Inpatient Rehabilitation Facilities

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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Congress Should Give a Raise to Hospitals and Docs, MedPAC Says

Congress should raise Medicare payment rates for hospitals and physicians next year while cutting fees to skilled nursing facilities and home care providers, MedPAC recommended on Thursday. The adjustments from the board, which advises Congress on Medicare policy, reflect inflationary pressures facing providers and concerns about maintaining Medicare beneficiaries’ access to care, committee members say.

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Bionik Laboratories Acquires Florida Rehabilitation Center; First in Strategic National Rollout

Bionik Laboratories Corp. (OTCPINK: BNKL) (“Bionik” or the “Company”), a robotics company providing neurological functional recovery solutions to stroke survivors and others with functional and mobility challenges, today announces the acquisition of a rehabilitation center in Clermont, FL. The center is revenue-producing, profitable and has an existing roster of patients and referral sources. Bionik intends

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CMS Hikes Medicare Pay for Rehab, Psychiatric and Hospice Providers

Inpatient rehabilitation facilities, inpatient psychiatric facilities and hospice providers will see a boost in Medicare payment next fiscal year. In regulations issued Wednesday, the Centers for Medicare and Medicaid Services finalized a 3.8% payment update for hospices, which amounts to an estimated $825 million increase from 2022. Inpatient rehabilitation providers will see an overall 3.2%

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CMS Proposes 2.8% Pay Bump for Inpatient Rehab Facilities

Inpatient rehabilitation facilities and inpatient psychiatric facilities will likely see Medicare rate increases in fiscal 2023. The Centers for Medicare and Medicaid Services proposed inpatient rehabilitation facilities get a 2.8% Medicare rate increase in fiscal 2023. That would increase payment by $170 million compared to fiscal 2022 if CMS finalizes its proposal, which is based

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