LHC Group and Ochsner Health System Announce LTACH Joint Venture

Posted by Jason Greis on July 31, 2009 under Industry News | Be the First to Comment

On May 4, 2009 a press release was issued announcing a LTACH joint venture between LHC Group and Ochsner Health System.  The LTACH venture is in addition to the February 1, 2009, home health venture between LHC Group and Ochsner.  This joint venture includes an LHC Group purchase of 75% and an Ochsner purchase of 25% of a LTACH located in Kenner, Louisiana.  Net revenue for the LTACH during the most recent 12 months was approximately $5.6 million. Read More...

AHLA Program: Tax Issues for Healthcare Organizations

Posted by Jason Greis on July 29, 2009 under Events | Be the First to Comment

Join American Health Lawyers Association October 12-13 in Arlington, VA for the Tax Issues for Healthcare Organizations program.  Designed for generalists who need to know tax issues and for certified tax experts. View the schedule and register online. Read More...

FTC Defers Enforcement of the Red Flags Rule to November 1, 2009

Posted by Jason Greis on under Articles | Be the First to Comment

On July 29, 2009, the U.S. Federal Trade Commission (FTC) deferred enforcement of the Red Flags Rule from August 1, 2009 to November 1, 2009 in order “to give creditors and financial institutions more time to develop and implement written identity theft prevention programs.” As we discussed in our articles from 4/27/09 and 5/4/09, the Red Flags Rule will require many businesses to develop, implement, and administer an Identity Theft Prevention Program that is designed to detect the warnings signs (or “red flags”) of identity theft, as well as to prevent and mitigate it. Read More...

GreisGuide to LTACHs Newsletter (June/July 2009)

Posted by Jason Greis on July 27, 2009 under eNewsletter | Be the First to Comment

This issue of the GreisGuide to LTACHs Newsletter contains articles and information on: Read More...

From Hospitals to Home: Paying for the Next Evolution of Post-Acute and Senior Care

Posted by Jason Greis on July 26, 2009 under Articles, Events, Industry News | Read the First Comment

From Hospital to Home: Paying for the Next Evolution of Post-Acute and Senior Care Read More...

“Red Flag Rules” Apply to LTACHs: August 1, 2009 Implementation Deadline Quickly Approaching

Posted by Jason Greis on under Articles | Be the First to Comment

The new deadline for health care providers, including LTACHs and other post-acute care providers, to comply with the “Red Flag” identity protection rules (the “Rules”), which were first published by the Federal Trade Commission (“FTC”) in 2007 as part of the Fair and Accurate Credit Transactions Act of 2003 (“FACTA”) is quickly approaching.  On August 1, 2009, “financial institutions” and “creditors” covered by the Rules will be required to implement a written Identity Theft Prevention Program (“Program”) to define, detect, and respond to “Red Flags” in order to prevent and/or mitigate identity theft.  Failure to comply with the Rules can result in the assessment of civil monetary penalties for violations.  Read More...