What three attributes of skilled nursing facilities thrive during upheaval? Betsy Rust shares our benchmarking findings and weighs in via McKnight’s.
Betsy Rust, leader of our senior care strategy and operations consulting practice, recently discussed a few important findings from our Make the Mark benchmarking report with McKnight’s. The report identified three key attributes of skilled nursing facilities that excel in times of upheaval:
- Labor models that allow providers to quickly respond to changes in occupancy.
- Cost-effective management of each episode of care.
- Readiness for the October arrival of the new Medicare Patient-Driven Payment Model.
Betsy noted that most nursing homes aren’t as far along as they should be on number three, suggesting that “our industry needs to get a lot more focused on assessing the resident from an ICD-10-coding perspective rather than the lens of how we’re paid under RUGs methodology.”