Lutheran Living has joined Remedy Partners in the development and management of a bundled payment program for Medicare recipients. Promoted by the Affordable Care Act to help replace the traditional fee-for-service healthcare model, this model is intended to help to meet the goals of improving outcomes in care, increasing patient satisfaction and reduce the overall cost of healthcare—and it is gaining momentum.
In bundled payment programs, a fixed price is paid for a wide range of health care services over a specified period of time, known as an “episode of care.” It is among the primary strategies being used to transition away from fee-for-service payments.
Since implementing its first partnership in October 2013, Remedy has bundled payment programs that are live in more than 1,300 healthcare provider sites, including more than 800 hospitals. Remedy’s technology, analytics, training and administrative platform support the implementation and management of bundled payment programs at hospitals, physician groups, skilled nursing facilities and home health agencies.
The Center for Medicare & Medicaid Services (CMS) has been aggressively promoting bundled payments as a way to improve quality and reduce the cost of the federal Medicare program. CMS created the Bundled Payment for Care Improvement (BPCI) program through the Center for Medicare and Medicaid Innovation, as a voluntary demonstration program. Thousands of health care providers have entered the program to prepare for the expected roll-out of a permanent program. In Iowa Lutheran Living is one of only 4 skilled nursing facilities to enter the program to date.
“Organizing the financing and delivery of healthcare services around the patient’s episode of care leads to greater cooperation and more successful outcomes,” said Remedy Chairman Steve Wiggins. “Bundled payments are proving to be one of the most successful methods to shift from fee-for-service toward value-based payments for healthcare services.”
Dave, Executive Director at Lutheran Living, is retiring October 31, 2019. Dave has been in this profession for 35 years and 11 of those years has been here at Lutheran Living. He has worked in 5 different states: Nebraska, Minnesota, Iowa, North and South Dakota. He also worked in 3 different senior care campuses, one being Lutheran Living Senior Campus. Dave is married to his wife, Laurie and they have 2 children. His plans for retirement is to “enjoy life, golfing, and family time.”
Dave tells us what inspired him to become a Healthcare Administrator, “My mother-in-law was a Director of Nursing and introduced me to senior care.” His favorite things about working in this profession are “residents, families and staff.” He loves seeing the service and care for people throughout the senior care community. His favorite things about Lutheran Living are “the people and the leadership staff.” He states, “There are a lot of good, caring people in this profession and that’s what makes a world of difference for the residents and families.”
An accomplishment he has achieved throughout his career is building a child daycare center on a senior care campus. “Children would visit residents and you could tell it brighten their days.” Other accomplishments throughout his career include: building an 18-unit HUD project for a senior community and large expansions and remodels of two senior care campus. Lutheran Living Senior Campus was the largest project he worked on which launched this campus for the future of senior care in this community.
Dave expresses his gratitude for present and past board members for their dedication to senior care in the Muscatine community.
Dave will always be remembered for his accomplishments. Thank you, Dave, for your years of hard work and dedication to the Lutheran Living team. We hope you enjoy your well-deserved retirement and play a few rounds of golf!
Lutheran Living will host a Farewell Party in Dave’s honor, please join us!
October 30, 2019
1 – 3 PM
Lutheran Living is proud and excited to announce our new Medical Director, Stanley J. Mathew, Physiatrist, Medical Director of St. Lukes & Finley Hospital Physical Medicine Rehabilitation!
Stan is a native New Yorker and joined the St. Luke’s Physical Medicine and Rehabilitation (PMR) medical team in October of 2009.
He completed his Internship in the department of Internal Medicine at Wyckoff Heights Medical Center in Brooklyn, NY in 2006. Stan then specialized in Physical Medicine and Rehabilitation and completed his post graduate education at New York Medical College, where he served as chief resident in his final year.
He holds Boards Certifications from the American Academy of Physical Medicine and Rehabilitation, American Board of Disability Analysts, and the American Board of Pain Medicine.
Stan medical interests include pain management, spine and musculoskeletal medicine, spasticity management, electro diagnostics, pre/post-operative management of orthopedic and neurosurgical conditions.
Stan adds, “Humans are too complex to relegate diagnosis and treatment solely to ‘processes.’ Great physicians always apply an artist’s sensibility. Diagnosis requires an artist’s eye, a writer’s ear for dialogue, and a sense of composition.”
To learn more about Stan Mathew and his team, visit his website: www.stanmathewmd.com