LTC Ally Articles

Effective financial management is crucial for the sustainability and success of long-term care facilities. As the industry navigates an increasingly complex landscape, decision-makers and financial planners must adopt innovative strategies to optimize their financial performance.  These real-world case studies demonstrate how implementing strategic financial practices can lead to improved operational efficiency and enhanced financial health. ... Practical Examples of Long-Term Care Financial Management Strategies

A Steal or a Bad Deal? 5 Pitfalls to Avoid in Skilled Nursing Facility Acquisitions By Steve Zicherman, CPA Managing Partner, LTC Finance and Advisory Services Consider this scenario: A skilled nursing facility (SNF) is on the market, and you’re interested. If you’re a seasoned nursing home administrator ready to move into an ownership role, ... A Steal or a Bad Deal? 5 Pitfalls to Avoid in Skilled Nursing Facility Acquisitions

Happy New Year from LTC Consulting Services!      Transcript: 2018 was a whirlwind of a year. There was so much going on and we helped so many clients this year that the memories are just amazing. We’ve had clients that have been just spinning their wheels without making any headway at all. And ... Happy New Year from LTC Consulting Services!

Centers for Medicare & Medicaid Services to Cut Payments to Skilled Nursing Facilities The Protecting Access to Medicare Act of 2014 established a Value-Based Purchasing (VBP) Program for skilled nursing facilities (SNFs). SNFs were required to start reporting hospital readmission rates and other performance data to the Centers for Medicare & Medicaid Services (CMS) in ... Centers for Medicare & Medicaid Services to Cut Payments to Skilled Nursing Facilities

The New Medicare Advantage – Coming 2019 to an Insurance Broker Near You      Transcript: In a world of well intended plans, there is one plan that stands out. It’s called Medicare Advantage, with one company pushing the limits even further. Imagine getting paid to walk. Well, there’s an insurance company paying out ... The New Medicare Advantage – Coming 2019 to an Insurance Broker Near You

What is CHOW?      Transcript: Hey everyone, you remember Harold. What’s up? What’s up, Harold? I’m so happy to have you back here. Everybody’s been asking to have Harold back, so we got you back. We’re not going to talk rapping today, we’re going to talk business. You want to talk some business? ... What is CHOW?

Long-Term Care Statistics You Need to Know in 2018 If you operate a nursing home or other long-term care facility in the United States, your primary concern is to care for your senior residents and their families. However, finances are the lifeline of your facility, so you need adequate revenue to pay the bills and ... Long-Term Care Statistics You Need to Know in 2018