cltc Weekly  | HCPro

In this issue - May 17, 2007

  1. Advancing Excellence wants you

  2. Ventas notches major growth in Q1

  3. Elderly still falling after preventative coaching

  4. Tip of the Week: Protecting your facility when claims are litigated

  5. This week’s question: What would you like to see most from CMS’ new administrator?

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CLTC Weekly
May 17, 2007
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Advancing Excellence wants you

This week is National Nursing Home Week, and with it comes a renewed membership push from the Advancing Excellence in America's Nursing Homes campaign. Advancing Excellence is an alliance of the country's largest long-term care associations with CMS, state survey agencies, and other long-term care stakeholders. The campaign seeks voluntary membership from nursing homes nationwide, and has signed up 4,100 facilities already, according to a press release.

For more information and a rundown of the campaign's mission, visit the official Web site at http://www.nhqualitycampaign.org.

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Ventas notches major growth in Q1

Louisville, KY-based Ventas Inc. is off to a banner year start in 2007, reporting a net income in the first quarter up 55% ($45 million) from the same period last year ($29 million), according to a company press release. Ventas' total revenues also increased by 25%, to the tune of $122 million, up from $98 million last year. Ventas spokespeople attributed the bump in profits to a rent reset on the 255 facilities it leases to Kindred Healthcare, Inc., and also strong internal growth. Ventas also purchased Sunrise Senior Living Real Estate Investment Trust for $1.96 billion.

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Elderly still falling after preventative coaching

A recent study by the University of Wisconsin suggested fall prevention coaching for seniors did not decrease the number of falls that occurred, according to the Journal of the American Geriatrics Society.

The 349 subjects were 65 or older, with a history of either two falls within the past year or one fall that left them with an injury or balance problem in the past two years. Trained nurses performed a series of intervention techniques, starting with an initial fall risk assessment using an algorithm. Recommendations were made on a case-by-case basis to the subjects and their physicians, including referrals to physical therapists, regularly scheduled phone calls made 11 times per month, and designated exercise and balance plans. The study did not show substantial differences in the results between the control group and the intervention group.

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Tip of the Week: Protecting your facility when claims are litigated

Workers’ compensation claims tend to proceed to litigation when employees feel they are not getting paid what they should, or when the insurance company doesn’t think an employee is disabled to the extent claimed, according to Martin Schneider of Schneider and Ricci, a Salem, MA-based firm specializing in workers’ compensation.

Click here to read more.

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This week’s question: What would you like to see most from CMS’ new administrator?

Go to http://www.hcpro.com/long-term-care/ and scroll down to the bottom right corner of the page to add your answer.

LAST SURVEY'S RESULTS: How does your facility feel about the latest GAO report on penalties for mediocre nursing facilities?

Penalties are too strict now - 45%

Penalties are just right - 35%

Penalties are too lenient now - 20%

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Join us on Wednesday, May 23 for the live audioconference Billing Medicare as a Second Payer: How SNFs Can Successfully Work with MSPs. Review the regulations, learn when it’s appropriate to bill Medicare as a secondary payer, how to use the MSP screening form, bill conditionally, and more. Additionally, our speakers will offer step-by-step guidance through sample claims.

Visit HCPro's Healthcare Marketplace to register today. Or, if you'd prefer, call 800/650-6787 and mention source code EZINEAD.


Join Contemporary Long-Term Care on Tuesday, June 5, for the live audioconference F-Tag #329 Demands Gradual Dose Reduction: How SNFs Can Comply with Strict New Drug Guidelines. Our experts will present advice and use role-playing to help you identify the specific and ongoing actions your facility needs to take to minimize unnecessary drug use via gradual dose reductions.

Visit HCPro's Healthcare Marketplace to register today. Or, if you'd prefer, call 800/650-6787 and mention source code EZINEAD.


        

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Get those extra dollars . . . it’s as easy as 1,2,3!

Packed with checklists and tools, including filled out sample UB-04 forms, Part B Billing 1,2,3. Second Edition walks billers through the complicated process of billing ancillaries, such as wound care supplies, under Part B. Make sure your SNF is continuing to turn billing for ancillaries into revenue.

Visit HCPro's Healthcare Marketplace to order today, risk-free. Or, if you'd prefer, call 800/650-6787 and mention source code EZINEAD.




CONTACT US

Chad Berndtson
Editor
cberndtson@hcpro.com



CLTC WEEKLY

Volume 2 Issue 20

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