Inpatient Rehabilitation Facilities

Strategic Partnerships in the Inpatient Rehabilitation Industry: Highlights, Opportunities, and Risks

Approximately 45% of acute care discharges are subsequently admitted to a post-acute setting nationwide, including approximately 4% who are admitted to an inpatient rehabilitation facility (IRF). An IRF is a freestanding inpatient facility or specialized unit within an acute care hospital that offers intensive rehabilitation to patients after illness, injury, or surgery. Now more than […]

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Medicare Proposes 3% Pay Boost for Inpatient Rehab Providers

Inpatient rehabilitation facilities would receive a net 3% Medicare reimbursement increase in fiscal 2024 under a proposed rule the Centers for Medicare and Medicaid Services issued Monday. Using updated 2021 market basket data, CMS proposes 3.2% a base payment boost minus a 0.2% productivity adjustment. Last year, CMS initially proposed a net 2.8% reimbursement hike

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Select Medical and Lutheran Health Network Partner to Provide Inpatient Rehabilitation and Critical Illness Recovery Post-Acute Care to the Greater Fort Wayne Area

Select Medical Corporation (Select Medical) and Lutheran Health Network of Indiana, LLC, a subsidiary of Community Health Systems (CHS) have announced the formation of a joint venture to provide inpatient rehabilitation and critical illness recovery care in Fort Wayne, Indiana. As part of the agreement, CHS will contribute its existing 36-bed Lutheran Health Network Rehabilitation

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Lifepoint Health Acquires Four Inpatient Rehabilitation Facilities from Everest Rehabilitation Hospitals

Lifepoint Health®, a diversified healthcare delivery network dedicated to its mission of making communities healthier®, announced that it has acquired four inpatient rehabilitation facilities from Everest Rehabilitation Hospitals, a multispecialty rehabilitation hospital company. The facilities joining Lifepoint are located in Longview, Texas; Temple, Texas; Rogers, Arkansas and Cincinnati, Ohio. The four facilities included in the

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Select Medical and AtlantiCare Enter Joint Venture to Own and Operate New Inpatient Rehabilitation Hospital and 13 Outpatient Physical Therapy Centers in Southeastern New Jersey

Select Medical has announced a joint venture agreement with AtlantiCare to own and manage operations of a new inpatient rehabilitation hospital and 13 outpatient physical therapy centers throughout the southeastern region of New Jersey. Select Medical will serve as both the majority owner and managing partner across the two post-acute care lines. Under the agreement,

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