Compliance • Audits/Analysis • Reimbursement/Regulatory • Education/Efficiency
Interview with Mark Parkinson, President and CEO of American Health Care Association (AHCA)
Tom Mack, Senior Vice President of Client Development at Harmony Healthcare International (HHI), interviews Mark Parkinson, President and CEO of American Health Care Association, in the 2018 AHCA Provider Lounge. Parkinson says there are two key things providers should be focusing on when it comes to reimbursement and regulatory change. First off, he says facilities need to prepare for Patient Driven Payment Model (PDPM) right now. He emphasizes that PDPM doesn't just change rates, it's a completely new payment system. Secondly, Parkinson encourages providers to take risks when it comes to these reimbursement changes. More and more of his member facilities are developing their own insurance plans known as I-SNPs (Institutional Special Needs Plans). Parkinson admits that it can be a complicated process, but the 22 facilities that have implemented such plans have seen positive results that not only benefit operators, but residents as well.
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