The OPEN MINDS Executive Blueprint for Crisis ManagementBuilding Organizational Sustainability & Success in a Disrupted Health & Human Service Market
A 32-week program designed to help executive teams navigate the business, organizational, operational, and culture changes of a market in turbulence. The program, based on the seven-component OPEN MINDS executive blueprint, combines a series of 35 live educational web briefings with online technical assistance and a suite of on-demand resources.
Nursing Homes Facing Financial Crisis Due To Medicaid Reimbursement 20% Below Cost & Higher Costs To Manage COVID-19
Nursing homes are in a financial crisis due to low Medicaid reimbursement and higher costs to manage the facility response to coronavirus disease 2019 (COVID-19), according to the American Health Care Association/National Center for Assisted Living (AHCA/NCAL). Non-Medicare margins, which includes the revenue and costs associated with Medicaid and private payers, declined by 3% in 2018. Before COVID-19, average nursing home operating margins for all payers were -0.3%. Nationwide, Medicaid reimbursements cover from 70% to 80% of the cost of care, and Medicaid is the payer for more than 60% of all nursing home . . .