Economic Trends | Market Trends | Workforce
By: Beth Mace | March 12, 2018
The Labor Department reported that there were 313,000 jobs created in the U.S. economy in February. This was above the consensus expectation of 205,000 jobs. This marked the 89th consecutive month of positive job gains for the U.S. economy. Revisions added 54,000 jobs to the prior two months.
Economic Trends | Market Trends | Regulatory Environment | Senior Housing | Skilled Nursing | Workforce
By: Bill Kauffman | March 08, 2018
- Urban vs. rural occupancy trends diverge - Medicaid revenue mix nearly 50%
Economic Trends | Regulatory Environment | Senior Housing | Skilled Nursing | Workforce
By: Liz Liberman | February 07, 2018
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.
By: Beth Mace | February 02, 2018
The Labor Department reported that there were 200,000 jobs created in the U.S. economy in January. This was above the consensus expectation of 180,000 jobs. This marked the 88th consecutive month of positive job gains for the U.S. economy. Revisions subtracted 24,000 jobs to the prior two months. For all of 2017, the economy generated 2.2 million jobs. This marks the second time on record that the economy has created at least 2 million jobs a year for seven consecutive years (the first time was in the 1990s). The 2.1 million increase was less than the 2.3 million gain in 2016, however.
