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All posts tagged with “Post-Acute Care News.”



A disconnect between healthcare leaders, workers

05/22/24 at 03:00 AM

A disconnect between healthcare leaders, workersBecker's Hospital Review; by Mariah Taylor; 5/17/24A recent Indeed survey suggests that many workers do not intend to leave healthcare entirely, but rather break ties from individual employers due to dissatisfaction with the job, a recent Indeed survey suggests. The survey also cites a gap in perception between what the workers find important and what management thinks they find important. Indeed commissioned a survey of 1,014 healthcare job seekers and 489 professionals engaged in recruiting or hiring healthcare employees. Participants were surveyed between November and January. [Highlights include:]

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PE sponsors of Comfort Keepers, New Day Healthcare are in home-based care for the long haul

05/22/24 at 03:00 AM

PE Sponsors Of Comfort Keepers, New Day Healthcare Are In Home-Based Care For The Long HaulHome Health Care News; by Joyce Famakinwa; 5/13/24While some private equity investors have been sidelined by macro and micro headwinds, there are still plenty of PE firms invested in home-based care that like where they are.

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Home-based care investors show interest, but M&A pace remains cautious

05/22/24 at 03:00 AM

Home-Based Care Investors Show Interest, But M&A Pace Remains CautiousHome Health Care News; by Andrew Donlan; 5/13/24Home-based care dealmakers have been busier of late, but that has not yet translated into more transactions. There’s some feeling that sidelined private equity firms will eventually have to enter the game, but that may not be the case.

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Sanction-free InnovAge faces new challenges in Colorado, California during fiscal Q3

05/22/24 at 03:00 AM

Sanction-free InnovAge faces new challenges in Colorado, California during fiscal Q3McKnight's Home Care; by Adam Healy; 5/14/24InnovAge posted a loss in its third fiscal quarter, but executives of the for-profit Program of All-inclusive Care for the Elderly provider said business will only continue to improve as temporary headwinds fall by the wayside. “The company’s third quarter results were largely consistent with our expectations,” Patrick Blair, president and chief executive officer, said during a third quarter earnings call last week, according to a transcript. “We continue to see ongoing performance improvement in every facet of our operations which is driving greater stability in our financial results and increased confidence in our ability to deliver high-quality care and a great participant experience while also growing our top and bottom lines.” During the quarter ended March 31, InnovAge lost $6.1 million. That compares to a $7.3 million loss during the third fiscal quarter of 2023. Revenues grew by nearly 12% year-over-year to $193 million.

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Hospital-at-home grows despite regulatory uncertainty

05/22/24 at 03:00 AM

Hospital-at-home grows despite regulatory uncertaintyModern Healthcare; by Diane Eastabrook; 5/17/24Health systems and technology companies are betting big on home-based hospital care, despite regulatory uncertainty about the program’s future. Hospitals are bullish on at-home acute care because it can save money and make more beds available in their facilities for sicker patients. Medicare also pays health systems the same rate as it would for an inpatient admission. Since January, two health systems and 16 hospitals launched hospital-at-home programs under the Centers for Medicare and Medicaid Services’ Acute Hospital Care at Home waiver, bringing the total number of programs to 336 across 37 states, according to the agency’s website. More programs are slated to launch this year as Congress considers whether to extend the waiver beyond its Dec. 31 expiration date. Hospital-at-home allows certain patients to receive acute-level care where they live through telehealth and in-person visits, supplemented with remote patient monitoring. The concept gained traction during the COVID-19 pandemic when CMS approved a waiver in 2020 to alleviate overcrowding in hospitals. Large health systems, including Mass General Brigham, Geisinger and the Cleveland Clinic have invested heavily in home-based acute care. Many smaller hospital systems are doing the same by leveraging in-home care technology.

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UnitedHealth Group's Optum to close Ohio location, lay off 129

05/22/24 at 03:00 AM

UnitedHealth Group's Optum to close Ohio location, lay off 129Modern Healthcare; by Lauren Berryman; 5/17/24UnitedHealth Group’s Optum will lay off 129 employees and close a Toledo, Ohio, facility, according to a notice filed with the state's job and family services department. The separations are expected to take place in three waves, from July 15 to September 6, and will affect employees in Ohio and remote locations, Optum said in the Worker Adjustment and Retraining Notification Act notice filed Thursday. The affected employees include senior software engineers, senior technology product managers, associate business systems analysts and associate business operations coordinators, the notice said.

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Breaking down walls: The other care models marking their territory in home-based care

05/22/24 at 03:00 AM

Breaking down walls: The other care models marking their territory in home-based careHome Health News; by Joyce Famakinwa; 5/17/24Traditional home-based care companies aren’t the only ones serving seniors, while helping shift care away from brick-and-mortar settings. Adult day, PACE and continuing care retirement communities (CCRCs) without walls are a few of the care models working to meet the needs of seniors that want to age in place. In many ways, these care models are natural allies to home-based care providers.

