Kindred-RehabCare Merger–What Does This Mean To You?

Today Kindred Healthcare Inc. announced plans to purchase RehabCare Group Inc. in a $1.3 billion deal that will create the largest provider of rehabilitation services in the U.S. The merger is expected to close around June 30. Both Kindred and RehabCare are very strong companies on their own. They both provide post-acute care services in hospitals, rehabilitation facilities and skilled nursing facilities in most states. Beyond expanding in size and scale (the new combined company will … [Read more...]

Top Three Tips for Effective Reimbursement

Almost all of our rehabilitation clients name timely reimbursements as the number one headache on the business side of running their practices. Yet cash flow forecasting is one of the top things a buyer looks for when acquiring a practice. Even if you are not planning to sell your company, our tips for effective reimbursement will help speed up your payments. 1. Develop and implement standard coding procedures for all therapists in your organization. With a little effort, effective coding … [Read more...]