News related to "value based reimbursement"
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On July 15, 2020 by Jodi Boyne
The Blue Ribbon Commission created by the Minnesota Legislature in 2019 to identify recommendations that would save $100 million in state health and human services expenditures over the coming biennium is soliciting public and stakeholder input on its draft final report.
On November 12, 2019 by Jeff Bostic
The fifth set of annual rates calculated using the new Value Based Reimbursement (VBR) system will take effect on Jan.1, 2020 and they are due to be released to providers by Nov. 15. The Minnesota Department of Human Services (DHS) has indicated that as of now they expect that rate notices for most care centers will be posted on the provider portal by that deadline.
On July 10, 2019 by Jeff Bostic
Despite a continued trend of improved financial performance in care centers that started in 2016, new data from the Nursing Facility Financial Indicators survey makes clear that providers continue to face significant financial challenges.
On May 29, 2019 by Jeff Bostic
The outcome of the short legislative special session last week turned out to be much more positive for care centers than we had feared for the last few months. The proposed cuts in operating rates, which were in the Governor’s budget proposal and the House budget bill, were dropped from the final Health and Human Services (HHS) budget bill due to objections by the Senate.
On May 15, 2019 by Libbie Chapuran
Unfortunately, cuts to care centers are still on the table at the Capitol. But we still have time to act!
On April 30, 2019 by Kari Thurlow
The Legislature returned from its spring recess and picked up the pace on passing its major finance bills, including the Health and Human Services budget.
On April 16, 2019 by Kari Thurlow
The Legislature is on its annual spring break this week, so we thought this would be a good time to update you with where things stand. There are several key issues at stake, with differing approaches taken in the House and the Senate. Now is a critical time for all lawmakers to hear from providers, caregivers, trustees and seniors about the concerns we may have with various proosals. Here is a summary of the key issues:
On April 10, 2019 by Libbie Chapuran
House File 2414, the House’s Omnibus Health and Human Services Bill, contains several sections that would have a serious and potentially devastating impact on senior care. The bill cuts nursing home funding, over-regulates assisted living, expands swing beds and fails to invest in Elderly Waiver.
On April 3, 2019 by Kari Thurlow
The Minnesota House Health and Human Services (HHS) Finance Division yesterday unveiled its nearly 1,000-page budget bill, and it doesn’t contain a lot of good news for senior care providers. LeadingAge Minnesota and the Long-Term Care Imperative oppose this bill and are asking members to join us in turning up the volume on the devastating impact it could have on the growing number of seniors you serve and those who provide them with care.
On March 27, 2019 by Kari Thurlow
It has been another busy week at the State Capitol as the House and Senate push to meet its second policy deadline on Friday. Committees are working day and night to squeeze bills into hearing agendas to keep certain pieces of legislation alive. Governor Walz released his supplemental budget recommendations and is prepping for his first State of the State address on April 3. And we are deep in the trenches advocating and testifying – in favor and in opposition – on bills that have a direct impact on our field and the people we serve.
On March 26, 2019 by Jodi Boyne
Recent national media attention on care center closures in rural areas of the U.S. hit close to home, as six care centers have closed in Minnesota since 2017. The Governor’s proposed cuts to Value-Based Reimbursement could further contribute to this unfortunate trend. Gayle Kvenvold, President & CEO, LeadingAge Minnesota was recently interviewed by Minnesota Public Radio on care center closures and the impact it has on residents, families and the community at large.
On March 19, 2019 by Jeff Bostic
Care center occupancy is at an all-time low and the workforce situation is only getting more challenging, according to a new analysis we recently completed based on the 2018 occupancy survey and 2019 Long-Term Care Imperative legislative survey.
On June 26, 2018 by Jeff Bostic
The Long-Term Care Imperative's annual nursing facility financial indicators survey shows a continued a trend of improvement that started in 2016, largely due to the new Value-Based Reimbursement (VBR) system that began on Jan. 1, 2016. Despite the improvement, the data makes clear that providers continue to face significant financial challenges.