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Leaders leave patients in PE hospital shell game

05/21/24 at 03:00 AM

Leaders leave patients in PE hospital shell gameBecker's Clinical Leadership; by Molly Gamble (Twitter); 5/16/24A bankrupt hospital that remains open is - in some ways - just as worrisome for patients as if it closed. The demise of Dallas-based Steward Healthcare is the latest example of this, and a stark reminder that watchdogs for patients only safeguard their interests up until a certain point. The situation is now a shell game for patients, who might have Steward hospitals open and available to them, but with questionable levels of staffing, safety or timely access to essential services.

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Home care providers need to step up worker safety initiatives, experts say

05/21/24 at 03:00 AM

Home care providers need to step up worker safety initiatives, experts sayMcKnight's Home Care; by Adam Healy; 5/14/24In the aftermath of the Occupational Safety and Health Administration’s citing of Elara Caring for failing to protect a worker killed on the job, safety and legal experts are urging providers to be proactive about implementing worker safety practices. “We have been seeing a rather significant uptick in workplace violence issues in the home-based care industry,” Angelo Spinola, an attorney at Polsinelli, told McKnight’s Home Care Daily Pulse, in a statement. “We highly recommend that providers take proactive steps to implement home-based care specific policies and procedures and conduct workplace trainings that address common issues such as what to do if a client is acting erratically, how to report unsafe conditions in the home [such as an unsecured firearm], de-escalation techniques, etc.”

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‘Great Resignation’ becomes ‘Great Reshuffle’ of American jobs

05/20/24 at 03:00 AM

‘Great Resignation’ becomes ‘Great Reshuffle’ of American jobsMcKnight's Senior Living; by Kathleen Steele Gaivin; 5/16/24After a record number of workers left their jobs in the early part of the decade in what was known as the “Great Resignation,” the American workforce has entered a period now dubbed the “Great Reshuffle,” according to the World Economic Forum. “While quit rates remain high, hiring rates continue to outpace them as many workers have been transitioning to other jobs in search of an improved work-life balance and flexibility, increased compensation, or a strong company culture,” the US Chamber of Commerce reported.

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‘Bodacious’ mentorship, honesty needed to retain LTC leaders of tomorrow, experts say

05/20/24 at 03:00 AM

‘Bodacious’ mentorship, honesty needed to retain LTC leaders of tomorrow, experts sayMcKnight's Long-Term Care News; by Josh Henreckson; 5/17/24Cultivating mentorships in long-term care is vital to bringing up and retaining the next generation of sector leaders, a group of six prominent women leaders said this week at a McKnight’s Women of Distinction Forum panel. The speakers ... repeatedly emphasized the core needs of honesty, humility and an ongoing commitment to learning for successful mentors.

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[Old but important news] Consumer alerts added to the Nursing Home Compare website and the Five Star Quality Rating System

05/20/24 at 03:00 AM

[Old news] Consumer Alerts added to the Nursing Home Compare website and the Five Star Quality Rating SystemCMS; 10/7/19Adding an “abuse icon” to facilities cited for abuse: Every nursing home resident deserves be treated with respect at all times. Abuse is never acceptable and CMS is very concerned about incidents related to abuse (including neglect and exploitation) in nursing homes. ... As part of this strategy, we want to make it easier for consumers to identify facilities with instances of non-compliance related to abuse. To do this, in October 2019, we are adding an icon to highlight facilities that meet the following criteria: 1) Facilities cited for abuse where residents were found to be harmed (Scope/Severity of G or higher) on the most recent standard survey, or on a complaint survey within the past 12 months; or 2) Facilities cited for abuse where residents were found to be potentially harmed (Scope/Severity of D or higher) on the most recent standard survey or a complaint survey within the past 12 months, and on the previous (i.e., second most recent) standard survey or on a complaint survey in the prior 12 months (i.e., from 24 months ago to 12 months ago).Publisher's Note: With apologies for "old news", this was "new news" to me - i.e., that Care Compare for Nursing Facilities includes a "red stop hand" and a "yellow triangle warning" to warn consumers of poor performers. When might this be added to Care Compare for Hospice, and what criteria might be used?

