MHA Monday Report Aug. 14, 2023

MHA Monday Report

CMS Releases FY 2024 Skilled Nursing Facility Final Rule

The Centers for Medicare & Medicaid Services (CMS) recently released a final rule to update the Medicare fee-for-service prospective payment system for skilled nursing facilities for fiscal year (FY) 2024, which begins Oct. 1, 2023. The rule includes: Continuation …


FY 2024 LTCH Prospective Payment System Final Rule Released

The Centers for Medicare & Medicaid Services recently released a final rule to update the Medicare fee-for-service long term care hospital (LTCH) prospective payment system for fiscal year (FY) 2024. Specifics of the rule include the …


The Keckley Report

Paul KeckleyThe Three Major Challenges for Private Equity Investors in Healthcare Services

“The healthcare services market in the U.S. is worth $3.5 trillion and is forecast to increase at 5%/yr. for the next decade. It’s traditionally dominated by nonprofit operators and market conditions that favor incumbents over newbies, bigger over smaller and business to business (B2B) models over business to consumer (B2C). That’s changing. Investor-ownership in healthcare services is increasing. Distinctions between privately operated PE owned hospitals and services providers and investor-owned publicly traded operators are being scrutinized by regulators even as the tax-exempt status enjoyed by not-for-profits is under the microscope.

Access to capital that’s cost-effective is critical to the future of health services providers. PE will be increasingly part of that discussion and with it, added risk.”

Paul Keckley, August 7, 2023


News to Know

The MHA encourages MHA chief nursing officers and other Michigan hospital leaders to register for Hospitals for Patient Access Advocacy Day from 8 a.m. to 4 p.m. Sept. 13 at the MHA Capitol Advocacy Center in downtown Lansing to discuss the substantial harm that proposed legislation mandating registered nurse staffing ratios would have on patient access to care, and real solutions to train and hire more nurses.


Brian PetersMHA in the News

The MHA received media coverage the week of August 7 on hospital cybersecurity, the first Michigan hospital receiving a rural emergency hospital designation and COVID-19 cases and hospitalizations. MHA CEO Brian Peters spoke with WJR Newsradio 760 host Chris Renwick …