New analysis helps providers prep for PDPM, highlights 3 key attributes of nursing homes that excel in a time of ‘upheaval’
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.”