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Hospitals are refusing to do surgeries unless you pay in full first

05/20/24 at 03:00 AM

Hospitals Are Refusing to Do Surgeries Unless You Pay in Full FirstWall Street Journal; by Melanie Evans; 5/9/24Now, more hospitals and surgery centers are demanding patients pay in advance. Advance billing helps the facilities avoid hounding patients to settle up. Yet it is distressing patients who must come up with thousands of dollars while struggling with serious conditions. Heather Miconi has seven weeks to come up with $2,000 to pay for surgery her daughter needs to breathe more easily. Merritt Island Surgery Center in Merritt Island, Fla., billed Miconi in advance of the adenoid and tonsil surgery. If she can’t pay for the surgery before it is scheduled to take place next month, the procedure will be put off. Miconi, whose insurance won’t cover the cost because she has a high deductible, works three jobs and doesn’t have savings to cover the cost. She is now appealing to strangers through a GoFundMe campaign for help. For years, hospitals and surgery centers waited to perform procedures before sending bills to patients. That often left them chasing after patients for payment, repeatedly sending invoices and enlisting debt collectors. Those who can’t come up with the sums have been forced to put off procedures. Some who paid up discovered later they were overcharged, then had to fight for refunds. Among the procedures that hospitals and surgery centers are seeking prepayments for are knee replacements, CT scans and births.

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The private-equity deal that flattened a hospital chain and its landlord

05/20/24 at 03:00 AM

The Private-Equity Deal That Flattened a Hospital Chain and Its LandlordWall Street Journal; by Jonathan WeilFollow; 5/7/24Cerberus made a big profit, but Steward went bankrupt and its landlord suffered big losses. In the spring of 2020, Cerberus Capital Management was faced with a tricky financial situation. It owned a struggling hospital chain that needed $400 million to dig out of a deep financial hole, but Cerberus wanted to sell rather than invest more. The deal helped shape much of what followed for Steward Health Care System over the next four years, culminating this week in the Chapter 11 filing of Steward, one of the biggest hospital bankruptcies in U.S. history. ... The 2020 deal paved the way for Cerberus to sell its majority stake in Steward to the hospital chain’s chief executive and others and lock in an eventual $800 million profit. It bought time for the CEO and new majority owner, Dr. Ralph de la Torre, who received a big cash payout himself the next year.

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Surging hospital prices are helping keep inflation high

05/20/24 at 03:00 AM

Surging hospital prices are helping keep inflation highWall Street Journal; by Melanie Evans; 5/16/24A 7.7% increase in prices at hospitals last month was the highest in 13 years. ... Hospitals didn’t raise prices as early in the pandemic as supermarkets, retailers and restaurants. But they have been making up ground since then. Their increases have contributed to stubbornly high inflation readings from the consumer-price index, which in April increased 3.4% from a year ago. Hospital prices specifically jumped 7.7% last month from a year ago, the highest increase in any month since October 2010, the Labor Department said Wednesday. ... Hospitals sat out the first waves of inflation that swept through the economy in recent years, though not by choice. Their prices were locked in under contracts with health insurers, for more than a year in some cases. As hospitals have renegotiated prices, inflation has taken hold.

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PACE program officially launches in Greater Peoria area

05/17/24 at 03:00 AM

PACE program officially launches in Greater Peoria area OSF HelathCare, Peoria, IL; by Nathan Pritzker; 5/14/24 It’s a new and exciting day for older adults receiving health care services in the Greater Peoria area. After months of preparation, the state of Illinois and the Centers for Medicare and Medicaid Services (CMS) have awarded OSF HealthCare a contract to be one of the first in the state to offer Program of All-Inclusive Care for the Elderly (PACE). Enrollment for the program, known as OSF PACE, is currently underway with services officially beginning June 1.“OSF PACE will really help the people in the Tri-County area stay in their home and community,” says Nathan Pritzker, executive director of OSF PACE.

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Aveanna is looking to grow in its ‘rightsized’ home health segment again

05/17/24 at 03:00 AM

Aveanna is looking to grow in its ‘rightsized’ home health segment again Home Health Care News; by Andrew Donlan; 5/14/24 Aveanna Healthcare Holdings leaders believe the company is back at a place where it can bank on near-term growth in its Medicare-certified home health business. It first entered into a business “transformation” in January 2023, and that transformation is already paying dividends, according to CEO Jeff Shaner. But much of the turnaround has been led by the private-duty services segment. Now, Shaner sees a path for the company to begin accelerating its home health and hospice lines. 

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Hospital CEOs ask patients to receive care at home

05/15/24 at 03:00 AM

Hospital CEOs ask patients to receive care at home Becker's Hospital Review; by Madeline Ashley; 5/14/24 Hospital executives are making the push to move more care, specifically recovery rooms and exams, out of the hospital and into patient homes, to potentially save money and improve finances as the country continues to move out of the pandemic, Politico reported May 11. And Congress is supporting these efforts by introducing legislation that would expand at-home care and to allow Medicare to continue funding telehealth. Here are five findings from the report: ... [Click on the title's link to read more.]

