Monthly tips, tools, information & special offers
October 2021 | Issue 9
Solutions Spotlight
5 Misconceptions About Changing Therapy Providers

Discover the top 5 misconceptions about changing therapy providers in today’s environment and learn solutions for operators wanting to make important, strategic changes for the future of their therapy department. 
8 Tips to Attract and Retain Top Talent

Senior living communities have unique challenges when it comes to retaining quality staff, and the impact of the COVID-19 pandemic has placed additional stress on staff and residents. Currently, senior living communities across the country are struggling to fill a variety of positions in their dining departments as they compete with higher-paying, and sometimes less demanding, jobs in the food industry.
 
Communities need sound strategies to reduce turnover and avoid the costs of replacing high-quality staff members. This is especially vital in a competitive talent market.
Transitions To The Community Program:
Preventing Hospital Readmissions and Improving Resident Outcomes

One in four patients discharged to a skilled nursing facility (SNF) will be readmitted to the hospital within 30 days. Only half of all patients discharged to the community from a SNF remain home for greater than a month. Many of these readmissions and unsuccessful discharges to the community are potentially avoidable. Research has shown the majority of readmissions occur during the transition of care from one setting to another. These staggering statistics have forced the health care community to improve the transitions of care in order to reduce hospital readmission rates, decrease cost, and improve outcomes.
HHS Provider Relief Fund Portal Opens

The highly-anticipated and often delayed HHS Provider Relief Fund Reporting Portal officially opened on July 1, 2021 here. Along with the portal itself, a user guide, an excel template workbook, and several new FAQs were also issued. These are in addition to updated reporting guidance that was released on June 11, 2021 here. These new resources clarified and resolved several important issues.
Top 15 Things to Know About Vaccinating Staff

COVID-19 has certainly taken taking its toll on the nursing home industry where staffing was a challenge even prior to the COVID-19 pandemic. The recent directive by the federal government that is mandating that all employees of skilled nursing facilities to be COVID-19 vaccinated on or about October 18th, 2021, (the estimated last day for final COVID-19 Vaccine shot on October 4, 2021) further compounds the staffing crisis and could result in significant negative ramifications to the clinical, financial, and operational performance of nursing facilities. This new federal mandate comes shortly after the May 11th, 2021 regulation requiring nursing homes to report weekly the status of completed COVID-19 vaccinations for both residents and staff to Centers for Disease Control and Prevention’s (CDC) National Healthcare Safety Network (NHSN).
CORE Analytics Releases Medicare Advantage Platform 

The Medicare Advantage Post-Acute eXchange (MAPAX) delivers the industry’s first claims-based intelligence on current SNF-MA reimbursement, outcomes and value proposition. This data does not exist elsewhere, despite Medicare Advantage enrollment exceeding 40% of all beneficiaries nationally. Learn more here!
Special Savings from Value First!

Germ free is the way to be - save on COVID related costs!
HJ Sims Financing Catalysts for Future Growth

Senior living organizations may take several approaches to achieving financial success for their communities. However, there are certain strategies that can save time and money, and ultimately execute an effective, long-term and innovative financing solution for any capital needs. These strategies are focused on not only expanding capital and debt capacity, but also driving a lower cost of capital, all to support accelerated and smart growth.
Building Equity Into Your Employee Health Plan Design

As health insurance costs continue to rise, it’s more important than ever to evaluate your benefits. Emphasizing diversity, equity, and inclusion (DEI) in health plan design today can ensure your employees can access affordable care — it can improve recruitment, retention, and your bottom line as well.

Nonstop Administration and Insurance Services Inc., is excited to share this nine-point checklist for nonprofits, “Building Equity Into Your Employee Health Plan Design,” you will discover how to:

  • adapt benefits based on a cross-section of employees across the organization
  • enable staff earning lower wages to get better access to affordable care
  • align health plan design with DEI initiatives, recruitment, and the bottom line
New York Moves Ahead With Recreational Legalization of Marijuana and Expansion of Medical Marijuana Program

Though New York passed the Marijuana Regulation & Taxation Act (MRTA) on March 31, 2021, the state has since been slow to develop and share its plan to roll out the legalization of recreational marijuana and expansion of the medical marijuana program called for under the MRTA. On October 5, 2021, the first public meeting of the state’s Cannabis Control Board was held, providing some long-awaited insight into the details of the roll out and important updates regarding the state’s medical marijuana program.
Earn Free CEU Credits from Pharmscript

All webinars are approved for 1 NAB Credit for Nursing Home Administrators and Nurses. After registering, you will receive a confirmation email containing information on how to join the webinar. All webinars are recorded, archived, and posted on our website: www.pharmscript.com.
A Proactive, Resident-Centric Approach to Infection Control 

Senior living communities are increasingly grappling with occupancy challenges driven by health and safety concerns of older adults and their families.
More rigorous CMS infection control standards and staffing issues caused by employee health fears are putting pressure on budgets and overextended team members.
Sodexo’s ReAssure Program keeps senior communities safer by maintaining regulatory compliance and providing valuable safety reassurance to residents, families, and staff.
Budding Issues in New York State Employment Law

On March 31, 2021, New York Governor Andrew Cuomo signed the Marijuana Regulation and Taxation Act (MRTA) into law. This law provides protection to individuals over the age of 21 for the legal consumption of recreational marijuana. In this upcoming webinar, join Pullano & Farrow attorney, Daniel Christian, Esq., to learn how these recent provisions effect the workplace in New York State.
Insurance Marketplace Continues to Harden
For 2021, the insurance market continues to harden with significantly higher pricing. After approximately 20 years of a soft, buyer-friendly insurance market, the past few years have seen a firming or hardening market—one that is less friendly to insurance buyers.

While the effects of this hardening insurance market on long term care will depend on a variety of factors, most facilities will see premium increases for their insurance coverage overall. In fact, most facilities may see double-digit rate increases at their renewal.