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Quality care leads to strong valuations in today s long-term care transaction market - Marketplace Experts

Quality care leads to strong valuations in today s long-term care transaction market - Marketplace Experts
mcknights.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mcknights.com Daily Mail and Mail on Sunday newspapers.

Providers have to be honest with themselves — for better or worse - Daily Editors Notes

James M. Berklan A famous line within many wedding vows includes taking a spouse “for better or worse.” That is what it means “to marry.” As it turns out, it also means to be Mary — Mary Ousley, that is. The luminary long-term care leader was honored as the 2021 McKnight’s Women of Distinction Lifetime Achievement Award winner in May. It was a more than fitting choice. More recently, she distinguished herself with the type of insight that has earned her industry plaudits for decades. Speaking recently at the LTC 100 conference, Ousley — a former board chairman of the American Health Care Association — told it like is … for better or worse.

Washington Healthcare Update - June 2021 #1 | McGuireWoods Consulting

HHS Reinstates the Unapproved Drugs Initiative FDA Releases Draft Guidances on Medical Devices FDA Issues Updated COVID-19 Vaccine EUA Guidance FDA Grants Emergency Use Authorization to GlaxoSmithKline’s Monoclonal Antibody FDA Finalizes Guidance on Pediatric Cancer Drugs CMS Joins Online Platforms to Encourage Gig Workers to Enroll in ACA Plans CMS Proposes Delay of Medicaid Multiple Best Price Policy Proposed Rules CMS Issues Proposed Rule on Prospective Payment System and Consolidated Billing for Skilled Nursing Facilities CMS Issues Proposed Rule Updating Hospice Payment and Cap Increase CMS Issues Proposed Rule on Inpatient Rehabilitation Facility Prospective Payment System CMS Interim Final Rule Requires LTC Providers to Report Vaccination Rates and Educate Staff and Residents

Higher facility assessment fees would fund measures to improve staffing, reduce resident density - News

Illinois lawmakers are looking to increase assessment fees paid by nursing homes in order to fund a proposed law that aims to change the way providers are reimbursed in a push to reduce understaffing and reduce overcrowding in facilities.  The legislative proposal was introduced last week in the state’s General Assembly. Lawmakers hope to pass the bill before the end of May, the Chicago Tribune reported. Under the bill, the state would change its reimbursement formula to be based on the Patient Driven Payment Model rather than the number of services performed. It also would end payments for rooms with three or more roommates, according to the report. The bill also proposes increasing reimbursement to providers that hire more nurses and aides. 

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