The term “participating provider” has different meanings for different provider types.
What is the Regulatory Reform Initiative?
Jan 11, 2008
June 8, 2001, the Department of Health and Human Services (HHS) announced an initiative to reduce regulatory burdens in health care and respond faster to the concerns of health care providers, state and...
Where does CMS have offices?
Jan 01, 2008
CMS has headquarters in Baltimore and Washington.
What is the difference between Medicare and Medicaid?
Jan 11, 2008
Medicare is an insurance program.
What short-term trends are affecting nursing homes?
Jan 01, 2008
According to a Wall Street analysis conducted for CMS, here are several: • Wall Street is more pessimistic than in the past about sector prospects. • Higher Medicare payments are subsidizing lower...
What is CMS?
Jan 01, 2008
CMS is the Centers for Medicare & Medicaid Services.
How do nursing homes obtain revenues?
Jan 01, 2008
According to CMS, Medicaid paid 48 percent of nursing home expenditures in 2001.
Do smaller or non-profits face additional hurdles when trying to access capital?
Jan 11, 2008
Yes. They must rely on the debt markets to raise capital or in some cases attract philanthropic donations.
What are the major operating expenses for nursing homes?
Jan 11, 2008
Nursing facilities incur a variety of expenses for rent, labor, food, supplies, drugs, equipment, insurance, administration and other overhead.
Why do nursing homes need access to capital?
Jan 01, 2008
Nursing facilities invest capital for purposes including maintaining and updating current facilities, building or acquiring new facilities, reducing debt and debt payments and repurchasing stock.