Skilled Nursing News July 18, 2019
As Medicare Advantage continues to gobble up an increasing share of skilled nursing reimbursements, more providers are exploring the idea of launching their own plans — and while the numbers are small, the opportunity can be great.
Specifically, SNF providers can launch Institutional Special Needs Plans, or I-SNPs, a specific type of Medicare Advantage plan specifically geared at caring for nursing home residents.
Granted, out of 22 million Medicare Advantage enrollees, there are just 3 million enrolled in Special-Needs Plans in general, Jennifer Boese, the director of health care policy at the accounting and advisory firm CliftonLarsonAllen said on a webinar held Tuesday. In addition to I-SNPs, that category includes other novel models for covering Medicare beneficiaries, such as D-SNPs...