Long-Term Care Hospitals: More Profit, Less Staff
There's been a lot of discussion recently regarding a New York Times article that details patient care at long-term acute care hospitals-- a relatively new type of medical facility for patients requiring long-term medical care. Although these long-term care hospitals have many similarities to traditional nursing homes, they are structured to take advantage of Medicare reimbursement rules that pay higher rates of reimbursement for treating chronically-ill patients. The Times, article chronicles, Select Medical Corporation and Kindred Healthcare, publicly traded companies that run long-term hospitals across the country. While long-term care hospitals may be more profitable than traditional facilities, the facilities...
More
Page:
1
