Medicare Trustees Report Released [05-31-13]

Filed under: Industry Updates — Editor @ 2:56 pm

Treasury-sealOn May 31, the U.S. Treasury Department released the annual Medicare and Social Security Trustees report. The report projected that Medicare’s hospital trust fund will be solvent until 2026, which is two years longer than the 2012 projection.  The improvement reflects the lower-than-expected growth of Medicare spending in 2012 and an expectation that the federal health care law will reduce growth in Medicare advantage spending more than originally anticipated. (more…)

Marden Implements New EMR and Practice Managment Sysytem for Outpatient Therapy [05-30-13]

Filed under: Around Marden — Editor @ 1:22 pm

raintree_logoMarden has selected Raintree’s Therapy Rehab Plus as its EMR and practice management software for outpatient therapy services. Implementation is to begin immediately, and the Company expects to have the new system fully operational in 90 days.

Marden Expands In Southern West Virginia [05-24-13]

Filed under: Press Releases — Editor @ 1:17 pm

logoMarietta Ohio: Marden Rehabilitation of West Virginia (MRAWV), a leader in outpatient physical therapy services, is pleased to announce that they will establish a full-service physical therapy clinic in Welch, West Virginia as part of their West Virginia based Rehabilitation Agency. The 3,500 sq. ft. is part of a newly renovated medical office complex on US 52 (Coal Heritage Highway). (more…)

Marden Rehabilitation Services Acquires New PA Facility [05-10-13]

Filed under: Press Releases — Editor @ 1:45 pm

33651_146733702035834_8381726_nMARIETTA, OH: The Marden Companies of Marietta Ohio are pleased to announce that effective June 3, 2013, Marden Rehabilitation Services, Inc., one of their wholly-owned subsidiaries, will provide Comprehensive Therapy Services to Guy and Mary Felt Manor in Emporium, Pennsylvania. (more…)

CMS Releases FY 2014 Payment and Policy Changes for SNFs [05-10-13]

Filed under: Industry Updates — Editor @ 10:31 am

cmsannouncementClick here for the pre-publication copy of the CMS proposed rule entitled “Proposed Fiscal Year 2014 Payment and Policy Changes for Medicare Skilled Nursing Facilities”. The proposed regulation contains provisions which will increase aggregate payments to SNFs in FY 2014 by $500 million or 1.4 percent above payments made in FY 2013. Note particularly the provisions concerning the reporting of distinct therapy days. Among other things affecting reporting of therapy days, the rule proposes to add an item to the Minimum Data Set to record the number of distinct calendar days of therapy provided by all rehabilitation disciplines to a beneficiary over the seven-day look-back period. Comments on the proposed rule will be accepted by CMS through the close of business on July 1st.

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