Reserving nursing home beds: evaluating the feasibility for the hospital and long-term care facility. Do they make economic sense?
The per diagnosis basis of payment provides an incentive for hospitals to place Medicare patients in a nonacute care setting as soon as medically appropriate. As a result, there has been growing interest among hospitals in developing "arrangements" with nearby nursing homes to reserve beds for hospital patients who no longer require acute care. Before entering into a bed reserve agreement, a hospital and nursing home must carefully examine the economic considerations--cost, revenue, and price. Such an analysis will determine if a bed reserve agreement benefits both the parties concerned.
D005376:Financial Management; D005377:Financial Management, Hospital; D007380:Intermediate Care Facilities / Q000191:economics*; D008484:Medicaid; D006278:Medicare; D009735:Nursing Homes / Q000191:economics*; D011445:Prospective Payment System / Q000331:legislation & jurisprudence; D012866:Skilled Nursing Facilities / Q000191:economics*; D014164:Transfer Agreement / Q000191:economics*; D014481:United States