As part of the Bloomberg BNA Health Care Transactions Editorial Committee, Paul A. Gomez and Gary W. Herschman, Members of the Firm in the Health Care and Life Sciences practice, provided insight for Bloomberg BNA Health Law Reporter’s article titled “Health-Care Transactions Update: February.” Mr. Gomez was quoted, while Mr. Herschman gave editorial oversight.
Following is an excerpt (see below to download the full article in PDF format):
Demographics are in part spurring movement in the market for appropriate home health care, hospice care, skilled nursing facilities, long-term care facilities and the like, he said. As the U.S. population grows older, more people are in need of medical treatment.
Growing need is putting greater financial stress on providers, Gomez said. To help manage that stress, providers are trying to move patients out of in-patient settings and into ostensibly lower-cost, less-acute settings like nursing homes and rehabilitation facilities.
Growth in this sector also is driven by important changes in payment methodologies and an increased focus on population health management, as well as an emphasis on what the Institute for Healthcare Improvement calls the ‘‘Triple Aim’’ of health-care: improving patient care, improving population health and lowering the per capita cost of care, Gomez said.