Posted by Jason Greis on September 29, 2009 under Articles | 
Section 114 of the Medicare, Medicaid, and SCHIP Extension Act of 2007 (“MMSEA”) established, among other things, a three-year temporary moratorium on the establishment of new LTACHs and LTACH beds, subject to certain limited exceptions. When rules implementing the moratorium were released by CMS in an Interim Final Rule on May 22, 2008, CMS did not specify which change of ownership and facility relocation activities by existing LTACHs and LTACH satellite would continue to be permissible under the moratorium. In fact, CMS specifically advised the industr that such questions should be directed to their Medicare Administrative Contractors, and that the CMS Regional Office would address specific situations on a case by case basis. Read More...
Tags: asset sale, Change of Ownership, chow, co-locate, consolidate, consolidation, development, greisguide, greisguidetoltachs, hospital, jason greis, long term acute care hospital, long term care hospital, ltac, LTACH, LTCH, medicare, merge, merger, mmsea, provider agreement, provider number, Relocation, satellite, Section 114, stock sale, transaction
Posted by Jason Greis on July 13, 2009 under Articles |
Specialty Hospitals of America (SHA) announced on July 4, 2009 the official opening of a new 50-bed satellite LTACH of Specialty Hospital of Washington-Capitol Hill, which will be located at United Medical Center in southeast Washington, D.C. The new hospital, named The Specialty Hospital of Washington at United Medical Center will provide care to residents of southeast D.C. and the Mid-Atlantic region, as well as provide upward of 400 new jobs to the community. Read More...
Tags: Chad Eichelberger, Eric Rieseberg, greisguide, greisguidetoltachs, hospital, jason greis, ltac, LTACH, LTCH, satellite, sha, shw, specialty hospital of washington, specialty hospitals of america, susan bailey, united medical center, washington d.c.
Posted by Jason Greis on February 21, 2009 under Articles |
On February 17, 2009 President Obama signed into law a $787 billion economic stimulus package called the American Recovery and Reinvestment Act (Act). The Act provides $13 million in funding for LTACHs by making important technical corrections to the Medicare, Medicaid, and SCHIP Extension Act of 2007 (MMSEA) impacting application of the “25% Rule” and to rules generally placing a three-year moratorium on the establishment and classification of new LTACHs, LTACH satellite facilities and LTACH beds in existing LTACHs or satellite facilities. Read More...
Tags: 25% rule, 4502, aha, altha, american recovery and reinvestment act, Centers for Medicare and Medicaid Services, certificate of need, cms, cobra, con, correction, freestanding, greisguide, greisguidetoltachs, hospital, hr 1, jason greis, ltac, LTACH, LTCH, Medicaid, medicare, MedPAC, mmsea, moratorium, nalth, satellite, technical
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