BREAKING: Biden’s latest executive order and 3.7% pay increase
Peter Murphy Lewis
✴️ Fractional Chief Marketing Officer 📺 TV host 🎙️ Podcaster 📷 Documentarian🗿 Spanish-speaker 🏃 Ultra-marathon Champ 🌻Kansas Kid 🦄
Welcome back, everyone!
Let's dive into the industry news for this week...
President Biden Empowers Caregivers, Hopes to Transform LTC
President Biden took a major step toward revolutionizing LTC with his latest executive order. The groundbreaking order entails enhanced hospital discharge planning, improved access to information, expanded respite care, and better guidance on Medicaid funding. Caregivers, LTC workers, and residents nationwide can anticipate more support and improved quality of care.
The CMS Reveals SNF Payments Boost
SNFs are preparing for a significant financial surge after the CMS announced an increase in SNF payments by 3.7% in 2024. This much-needed boost also promises sweeping changes to enhance the SNF Value-Based Purchasing (VBP) and Quality Reporting Program (QRP) programs.
Until next time!
Peter