Kindred Healthcare Announces RehabCare Group Merger

Posted by Jason Greis on February 13, 2011 under Articles, Industry News | Be the First to Comment

On February 8, 2011, Kindred Healthcare, Inc. (“Kindred”) and RehabCare Group, Inc. (“RehabCare”) jointly announced the signing of a definitive merger agreement under which Kindred will acquire RehabCare for an estimated $35 per share, which includes $26 per share in cash and 0.471 shares of Kindred common stock.  The transaction was unanimously approved by the Boards of both Kindred and RehabCare and is expected to close at the end of the second quarter, pending approval from the shareholders of both companies and receipt of antitrust approval.  Read More...

CMS Issues Stark Act Voluntary Self-Referral Disclosure Protocol – 9 Key Concepts

Posted by Jason Greis on October 17, 2010 under Articles | Be the First to Comment

The Patient Protection and Affordable Care Act (PPACA) requires the Secretary of the Department of Health and Human Services (HHS), with the Office of the Inspector General (OIG) of HHS, to establish a protocol for healthcare providers and suppliers to disclose actual or potential violations of Section 1877 of the Social Security Act (Stark Act). Under the Stark Act, healthcare providers and suppliers may not refer patients to any entity for certain services if the physician has a financial relationship with that entity, unless an exception for such referral applies. Read More...

ACOs and the Shared Savings Program – Part II: Unanswered Questions

Posted by Jason Greis on October 12, 2010 under Articles | Comments are off for this article

In addition to the numerous misconceptions about Accountable Care Organizations (ACOs) and the Shared Savings Program, there are a number of unknowns regarding implementation, including permitted legal structures, payment amounts, and performance measurement. This article identifies and discusses some of the more significant unanswered questions about ACOs and the Shared Savings Program.  Read More...

ACOs and the Shared Savings Program: Some Common Misconceptions

Posted by Jason Greis on October 2, 2010 under Articles | Be the First to Comment

Section 3022 of the Patient Protection and Accountable Care Act (the Act) creates the Shared Savings Program for Medicare. Under the Shared Savings Program, which is to take effect no later than Jan. 1, 2012, Accountable Care Organizations (ACOs) that meet certain requirements established by the Secretary of Health and Human Services will be eligible to receive additional payments from Medicare where certain performance guidelines are met and cost-savings targets are achieved. The amount of the additional payment will be a percentage of the difference between the estimated per capita Medicare expenditures for patients assigned to the ACO and the cost-savings per capita Medicare expenditures threshold. Read More...

Why Pre-admission Screening Matters to Post-Acute Care Institutions

Posted by Jason Greis on August 24, 2010 under Articles | Be the First to Comment

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...

Post-Acute Care Investments: Key Business, Deal Structure and Diligence Issues

Posted by Jason Greis on June 22, 2010 under Events | Be the First to Comment

Post-Acute Care Investments:
Key Business, Deal Structure & Diligence Read More...