Becoming a Proactive Provider in a Value-Based World

August 1, 2021
How Skilled Nursing Facilities Can Prove Their Value as an Ideal Partner What do Accountable Care Organizations (ACOs), hospitals, and health systems participating in value-based payment models (such as the Bundled Payment Care Improvement Advanced) look for when referring patients to a post-acute care (PAC) facility? They want a reliable partner who not only shares their goals of well-coordinated care, improved patient outcomes, and reduced costs but also delivers with proven results. It’s no secret that post-acute providers, especially Skilled Nursing Facilities (SNFs), are facing more challenges than ever before. The steady decline in occupancy and critical staffing shortages were...read more

VOICES: Scott Rifkin, Executive Chairman and Founder, Real Time Medical Systems

July 27, 2021
This article is sponsored by Real Time Medical Systems. In this Voices interview, Skilled Nursing News sits down with Real Time founder and executive chairman Scott Rifkin, MD, to learn how interventional analytics gives SNFs a competitive edge in today’s value-based landscape. Rifkin explains how as a former SNF operator, he secured a Medicare average rate of about $800 a day and shares the origin of his journey into skilled care. Skilled Nursing News: What career experiences do you draw from most frequently in your role today? Scott Rifkin: I started as a patient. Due to chronic health issues, I spent...read more

Four Ways Data Transparency Helps Advance Shared Savings in Your Post-Acute Network

June 15, 2021
The Centers for Medicare & Medicaid Services (CMS) “Pathways to Success” rule for Accountable Care Organizations (ACOs) has five goals: accountability, competition, engagement, integrity, and quality, all aimed at improving patient care. But as today’s ACOs assume more down-side risk, and seek to regain their equilibrium from the upheaval of the COVID-19 pandemic, they must adopt a sixth objective – increasing shared savings in their network. Where do ACOs go to find those additional savings? Each part of their network is already focused on providing the highest quality patient care while keeping costs to a minimum. However, are the ACOs keeping close...read more

Attention ACOs! Data Transparency Can Improve Your Earned Shared Savings

May 10, 2021
Today’s Accountable Care Organizations (ACOs) continue to earn shared savings under the Medicare Shared Savings Program (MSSP)…but it’s not as easy as it once was. Some ACOs are turning to risk-sharing strategies or improved post-acute care (PAC) clinical standardization to expand their MSSP success. Yet, there’s still more they can do to lower costs and increase quality of care for Medicare beneficiaries – and thus grow their own rewards. Let’s take a brief look at the history of the MSSP, how it has evolved, and how access to real-time PAC patient data can take shared savings to the next level....read more

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