Author: JeffV
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CMS Issues F2011 Proposal
CMS issued its preliminary fiscal 2011 proposal and while there was no big surprise, a proposed 0.5% reduction in hospital reimbursement is less than expected. That said, the stocks hesitated about 15 minutes and then started to move sharply higher. I guess the expectation of the HCA IPO overshadowed a slight CMS reduction. This sector…
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CMS Updates Coming
Some time in the next 2 weeks CMS will come out with their annual update — probably not this week but the following. We’ve gone back through the last MEDPAC report and below is their recommendation to CMS for fiscal 2011: Hospitals – Market basked less upcoding adjustment <=2% per year Home Health – 0%…
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Early April
First, the analysts are making significant negative adjustments to 2011 home healthcare earnings based on the healthcare reform bill — and at the same time boosting 2010 estimates. All three major companies are now expected to have declining earnings in 2011. Over the past 4 weeks, LHC Group has outperformed, Gentiva is about unchanged and…
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Healthcare Reform Signed – Watch Out Below
The deed is done. Obama’s version of healthcare reform is law and the details continue to trickle out. My favorite so far is that consumers will be fined $695 to not get insurance — the IRS will keep tabs, but the IRS hasn’t been given any money to enforce the bill (estimated at >$10b annually)…
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A Major Week in the History of the U.S.
This coming week may be a major milestone in the history of the United States. The Administration will pull out ALL stops and will do ANYTHING to get their version of the healthcare bill passed. First let’s review the procedures for passage. A couple of months ago the House and Senate passed different versions of…