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From provider to 'payvider:' Navigating increasing I-SNP options

From provider to 'payvider:' Navigating increasing I-SNP options
mcknights.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mcknights.com Daily Mail and Mail on Sunday newspapers.

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Nursing homes pick up key ally in staffing mandate lobbying

More than 500 long-term care providers are in the nation’s capital today to try to head off a minimum staffing rule and win support for legislation that could make recruiting and training workers easier. ....

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On federal staffing minimum, providers need protections: AHCA's Phil Fogg

Providers could support a minimum staffing rule that is funded and exempts them from penalties if they make “best faith efforts” to hire, according to a top advocate. ....

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'Creative' funding, education will pave route to success

Even some of the most progressive long-term care executives have had to put deep, strategic initiatives aside while coping with historically challenging pandemic conditions. ....

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PointClickCare reportedly valued at $4 billion USD following new minority investment

Toronto-based PointClickCare has raised a strategic minority investment from Hellman & Friedman and existing investor Dragoneer Investment Group.
The news comes nearly one month after PointClickCare completed its largest acquisition to date.
Sources speaking with The Globe and Mail indicated that JMI Equity, some unnamed individual investors, and PointClickCare employees sold between $600 million USD and $800 million USD of stock as part of the transaction. The Globe noted the deal valued the startup at a reported $4 billion USD.
According to an announcement of the investment from PointClickCare, Hellman & Friedman will work with the startup’s leadership team to grow the company and expand its product offerings. Following the deal, Sameer Narang, partner at Hellman & Friedman, will join PointClickCare’s board of directors. The startup’s founders, Mike and David Wessinger, will continue to control and operate the company. ....

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