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All posts tagged with “Post-Acute Care News.”
Kinship PACE enters greater Chicago market
02/29/24 at 03:00 AMKinship PACE enters greater Chicago marketConnectCRE Chicago & Midwest, by Jasmine Kilman; 2/26/24Cushman & Wakefield has arranged a new long-term 15,310 square-foot lease for Kinship PACE of Illinois at the Bricktown Square shopping mall in Chicago. Kinship PACE of Illinois is a program of all-inclusive care for the elderly (PACE). This latest lease marks Kinship Health’s first location in Illinois.
Ascension posts $708M quarterly turnaround
02/21/24 at 03:00 AMAscension posts $708M quarterly turnaroundBecker's Hospital CFO Report, by Alan Condon; 2/19/24Ascension reported a net income of $359.5 million in the fiscal second quarter ending Dec. 31, which is a $708 million improvement on the $238.1 million net loss it reported during the same quarter in 2022. "We remain focused on improving hospital operations, ensuring sustainability for the future and making purposeful decisions that improve the health of individuals and the communities we are privileged to serve,"CFO Liz Foshage said. "Our Q2 quarterly results are a demonstration of this commitment and a signal that we continue to move in the right direction."
9 health systems newly approved for 'hospital at home'
02/20/24 at 03:00 AM9 health systems newly approved for 'hospital at home'Becker's Health IT, by Giles Bruce; 2/15/24As of February, CMS has authorized 312 hospitals in 37 states spanning 131 health systems for the programs, where patients with such conditions as heart failure and sepsis are treated at home via nurse visits and virtual physician appointments. The top health systems are caring for dozens of patients per day at home. [Click on the title's link above for] nine new health systems that have been OK'd for the CMS hospital-at-home waiver in the past six months (and their approval dates).
418 rural hospitals at risk of closure, breakdown by state
02/16/24 at 03:00 AM418 rural hospitals at risk of closure, breakdown by state
Experts see for-profit firms, rural areas as drivers of future PACE growth
02/16/24 at 03:00 AMExperts see for-profit firms, rural areas as drivers of future PACE growthMcKnights Home Care, by Adam Healy; 2/14/24InnovAge, the only publicly traded Program of All-Inclusive Care for the Elderly company, revealed last week that it continues to grapple with regulatory challenges. But its stumbling blocks of late are not curbing interest in PACE. The program — funded by Medicare and Medicaid — has continued to grow in recent years, leading states to explore new and innovative ways to bring PACE to a greater share of residents.
Care Guide Partners PACE Center secures $500,000 grant
02/16/24 at 02:15 AMCare Guide Partners PACE Center secures $500,000 grantThe News-Enterprise; 2/14/24Care Guide Partners, an affiliate of Hosparus Health, recently was awarded a $500,000 lead grant from the Legacy Foundation of Kentuckiana. This contribution supports the launch of the Care Guide Partners PACE Center, at 109 Buffalo Creek Drive in Elizabethtown. Scheduled to open next quarter, the PACE Center will increase accessibility to comprehensive health care services for seniors in and around the region, a news release from the organization said.
The nexus between palliative care and PACE programs
02/16/24 at 02:00 AMThe nexus between palliative care and PACE programsHospice News, by Jim Parker; 2/14/24Palliative care is becoming an increasingly prevalent component of Programs for All-Inclusive Care of the Elderly (PACE) programs. PACE programs offer a comprehensive approach to care for participants who meet certain eligibility criteria, mainly to seniors who have significant medical and non-medical needs to help them age in place and avoid the hospital or nursing homes. PACE allows hospices to offer services to address social determinants of health, such as homemaking, transportation, home modification and others.
Will home care’s wage violations spark closures—or more workers?
02/13/24 at 03:00 AMWill home care’s wage violations spark closures—or more workers?Modern Healthcare, by Diane Eastabrook; 2/5/24Home care providers are split on whether the Labor Department’s fines against the industry for wage violations could force more business closures or attract more workers to the high-demand sector. As more care moved into the home during the COVID-19 pandemic, the department’s Wage and Hour Division targeted home care and home health providers in 2021 for overtime infractions, worker misclassification and other violations of the Fair Labor Standards Act.
8 C-suite roles to watch
02/13/24 at 03:00 AM8 C-suite roles to watchBecker's Hospital Review, by Alexis Kayser, 2/8/24In the past year, more than 40 health systems have taken a closer look at their leadership teams — adding, subtracting, redesigning and combining roles to position their C-suites for the future. [Click on the title's link for] eight evolving executive positions Becker's is tracking.
