Skilled nursing facility leaders could be forgiven for breathing a sigh of relief now that the formal transition to the Patient-Driven Payment Model is behind them. Preparing for the biggest overhaul in Medicare reimbursements in two decades has been a challenging and stressful experience for the industry, where many facilities already operate on thin profit margins.
A lot of facilities have worked hard to implement new software and workflows.
They’d be forgiven for thinking their work is over. Yet it’s not.