Posted by Jason Greis on August 28, 2010 under Articles, Industry News | 
Kindred Healthcare has moved to expand its market presence in key cluster markets in California and Texas by signing definitive agreements to purchase five LTACHs in southern California for $180 million and three Texas-based nursing and rehabilitation centers for $38 million in two separate all-cash deals for a total purchase price of $218 million. Both transactions require regulatory approvals and are expected to close later this year. Read More...
Tags: acquisition, california, debt, EBITDA, greisguide, greisguidetoltachs, jason greis, kindred, long term acute care hospital, long term care hospital, ltac, LTACH, LTCH, texas, valuation, vista
Posted by Jason Greis on August 24, 2010 under Events |
Thursday, September 16, 2010
Noon – 1 p.m. (ET) | 11 a.m. – Noon (CT) | 9 a.m. – 10 a.m. (PT)
Complimentary Webinar Read More...
Tags: barton walker, complimentary, consolidation, greisguide, greisguidetoltachs, hospital, james burgdorfer, juniper advisory, krist werling, mcguirewoods, ppaca, reform, rex burgdorfer, Thomas C. Brown Jr., webinar
Posted by Jason Greis on under Articles |
The federal government pays more than 40% of all money spent on healthcare in the U.S. and it is focused like never before on managing those costs. Along with reducing already low reimbursement levels, CMS will look to two primary means for cost reduction–utilization and admissions review and reimbursements tied to outcomes. For post-acute care facilities this translates into a single imperative – “admitting the appropriate patient”. Read More...
Tags: admission, admit, appropriate, cost-effective, greisguide, jason greis, long term acute care hospital, long term care hospital, ltac, LTACH, LTCH, medicare, post-acute, reimbursement, software, vindicet, yann beaullan-thong
Posted by Jason Greis on August 16, 2010 under Whitepapers |
This is a great time for hospital leadership and boards to reevaluate their strategies. The attached whitepaper written by two of my colleagues, Scott Becker and Bart Walker, contains eight core thoughts and concepts on strategic planning for hospitals. Read More...
Tags: bart walker, greisguide, greisguidetoltachs, hospital, leadership, ltac, LTACH, LTCH, mcguirewoods, scott becker, strategic, strategy
Posted by Jason Greis on August 12, 2010 under Articles |
Section 6003 of the Patient Protection and Affordable Care Act, Public Law 111-148 (H.R. 3590) (PPACA) makes a change to the “in-office ancillary services” exception to the Stark physician self-referral law that impacts physician practices providing certain radiology services in their offices. In short, the change requires physicians making a referral for magnetic resonance imaging (MRI), positron emission tomography (PET), and computed tomography (CT), or certain other radiology services in their offices, to make a disclosure to the patient that such services can be provided elsewhere and to include a list of alternative providers. Read More...
Tags: brent rawlings, ct, david wolff, doctor, greisguide, greisguidetoltachs, in-office ancillary services exception, long term care hospital, ltac, LTACH, LTCH, mcguirewoods, mri, pet, physician, ppaca, tom stallings
Posted by Jason Greis on August 11, 2010 under Articles, Industry News |
On August 4, 2010 it was announced that Cornerstone Healthcare Group completed a merger with Solara Healthcare. Both Cornerstone and Solara are privately-owned, Dallas-based providers of Long-Term Acute Care (LTAC) hospital services. The newly-combined company consists of 18 owned and managed LTAC hospitals, operating in Texas, Louisiana, Arizona, West Virginia, Ohio and Oklahoma. The combined company will be led by Mike Brohm, President and CEO of Cornerstone and the Cornerstone executive management team. Cornerstone and Solara will both continue to operate under their existing brand names. The combined company will become the nation’s fourth largest provider of LTACH services (by number of LTACH facilities owned or managed) behind Select, Kindred and Rehabcare (and assuming Select and Regency complete their proposed transaction). Financial terms of the merger were not disclosed. Read More...
Tags: cornerstone, greisguide, greisguidetoltachs, highland capital management, jason greis, ken ross, kindred, LifeCare, ltac, LTACH, LTCH, mcguirewoods, merge, merger, mike brohm, rehabcare, select, solara, transaction
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