Why some health systems say 'hospital at home' not 'worth it'
02/13/24 at 03:00 AMWhy some health systems say 'hospital at home' not 'worth it'Becker's IT, by Giles Bruce; 2/9/24Some health systems have decided that providing hospital-at-home care "might not be worth it," NBC News reported. While "hospital at home" has exploded in popularity in recent years, particularly since CMS started reimbursing for it, some systems have been reluctant to partake in the trend because the CMS waiver expires at the end of 2024, ...
Minnesota nurses union proposes cap on hospital CEO pay
02/13/24 at 03:00 AMMinnesota nurses union proposes cap on hospital CEO payBecker's Hospital Review, by Kelly Gooch; 2/7/24The Minnesota Nurses Association has introduced a "Healing Greed Agenda" outlining its priorities for the 2024 Minnesota legislative session, including a limit on CEO pay at nonprofit hospitals. The union, which represents 22,000 registered nurses and other healthcare professionals in Minnesota, Wisconsin, North Dakota and Iowa, did not indicate a specific amount in its agenda.
Atlanta’s health care system is strained by major hospital’s closing, doctors and patients say
02/12/24 at 03:35 AMAtlanta’s health care system is strained by major hospital’s closing, doctors and patients sayNBC News, by Bracey Harris and J.J. McCorvey; 2/7/24At Emory University Hospital Midtown in downtown Atlanta, two mobile pods have been stationed outside the emergency room. Doctors have been called in during extra busy “surge” times, and an administrator described patients on stretchers lining the halls. ... Nearby, Grady Memorial Hospital is so packed that ambulance traffic is sometimes routed to facilities miles away. ... These are the aftershocks from the closing in 2022 of Atlanta Medical Center in a city that already struggled to meet demand for services and provide accessible care.
Nursing home system faces foreclosure amid $51M in unpaid debt
02/12/24 at 03:15 AMNursing home system faces foreclosure amid $51M in unpaid debtBecker's Hospital Review, by Mariah Taylor; 2/6/24A Peoria, IL based nursing home and assisted living company has entered foreclosure proceedings after lenders alleged it owes $51 million in unpaid debts, the Peoria Journal Star reported Feb. 5. Petersen Health Care, which owns 17 facilities, entered the foreclosure agreement with X-Caliber Funding and Capital Funding in two separate federal cases in January. Petersen alleges it was the victim of a ransomware attack in fall 2023 that took down its billing system at several facilities and "crippled" its finances.
Petersen Health Care in battle for $50 million share of massive nursing home portfolio
02/12/24 at 03:15 AMPetersen Health Care in battle for $50 million share of massive nursing home portfolioMcKnight's Long-Term Care News, by Josh Henreckson; 2/6/24An operator of nearly 100 Midwest care facilities is now embroiled in a two-front legal battle over more than $50 million in loans. Two lenders say that Petersen Health Care has failed to make payments due at 17 nursing homes across Illinois, Iowa and Missouri and are seeking foreclosure. The Peoria, IL, company is among the largest care providers in the region, employing several thousand care workers at its facilities in suburban and rural Illinois.
As PACE grows, here’s what providers need to know about getting involved in the model
02/12/24 at 02:45 AMAs PACE grows, here’s what providers need to know about getting involved in the model Home Health Care News, by Patrick Filbin; 2/6/24 During the pandemic, some senior care models succeeded, and some didn’t. The Program of All-Inclusive Care for the Elderly (PACE) was one that did. In 2023, PACE enrollment exceeded 70,000 participants and has seen an over 40% growth in enrollment since 2019. ... But, in order for providers to become PACE partners or participants, they have to be as prepared as possible prior to the enrollment process.
How Steward Health’s relationship with private equity soured
02/09/24 at 03:00 AMHow Steward Health’s relationship with private equity souredModern Healthcare, by Alex Kacik; 2/5/24The financial decline of Steward Health Care may serve as a cautionary tale for health systems and other providers considering private equity investment.
Senior living providers can tap into $25 million grant to develop dementia-specific respite services
02/09/24 at 03:00 AMSenior living providers can tap into $25 million grant to develop dementia-specific respite servicesMcKnights Senior Living, by Kimberly Bonvissuto; 2/7/24Senior living operators who provide, or are considering providing, respite services for family caregivers of people living with dementia can apply for a piece of $20 million in grant funding. The Alzheimer’s Association will use a $25 million, five-year grant award from the US Department of Health and Human Services’ Administration for Community Living to establish a new Center for Dementia Respite Innovation tasked with making respite services and service providers more dementia-capable.
