US healthcare developments
Significant changes in healthcare provision are underway in the US. Mary Chmielowiec and Paola DiNatale outline the extent of these developments and how captives can best prepare for the changing environment.
Long-term care facilities have embarked on a journey of change,
lots of change. From healthcare reform to RUG-IV and MDS 3.0, facilities across the US face the most significant and sweeping change in decades. Obscured by the immediate demands of implementing these new systems and programmes, there are at the same time unprecedented opportunities to advance risk management initiatives, improve resident care and drive up the satisfaction level for every stakeholder. On the other hand, these changes also have the potential to expose long-term care facilities to greater litigation risk. As such, from a captive’s perspective, it’s important to understand the changes taking place and how to best leverage these changes for the overall advancement of facility performance and the preservation of capital.
CAYMAN CAPTIVE 33
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