Many of you are familiar with the Future Leaders Council (FLC), the prestigious volunteer board for emerging leaders in the seniors housing and care space. The FLC is one notable program designed to deliver on NIC's mission of nurturing leaders. But did you know NIC is also a sponsor for the National Emerging Leadership Summit (NELS)? As a member of the steering committee and a NELS Alumna, I represent NIC at this annual three-day summit in Washington, D.C., where rising stars in the seniors housing and care industry learn about leadership, advocacy, and career opportunities. NELS appears almost as an "FLC Light," attracting property-level executives in the early stages of their careers. Like the FLC program, NELS challenges its participants to complete group projects, but for a one-year instead of FLC’s three-year commitment.
Each year the Centers for Medicare & Medicaid Services (CMS) announces adjustments to regulations and compensation for Medicare Advantage for the following year. Medicare Advantage (MA) providers then have a widow of time in which to submit to the federal government program designs for the following year's MA plans in compliance with the announced adjustments.
The Centers for Medicare & Medicaid Services (CMS) recently announced a new, voluntary bundled payment program, designed to curb Medicare costs for 32 different medical episodes by paying providers a single payment per episode. The new program puts hospitals and physicians in the driver’s seat, enabling them to select or convene care delivery partners and distribute financial benefits earned as a result of reducing the costs to Medicare. The new model, Bundled Payments for Care Improvement Advanced (BPCI Advanced), will replace existing voluntary BPCI models, including BCPI 3, which put skilled nursing providers in charge of care episodes. BPCI Advanced includes several incentives for participation among hospitals and physician groups, but not without drawbacks. If BPCI Advanced gains traction, skilled nursing providers may have to adapt to benefit from the model or risk being left out.