Healthcare

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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IRS Section 199A Update

The IRS has recently issued the final regulations on the qualified business income deduction (IRC section 199A) that was part of the Tax Cuts and Jobs Act (TCJA). A little background: The qualified business income deduction represents a deduction up to 20% of income from a domestic business operated as a sole proprietorship or through […]

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2019 Part B Fee Schedules & Industry Updates

The New Year brings many changes to the Long-Term Care Industry. We are pleased to provide you with updates on some of these changes. In this issue: 1.  2019 Part B Fee Schedules 2.  Therapy Caps Update 3.  Multiple Procedure Payment Reduction Remains in Effect 4.  Make Sure your PS&R System Login is Active! 5.  […]

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