A federal housing agency is close to selling a group of nursing homes it took over 18 months ago after the biggest default in the history of a government mortgage insurance program that provides critical support to the nursing home industry. The Department of Housing and Urban Development recently reached an agreement with Greystone, a
New Owner Is Selected After $146M Nursing Home Collapse Read More »
The only full-service hospital in Bayonne is in a state of limbo. The owner of Alaris Health, Avery Eisenreich, has purchased Bayonne Medical Center (BMC) but is not interested in operating the hospital, nor in helping CarePoint Health in its negotiations to find a new operator. So while BMC has a new landlord, CarePoint is
Prime Healthcare Abandons Bid to Purchase Bayonne Medical Center Read More »
Over 84,200 more eligible clinicians sufficiently participated in one of the Quality Payment Program’s Advanced Alternative Payment Models (APMs) in 2018 compared to the previous year, according to a new official blog post from CMS. New data points released Monday showed that 183,306 eligible clinicians earned Qualifying APM Participant (QP) status under the Advanced APM
Advanced Alternative Payment Model Participation Rose in 2018 Read More »
As presidential hopefuls jockey for position leading up to election day, healthcare is set to be perhaps the most hotly debated topic in 2020. While last year didn’t present the type of industry overhaul that some may have been expecting, 2019 was full of new healthcare trends and legislative changes that helped reshape the operating
10 Predictions for Healthcare Regulation and Legislation in 2020 Read More »
Gastroenterology investment dominated the specialty in 2019, with no signs of slowing down in 2020. Here, NextServices President and Co-founder Praveen Suthrum examines the current PE landscape in GI and offered insights into the future. Read the full article:
What Private Equity Has in Store for GI in 2020 Read More »
Here are 11 private equity transactions involving orthopedic practices and device companies in 2019, according to a list compiled by Becker’s Spine Review. Read the full article:
11 PE Transactions in Orthopedics in 2019 Read More »
Vermont’s largest in-patient mental health facility, the Brattleboro Retreat, has voted to begin the process of either closing or selling the facility due to financial troubles. Vermont Human Services Secretary Mike Smith says the state has invested millions of dollars into the privately run facility but says management “has failed to deliver fiscal stability to
Brattleboro Retreat May Close or Be Sold Due to Financial Crisis Read More »
Among the many changes coming to DeGraff Hospital this year, part of it is now up for sale. The five-story main hospital tower on 445 Tremont Street will be re-used as a redevelopment opportunity, per Kaleida Health. Pyramid Brokerage Company is looking to sell the 85,000-sqaure-foot building in North Tonawanda for for multi-family redevelopment or
Part of DeGraff Hospital Is up for Sale Read More »
ll eyes were on the legal drama over the Affordable Care Act as 2019 drew to a close — and while that case remains a focus for this year — a lot more is also at stake. Payers and providers are fiercely contesting a price transparency push from the Trump administration that would force privately
Beyond the ACA: Healthcare Legal Fights to Watch in 2020 Read More »
Doctors and hospitals have voiced support for the Trump administration’s efforts to encourage value-based care by reforming physician self-referral rules, but they oppose including any sort of price transparency requirements. The CMS wants to change Stark law regulations to make it easier for providers to enter into value-based arrangements without running afoul of kickback concerns.
Doctors and Hospitals Support Value-Based Stark Law Changes Read More »