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Highmark Health lays off dozens of employees

05/14/24 at 03:00 AM

Highmark Health lays off dozens of employees Modern Healthcare; by Lauren Berryman; 5/8/24Highmark Health has laid off 47 employees in its latest round of job cuts. The Pittsburgh-headquartered organization owns Highmark Inc., which provides health insurance plans to 6.9 million policyholders in Pennsylvania, West Virginia, Delaware and New York. It also operates Allegheny Health Network, which comprises 14 hospitals. A Highmark spokesperson declined to answer questions about the types of roles or specific locations affected. ... The most recent layoffs, which were first reported by news outlet PennLive Tuesday, follow the 182 jobs Highmark eliminated in March. The organization has laid off at least 229 employees so far in 2024.

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Why Walmart’s exit from healthcare is a wake-up call to providers

05/14/24 at 03:00 AM

Why Walmart’s exit from healthcare is a wake-up call to providers Modern Healthcare; by Marty Bonick; 5/10/24 Marty Bonick is president and CEO of Nashville, Tennessee-based Ardent Health. Try healthcare, they said. It will be easy. There's so much to improve, they said. We can do it better. While "they" — the retailers and disruptors once keen to transform healthcare — weren't completely wrong, there's no doubt this thinking has shifted in recent months. ... Walmart's decision to shutter its health clinics and virtual care services is the latest high-profile exit in the retail health sector. Already this year, Walgreens has announced plans to close 160 VillageMD clinics while Amazon cut jobs within its One Medical unit and Optum is closing its telehealth business. 

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Life Coordinated Commonwealth PACE holds ribbon cutting

05/14/24 at 03:00 AM

Life Coordinated Commonwealth Pace holds ribbon cutting Marshall County Daily; by Staff Report; 5/10/24 Life Coordinated Commonwealth Pace held a Ribbon Cutting on Friday morning with special quest Governor Andy Beshear in attendance to launch the Program of All-Inclusive Care for the elderly in Western Kentucky. This is the first of three planned KY Pace centers which provide elders an option for in-home care versus nursing home care.  Life Coordinated Commonwealth Pace will serve qualifying PACE members in a six-county area in Western Kentucky that includes Marshall, Calloway, Graves, Hickman, Fulton and McCracken.

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VA expands burial benefits for veterans

05/13/24 at 03:00 AM

VA expands burial benefits for veterans VFW - Veterans of Foreign Wars; by Dave Spiva; 5/10/24The VA last year announced new burial allowance rates for veterans who have died in nonservice-related incidents since October. ... For nonservice-related deaths, VA will pay a $948 burial allowance and $948 for a plot if the veteran died on or after Oct. 1, 2023. If the veteran died between Jan. 5, 2023, and Oct. 1, 2023, VA would pay an $893 burial allowance and $893 for a plot. Learn more about allowance rates at https://www.va.gov/burials-memorials/veterans-burial-allowance.

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HCA accused of withholding pay of 1,000 workers

05/09/24 at 03:00 AM

HCA accused of withholding pay of 1,000 workersBecker's Hospital Review; by Kelly Gooch; 5/6/24 HCA Healthcare faces a lawsuit alleging its Asheville, N.C.-based Mission Health illegally kept pay from at least 1,000 employees, the Citizen Times reported May 6. Sharon McRee — who said she worked as a nonexempt, hourly respiratory therapist at Mission from July 2002 through its 2019 acquisition by Nashville, Tenn.-based HCA before leaving in July 2022 — alleges she and approximately 1,000 or more employees "clocked in as required and performed the principal activities of their jobs," but their employer "generally did not pay them for all of their time worked," according to the lawsuit, which was accessed by Becker's.

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Caring for the Caregiver: A Guide for Home Care Providers

05/09/24 at 03:00 AM

Caring for the Caregiver: A Guide for Home Care Providers Forbes; by Joan Ekobena; 5/8/24This article proposes that nurturing the psychological and physical well-being of caregivers [employees] is essential. It’s not just a matter of ethical responsibility but a fundamental factor for maintaining quality care, promoting continuity of care and boosting employee retention. This can create a positive ripple effect, which can not only increase customer satisfaction but also boost business revenue. ... A recent decision by the Office of Inspector General (OIG) underscores the increasing awareness of the need to invest in caregiver wellness. Guides are listed as "Strategies for Supporting Caregiver Wellness and Mindset": ... [Note: "Caregiver" denotes employees who provide home care, not the family "caregiver" in the home.] 

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Georgia system reopens hospital to inpatient services

05/08/24 at 03:00 AM

Georgia system reopens hospital to inpatient services Hospital CFO Report; by Mariah Taylor; 5/2/24 Piedmont Augusta (GA) is reopening the emergency department and inpatient services at its Summerville campus after converting the location into an outpatient campus over a year ago. Effective May 16, the hospital will open 15 beds in the emergency department, 12 inpatient unit beds, and new imaging services. Outpatient services will continue as normal, according to a May 1 system news release. "What we heard pretty quickly from our community is that they missed the efficiency of that campus," Lily Henson, MD, CEO of Piedmont's Augusta clinical hub, said in the release.

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