. “Volunteer bundles are a very attractive proposition for providers and health systems to generate outside […]
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Post-acute care providers are facing an uphill battle when it comes to value-based care, and it is largely due to their IT infrastructure. A recent survey from Black Book Market Research of over 2,000 long-term and post-acute care facilities revealed that one of the biggest issues facing these organizations is an inability to share healthcare […]
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According to a recent report from the American Hospital Association (AHA), the healthcare industry spends roughly $39 billion annually on regulatory compliance efforts. Interestingly, while perhaps not unexpectedly, this burden becomes seven times greater when post-acute is added to the mix. The study found that average-sized hospitals spend nearly $7.6 million each year on administrative […]
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According to Pew Research and the Social Security Administration, 10,000 men and women reach retirement age each day. If that number seems big – it is. The impact to society will be huge, especially to healthcare. The vast amount of Americans hitting age 65 over the next few years means the number of people eligible […]
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Many healthcare professionals – especially those connected to skilled nursing facilities (SNF) – are extremely worried about the proposed tax plan coming out of the House of Representatives. The House recently passed a $4.1 trillion budget plan that promises deep cuts to social programs, including removing nearly $1 trillion from Medicaid’s budget over the next […]
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Hospitals that use a preferred network of post-acute care facilities reduce their readmission rates four times faster than hospitals that don’t. A recent study has found that these providers were able to cut readmission rates from nursing homes by 6.1 percent between 2009 and 2013. Hospitals that did not have a network saw only a […]
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