Skilled Nursing News May 25, 2022
Many nursing home operators understand how essential forging hospital partnerships can be to the success of their business, but exactly what that looks like — and how to get started – can be tricky to navigate.
Hospitals and SNFs operate in largely different worlds with different payment models, policies and regulations.
A partnership has to be more than just a place for the hospital to send their patients and a way to fill nursing home beds, according to Stephanie Chedid, president and CEO of Luther Manor.
“Don’t bring your business model to your hospital partner. Talk about your capabilities,” Chedid said during a presentation at the LTC 100 Conference held this week.
Chedid has built a relationship with Wisconsin-based Froedtert...
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