With Medicare Advantage revenue “significantly lower” than fee-for-service reimbursement, a new Zimmet Healthcare Services Group analysis says, skilled nursing facilities need to weather today’s “reimbursement storm” in order to make it to the incoming wave of baby boomers that will need facility services. In the meantime, Zimmet suggests operators utilize … Read More
The Rime of the New World Mariner Medicare Advantage & SNF Reimbursement
It is a New World Mariner, And he stoppeth wounded knee, With long grey beard and rehab needs, Now wherefore stopp’st thou he? Data, data everywhere, Still all our rates did shrink, Data, data everywhere, Yet all of it doth stink. Oh Fee-for-Service Medicare, How little hath we seen, Advantage … Read More
Optimize your Five-Star rating with Simple
Looking to increase your Five-Star rating? See how potential changes can impact your overall star rating and identify opportunities for improvement using the Five-Star toolkit within the SimpleLTC suite. The suite only costs $259/mo per facility and you can try it for 30 days free. SimpleLTC Five-Star toolkit includes… Five-Star Interactive … Read More
SNF Prospective Payment System: FY 2022 Final Rule Posted
Late Thursday afternoon, July 29, 2021, CMS issued a final rule updating Medicare payment policies and rates for Skilled Nursing Facilities (SNFs) under the SNF Prospective Payment System (PPS) for Fiscal Year (FY) 2022. In addition, the final rule includes several policies that update the SNF Quality Reporting Program and … Read More
Simple is now part of the Netsmart family
Netsmart expands predictive analytics solution offerings with acquisition of SimpleLTC Today, Netsmart announced it has acquired Texas-based data analytics company SimpleLTC from Briggs Healthcare. The SimpleLTC solutions will expand the Netsmart CareFabric® platform in the areas of predictive analytics, regulatory compliance, reimbursement optimization and quality measurement while increasing the efficiency of submission of required data to … Read More