Poor risk management can cost skilled nursing facilities in many ways. Here are seven of the most common: Legal and Financial Consequences: SNFs face lawsuits and penalties for failing to manage risks. Poor risk management practices can expose SNFs to significant legal and financial consequences, including lawsuits, fines, and penalties. These legal and financial costs
The nursing home industry is highly regulated, with federal and state regulations governing every aspect of care, from staffing levels to resident safety. Failure to comply with these regulations can result in fines, penalties, increased insurance premiums and unforeseen expenses that can have a significant impact on a nursing home’s financial stability and reputation. It
As nursing home populations continue to grow, so do the number of lawsuits filed against skilled nursing facilities (SNFs). From neglect and abuse to medication errors and falls, SNFs can face legal action for a range of reasons. Being aware of the top lawsuit categories can help SNFs take proactive measures to prevent such incidents
Top 5 Best Practices of a Successful SNF Operator One principle is certain in skilled nursing and that, unfortunately, is change. Today, caring for our seniors couldn’t be more intense. Covid-19 devastated both our seniors as well as their caregivers. Policy-makers imposed regulatory restrictions that the industry suggests have limited impact on care quality: Nearly
On 24 October 2022, the Centers for Medicare & Medicaid Services (CMS) issued an 847-page document updating its 2016 regulatory guidelines for nursing home surveyors. The document represents part of the Biden-Harris Administration’s initiative to promote the safety and quality of nursing home care across the country. These updates empower surveyors to collect additional data
SNF Metrics was thrilled to be a supporter of the Zimmet Reimbursement Conference this year. 1,300 SNF operators, clinicians, owners, administrators, and partners came together to peel away the layers and layers of reimbursement misunderstandings and refine our skills, share stories, and get a clear, accurate update on what’s to come. As I sat in
With his leadership positions in various software corporations, including his experience as a chief executive officer for several organizations and his service as the Chief Executive Officer of SNF Metrics, Hillel provides a unique operational excellence perspective on the use of software to foster digital transformation. Before joining SNF Metrics, Hillel was co-Founder of incentX,
It is hard to believe it’s been 15 months since the last Ecap- probably the longest 15 months in history where every hour felt like a day and every day like a week. As an industry, it has probably been the most trying time we have experienced. Our facilities were devastated by COVID – from
Leading LTC Data and Service Organizations Partner to Deliver Five organizations that serve Long Term Care facilities have teamed up to create Tracking-19, a free resource that helps nursing homes to manage the exponential increase in the number of COVID-19 related requirements. SNF Metrics, SHOPP, PRIME SOURCE, Zimmet Healthcare, and People Powered Nursing created