When sitting down at the negotiating table, rehabilitation companies can often have an edge over the skilled nursing facilities where they provide services. This is especially true as providers take stock of their costs and care models in preparation for the new Medicare payment system taking effect next year.
But that doesn’t mean that SNFs are helpless as they go into contract negotiations with their third-party therapy providers.
“The first question I think [SNFs should be asking] is something along the lines of: How are you viewing your therapy utilization under the PDPM, and how are you renegotiating contracts with your other customers?” Cory Rutledge, managing principal and senior living leader at the accounting firm CliftonLarsonAllen, told Skilled Nursing News.
Read Full Article