Monthly tips, tools, information & special offers
October 2022 | Issue 21
Solutions Spotlight
COVID Pay and Its Impact on Workers Compensation

The New York Compensation Insurance Rating Board has made a ruling concerning the 5 day mandatory sick days for anyone testing positive for COVID. The state has ruled that any employee testing positive for COVID must stay out of work for 5 days, and that the employer must pay sick pay to those employees. The state has also ruled that those 5 sick days should be excluded from remuneration upon your annual premium audit.

In addition, the Federal Government had issued grants to a number of senior care facilities, to be disbursed to the direct care staff as bonuses for working through the worst part of the pandemic. In many cases that grant money can be excluded as well from your workers compensation premium audit exposure.
The State of Clinical Reimbursement

As a SNF provider, you are constantly forced to take on new and evolving reimbursement challenges. Today that means facing obstacles which include PDPM rate adjustments, Managed Care growth, turnover and resource strains that directly impact reimbursement. With the industry changing so rapidly, understanding the trends within clinical reimbursement is more critical now than ever.

Download this report to get the perspective of nearly 500 industry professionals, who shared their top clinical reimbursement concerns, trends and offered insights into the strategies they plan to pursue moving forward.
Recognizing Physical Therapists &
Their Role in Improving the Lives of
Those with Long COVID Conditions

October is filled with the landscape of beautiful foliage, settling back into
school routines, and the trick-or-treating of Halloween…it is also National Physical Therapy (PT) Month. This is the perfect time to spotlight and celebrate the value of Physical Therapists (PTs) and their multitude of contributions to the PT profession that are paramount to healthcare and the rehabilitative process of helping people reach their goals.
Special Savings from Value First!

Germ free is the way to be - save on COVID related costs!
NYS DFS Draft Amendments

On July 29, 2022, the New York Department of Financial Services (DFS) released draft amendments to its Part 500 Cybersecurity Rules. The cybersecurity landscape has evolved in the past five years, and the draft amendments demonstrate that DFS continues to take a forward-leaning role in strengthening cybersecurity practices.

These draft amendments are now in a 60-day comment period. Pending further revisions, most of the amendments would take effect 180 days after adoption (Q1/Q2 2023).
Here is a summary of the key provisions of the draft amendments:
  • More stringent notification obligations
  • Heightened requirements for larger “Class A” companies
  • Increased obligations for company governing bodies
  • Expanded requirements for operational resilience and incident response
  • Enhanced technology and policy requirements
  • Increased requirements for risk assessments, impact assessments
  • Clarified enforcement considerations
Strengthen Your Community with Integrated Facilities Management 

Senior living providers are tasked with meeting budget targets and generating greater value from their resources, even as labor and supply challenges increase. Sodexo Seniors’ integrated facilities management program can help senior communities achieve these goals, while consolidating services and costs to create a well-established partnership.
 
The International Facility Management Association predicts there will be 50,000 to 100,000 facility management positions open over the next five to 10 years, which makes having an experienced partner even more critical. A partner like Sodexo Seniors can help you deliver elevated resident, employee, and guest satisfaction—plus greater cost efficiencies that set you apart from your competition and open new doors of possibility.
The Takeaway From CFPB & CMS September 8, 2022 Notification Letter

It seems like every Skilled Nursing Facility (SNF) reacted differently to The Consumer Financial Protection Bureau (“CFPB”) and the Centers for Medicare & Medicaid Services’ (“CMS”) joint “Notification Letter”. Some SNFs simply shrugged it off, thinking that it was pure puffery on the Feds part while others, and I believe rightfully so, read the “Notification Letter” not once but twice (or even thrice) and walked away with the conclusion that the Federal government is seeking to change the Federal and State Courts’ interpretation of the Nursing Home Reform Act (“NHRA”). 
Don’t Take the Bait – 6 Timely Tips to Help Avoid Phishing eMails

Phishing emails are a common way for cybercriminals to steal important data from healthcare facilities. This article will discuss what phishing is, how to identify a phishing email, and how to protect your facility’s data from being stolen. We will also provide tips for avoiding phishing scams, the consequences of falling for a phishing scam, and how to report a phishing email.