GreisGuide to LTACHs Newsletter (November/December 2009)

Posted by Jason Greis on December 16, 2009 under eNewsletter | Be the First to Comment

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

MedPAC to Recommend Forgoing LTACH Reimbursement Rate Update for 2011 Rate Year: Projects 5.8% Medicare Margin for 2010 Rate Year

Posted by Jason Greis on December 14, 2009 under Articles | Be the First to Comment

On Friday, December 11, 2009, the Medicare Payment Advisory Commission (“MedPAC”) released its draft recommendation to the Secretary of Health and Human Services (“HHS”) to forgo any market basket update to payment rates for long-term acute care hospitals (“LTACH”) for the 2011 rate year (“RY”) (see meeting transcript).  MedPAC found that profit margins on Medicare cases averaged 3.4% during RY 2008 and projected that Medicare margins will increase, on average, to 5.8% in RY 2010 with expected improvements in documentation and coding and recent changes to an updated classification system (i.e. MS-LTC-DRGs). Read More...

MedPac Meeting to Assess Adequacy of Payments for LTACH Services

Posted by Jason Greis on December 9, 2009 under Events | Be the First to Comment

12/10/2009 – 12/11/2009
Ronald Reagan Building, The International Trade Center
Washington, D.C. Read More...

Save the Date: NALTH 2010 Annual Conference

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

NALTH 2010 Annual Conference
April 28-30, 2010
Omni Shoreham Hotel
Washington, DC Read More...

Summit Park Hospital Opens New Acute Renal Dialysis Center

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

On December 8, 2009, Rockland County Executive, C. Scott Vanderhoef ,and Hospitals Commissioner, Richard Maloney, announced the official opening of Summit Park Hospital’s new Acute Renal Dialysis Unit.  Summit Park Hospital is a 100-bed acute care hospital with 57 physical medicine/rehabilitation beds and 43 inpatient psychiatric beds and is one of four LTACHs in New York State.  Representatives from several regional hospitals, including Good Samaritan Hospital in Suffern and the Westchester County Medical Center, attended the ribbon cutting ceremony held on the fourth floor dialysis unit. Read More...

McGuireWoods LLP 7th Annual Healthcare and Life Sciences Conference

Posted by Jason Greis on December 7, 2009 under Events | Be the First to Comment

Healthcare Investing: The Road to Recovery Read More...