Posted by Jason Greis on July 31, 2009 under Industry News | 
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...
Tags: greisguide, greisguidetoltachs, hospital, joint venture, kenner, lhc, louisiana, ltac, LTACH, LTCH, non-profit, Ochsner Health System
Posted by Jason Greis on July 14, 2009 under Industry News |
RehabCare Group, Inc. (NYSE: RHB) announced June 30, 2009 that it had entered into an agreement to acquire certain assets from Gulf States LTAC of Dallas, formerly owned by Gulf States Health Services and a group of Dallas-area physicians. Financial terms of the agreement were not disclosed. Read More...
Tags: 8050 meadow road, dallas ltac hospital, dallas ltach, greisguide, greisguidetoltachs, gulf states, hospital, jason greis, john short, joint venture, ltac, LTACH, LTCH, rehabcare
Posted by Jason Greis on January 8, 2009 under Industry News |
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Tags: austin, capital project, Central Texas Specialty Hospital, floyd healthcare, georgia, hospital, inpatient rehabilitation facility, irf, jason greis, joint venture, ltac, LTACH, LTCH, methodist medical center, peoria, rehabcare, rome, Seton Family of Hospitals
Posted by Jason Greis on December 8, 2008 under Articles |
The Centers for Medicare and Medicaid Services (“CMS”) published the 2009 Inpatient Prospective Payment Systems final rule (“Final Rule”) in the Federal Register on August 19, 2008. The Final Rule includes several important changes to the Stark Act that will likely impact many health care providers. One notable revision described in the Final Rule will require many physicians participating in provider-based joint venture “under arrangements” to restructure or unwind such arrangements by September 30, 2009. Read More...
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