Posted by Jason Greis on August 24, 2010 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 December 14, 2009 under Articles |
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...
Tags: 2011, greisguide, greisguidetoltachs, jason greis, long term acute care hospital, loss, ltac, LTACH, LTCH, ltch-pps, market basket update, medicare, MedPAC, profit, prospective payment system, rate year, reimbursement
Posted by Jason Greis on February 1, 2009 under Events |
Complimentary Webinar Read More...
Tags: claim, greisguide, GreisGuide to LTACHs, hospital, jason greis, ltac, LTACH, LTCH, marsh, mcguirewoods, medicare, RAC, recovery audit contractor, reimbursement
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