Amedisys rolls out in-home testing to reduce hospitalizations
02/09/24 at 03:00 AMAmedisys rolls out in-home testing to reduce hospitalizationsModern Healthcare, by Diane Eastabrook; 2/8/24Home health provider Amedisys said Thursday it will begin offering in-home molecular testing to patients that will help quickly identify urine, respiratory and wound infection pathogens.
Study highlights financial burden of dementia on older adults, families
02/09/24 at 03:00 AMStudy highlights financial burden of dementia on older adults, familiesGeorgia State University - School of Public Health, by Sam Fahmy; 2/7/24A team of researchers from the Georgia State University School of Public Health, the University of Washington School of Pharmacy and the University of California San Francisco analyzed data from a national sample of more than 4,500 adults aged 70 and older to arrive at what are thought to be the first comparisons of out-of-pocket expenses by dementia status and care setting. The researchers found that the median adult with dementia in residential facilities such as assisted living centers spent 97% of their monthly income on long-term care. People with dementia in nursing homes spent nearly 83% of their monthly income on long-term care.
CMS notifies HCA Mission Hospital of immediate jeopardy status
02/09/24 at 03:00 AMCMS notifies HCA Mission Hospital of immediate jeopardy statusBecker's Clinical Leadership, by Erica Carbajal; 2/6/24CMS has sent a letter to HCA's Mission Hospital in Asheville, N.C., to notify leadership that the hospital is in immediate jeopardy and must take action to avert the loss of federal funding...
Assisted Living Report Card allows consumers to compare communities based on reviews, inspections
02/08/24 at 03:00 AMAssisted Living Report Card allows consumers to compare communities based on reviews, inspectionsMcKnight's Senior Living, by Kimberly Bonvissuto; 1/30/24A new Assisted Living Report Card launched Monday in Minnesota, allowing consumers to compare assisted living communities based on resident and family reviews, along with state inspection ratings. In 2019, the state legislature provided funding to develop the report card and contracted with the University of Minnesota School of Public Health to complete a national review of quality measurements in assisted living.
CVS Health, academic medical center form ACO
02/08/24 at 03:00 AMCVS Health, academic medical center form ACOModern Healthcare, by Lauren Berryman; 1/25/24CVS Health and the Ohio State University Wexner Medical Center are partnering on an accountable care organization, they announced Thursday.
FTC sues to block proposed CHS-Novant hospital sale
02/08/24 at 03:00 AMFTC sues to block proposed CHS-Novant hospital saleModern Healthcare, by Alex Kacik; 1/25/24The Federal Trade Commission on Thursday sued to block Novant Health’s planned $320 million acquisition of two North Carolina hospitals from Community Health Systems, alleging the deal could increase costs and reduce care quality. In February, CHS and Novant signed a definitive acquisition agreement involving Lake Norman Regional Medical Center in Mooresville and Davis Regional Medical Center in Statesville, which is transitioning from an acute-care hospital to an inpatient behavioral health facility.
The doctor will see you … when? Regs, reimbursement delay SNF patient access
02/08/24 at 03:00 AMThe doctor will see you … when? Regs, reimbursement delay SNF patient accessMcKnight's Long-Term Care News, by Kimberly Marselas; 1/31/24Patients seen by a physician or other advanced practice provider within a day of a skilled nursing admission were less likely to be rehospitalized compared to patients seen two days post-admission or later. But various obstacles tend to push those physician visits well beyond the first few days of care, University of Pennsylvania researchers found.
[Home Health] Agencies score high on professionalism, lower on patients’ likelihood to recommend to others: CAHPS report
02/08/24 at 03:00 AM[Home Health] Agencies score high on professionalism, lower on patients’ likelihood to recommend to others: CAHPS reportMcKnight's Home Care, by Adam Healy; 1/30/24Home health agencies across the U.S. were graded highly on their professionalism, but many patients have indicated they might not be likely to recommend their services to others, according to the Home Health Consumer Assessment of Healthcare Providers and Systems program’s most recent report. A total of 998,092 HHCAHPS surveys spanning more than 7,000 agencies were completed between July 2022 and June 2023, according to the report released by the Centers for Medicare & Medicaid Services.