Tag: SNF

Higher acuity residents drove the price for skilled nursing facility bed prices to record high in 2013

The average price paid for a skilled nursing facility bed reached a record $73,300 in 2013, according to a recently released annual report published by Irving Levin Associates. The price-per-bed number increased 21% from 2012, the report states. The numbers reflect census changes to include more high-acuity patients paying through Medicare or a managed care […]

The median annual cost of a private nursing home room has increased

The median annual cost of a private nursing home room in the United States has increased to $87,600, according to the latest annual survey from insurance company Genworth. This is a 4.4% increase from last year. The median price for a semi-private nursing home room increased by 2.62%, reaching $77,380 a year. The cost of […]

Don’t miss out on our next Long Term Care Regulatory Compliance Boot Camp! April 14-17 in Columbus, OH

The Long-Term Care Regulatory Compliance Boot Camp is an intensive four-day course that will enable your facility to improve survey outcomes, identify quality of care risk factors, and implement a process improvement plan. Visit our website to register. (http://hcprobootcamps.com/courses/10024/location-dates) You will leave the Long-Term Care Regulatory Compliance Boot Camp knowing how to: Identify deficiencies in […]

Medicare reimbursements to be cut by 24% starting April 1

Congress will be racing against the clock until the payments that doctors receive in exchange for treating Medicare patients are cut significantly. If Congress fails to pass legislation by March 31, the 685,000 doctors that participate in Medicare will see their reimbursements cut by 24% starting April 1. The cut is based on the sustainable […]

Long-term care providers showing progress in quality improvement activities

The Medicare Payment Advisory Commission’s latest report to Congress was submitted Friday with previously known recommendations for payment levels. Included in the report is a body of research indicating that long-term care providers are showing progress in quality improvement activities. Potentially avoidable hospital readmissions dropped 1% during the study period of 2011-2012, which is the first decline […]

RAC audits put on hold by CMS

In a recent announcement, CMS stated that is in the procurement process for the next round of Recovery Audit Program contracts. CMS will transition down the current contracts so that the Recovery Auditors can complete all outstanding claim reviews and other processes by the end date of the current contracts. CMS said that a pause […]

Ask the expert: Part A to Part B billing

Q: When a Part A resident exhaust their Part A days and needs continued therapy under Part B, we have been writing the Part B POT and obtaining a signature by the MD. We have not billing for the Part B evaluation because it is a continuation of services. Is this correct?  Is there any CMS […]

Patients obtain opioid prescriptions from multiple healthcare providers

One in three American seniors who benefit from the U.S. Medicare program, receives painkiller prescription from several healthcare service providers, according to a study released by the British Medical Journal. This practice places seniors at risk for drug overdose, injury, and even death. Researchers analyzed the medical records of more than one million Medicare patients […]

New Medicare notices gives seniors a tool to help fight against fraud

Medicare beneficiaries will start receiving a redesigned statement of their claims for services and benefits that will help them spot potential fraud, waste, and abuse, according to a recent press release by the Centers for Medicare & Medicaid Services. The redesigned notice will make it easier for people with Medicare to understand their benefits, file […]