Wednesday, August 8, 2012

Provider Magazine: Highlights from the August 2012 Issue

In the cover story of this month’s latest issue of Provider magazine, assisted living owners and operators are talking about the possibility of becoming part of the Medicare revenue stream.  Contributing Editor Lynn Wagner finds that in states where the regulations allow high levels of medical care to be delivered in assisting living, the incentive to join forces with ACOs and hospitals is irresistible.  Kevin Stagg, CFO of Christian Health Care Center, says, “What we’ve seen in the past five years is residents who previously would have been in a nursing home are still in assisted living.  Care that was once provided in the hospital is moving to nursing facilities, and from nursing homes to assisted living.”

Investments in direct-care staff are the focus of this month’s feature story, which highlights various innovative approaches providers are taking to improve staff satisfaction in compensation, opportunity, and support.  Improvements in these areas have been shown to produce impressive results, such as higher retention rates and better quality of care.  The lesson here: Organizations that make the most creative and unwavering investments in their direct-care staff are likely to see the best results.

CCRCs are grappling with some sticky legal conundrums, and knowing what they are and what laws affect them are important first steps in reducing risk for these providers, according to attorney Andrew Bart, author of this month’s Legal Advisor column. The movement of residents from one level to another, and the separation of healthier residents from those with disabilities, are addressed in this informative article.
Streamlining and tracking inventory are two key take-aways from this month’s Management column, which offers tips for food service managers on how to better track inventory and watch the bottom line at the same time.

Pick up the latest issue today to find out the latest news and trends in long term and post-acute care.  Read more from Provider here.

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