Long-term Care: SNFs Face Tough Financial Realities When Complying With Medicare Guidelines
Nursing homes face possible fines of $50,000 or more. The feds and many states are putting new muscle into their efforts to boot poor-performing nursing homes out of business. But the real kicker is this: The policies and procedures SNFs think will protect them may bring them down.
The problem for many providers is implementing what amounts to a tangle of compliance-related policies and procedures, offers Reta Underwood, president of Long Term Care Consultants, Inc. in Louisville, KY. "If you have a four-inch thick binder sitting on a shelf, chances are no one on staff is going...
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