Today's one-liner: "The shortest way to the distinguishing excellence of any writer is through his hostile critics." Richard LeGallienne
Local Government TV
Tuesday, February 24, 2015
Cedarbrook Loses Private Management Firm
County Executive Muller expressed his regrets at LW's decision. "I am disappointed to see the relationship with LW end and particularly for the reasons offered. LW has done an outstanding job of managing our Cedarbrook nursing homes through very challenging times.”
Muller said LW has beaten the budget 8 out of 11 years and delivered better than a net break even financially in 9 out of 11 years; they accomplished both in 2014. He said “Even more important than the financial results has been Cedarbrook's consistent four-star rating by Medicare during their tenure--a rating that was re-confirmed last week under Medicare’s new, tougher ratings for quality of care."
In a demonstration of support for Cedarbrook, LW management has agreed not to hold the current Administrator and CFO to their contractual non-compete limitations, which enables them to retain their roles at Cedarbrook if the County and future management firm is interested in doing so. Muller said “I am pleased that LW has made that important concession; Administrator Terry Hollinger has been critical to significant financial improvements at Cedarbrook this past year.”
County Executive Muller has indicated that the County will initiate an RFP for a new management firm by early April if certain confidential discussions underway don't result in a better option.
4 comments:
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Smart! They know County run nursing homes will never make money again unless the medical assistance reimbursement rate changes upward dramatically.
ReplyDeleteNo, they left because of the threats made by the tea party fanatic commissioners and their threats to screw over the nursing home similar to what was done in Northampton County.
ReplyDeleteWhat are you talking about ? This is about money honey.
ReplyDeleteWrong again Johnny. Fortunately, the folks in Northampton County are paying attention.
ReplyDelete