Healthcare

PDPM Rates Now Available!

CMS Issues FY 2020 Medicare SNF PDPM Rates Effective October 1, 2019 The Centers for Medicare & Medicaid Services (CMS) published the final rule updating Medicare rates for skilled nursing facilities for federal Fiscal Year (FY) 2020 in the August 7, 2019, Federal Register. The rates will be effective from October 1, 2019, through September […]

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July 2019 Five-Star Ratings: No Change for 70% Of Nursing Facilities

The July Five-Star Quality Ratings for nursing facilities (NF) show that 70% of facilities had no change in star ratings. This comes one quarter after major changes to the rating system caused a decrease in stars for 37% of facilities. For a detailed explanation of the changes, please read this article on our website. The […]

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Northeast Ohio nursing homes are diversifying to stay afloat

Information compiled by HW&Co. was recently used in a Crain’s article about skilled nursing facilities. “Nursing homes across the country are having to diversify their services and get innovative as they grapple with tough competition, insufficient reimbursement and tight margins.” Read the full article here. Start a conversation with HW Healthcare Advisors to learn more […]

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APRIL 2019 FIVE-STAR RATINGS DECREASE FOR 37% OF NURSING FACILITIES

The Five-Star Quality Rating system for nursing facilities (NF) was created to help consumers and families more easily compare nursing homes and identify high and low performing facilities.   Facilities are given a Five-Star rating in 3 areas – Health Inspections, Staffing and Quality Measures – which are then combined to calculate an Overall rating.  It […]

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