There was an evident decline in cognitive functioning. D urso, John J. Confronting Managed Care. Managed care and Medicaid are no longer mutually exclusive terms. Long term care providers also must deal with the reality of nursing facility residents who are under Medicare risk contracts. In order to respond to these changes, long term care providers need to educate themselves about the process.
Providers can form alliances or networks in order to cut costs with economies of scale.
This also strengthens the bargaining position of providers. Make sure, as a provider, that you understand your costs of providing care on a per patient basis. Find and retain an attorney who understands the complexities of negotiating managed care contracts. G alsworthy, Theresa D., and Patricia L. Wilson. It Steals More than Bone.