The decision by skilled nursing organizations to outsource therapy services is done for a variety of reasons including a lack of internal expertise, a desire to save money or simply to free up management time and resources to function on other areas of the business. The process of selecting a therapy provider can be formal, …
Time for an RFP? 5 Areas to Evaluate Your Contract Therapy Provider Read More »
Higher wages, lower census, lower reimbursement rates are all among the factors creating financial pressure on skilled nursing organizations. There are no single solutions to these pressures which is why it is so important that operators look for cost savings throughout their organization. One opportunity for cost savings exists within the therapy department of many …
The phrase “is the grass really greener on the other side” is generally used to imply that things are not necessarily better on the other side. However, there are times when the “other side” may be better. The challenge is determining when the other side might be better, or are things on your side best …
Is the Grass Really Greener on the Other Side – Part I Read More »
As we approach the 2-year mark of PDPM implementation, it is important to review where your facility stands today compared to pre PDPM, in terms of therapy services as well as clinical outcomes and the drivers behind any changes. When PDPM was implemented, reimbursement shifted from primarily a therapy driven model based on the volume …
As we approach the second anniversary of the Patient Driven Payment Model (PDPM) many skilled nursing organizations find themselves once again negotiating new therapy contracts. During the past two years the industry was less focused on reimbursement and contract pricing and more on surviving the challenges of the pandemic. As life begins to return to …
Six Questions to Consider when negotiating new therapy contracts Read More »
Outsourcing your therapy program to a third party provider shifts many of the responsibilities and challenges, which in turn allows you to focus on other aspects of managing your skilled nursing facility. While the daily responsibility for therapy has been shifted, it is still important to periodically evaluate the performance of your therapy provider. This …
A new study published in the journal Health Affairs shows that therapist staffing coverage in nursing homes fell up to 10% in the 4th quarter of 2019 compared to the same quarter in the previous two years. Why is that significant? The 4th quarter of 2019 was the first quarter following the implementation of PDPM, …
