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keywestlou · 3 years ago

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HUMOROUS, RIDICULOUS AND SAD.....WILL NEVER HAPPEN

My sympathies are with the residents of Santa Clara Condominiums. What has befallen them is humorous, ridiculous and sad.

Santa Clara is a 111 unit condominium building. The City of Key West recently found it deficient and worn out in many respects. In need of significant repairs. The City has warned if steps not soon taken to correct the problems, it will condemn the building.

The condominium owners each face an increase in their monthly assessments to make a pool from which to pay for the repairs. The increase will begin November 1. The amount anywhere from $7,000 to $11,000 per month.

If condo owners are without funds, they will have to borrow the increases.

I doubt any of those living at Santa Clara can afford that kind of money. Reasons not warranted. The money and conditions in Key West cannot stand a hit of this magnitude.

Santa Clara condo owners are not sufficiently independently wealthy to handle such sums. Were they, they would not be residing in Santa Clara. They would be living in Truman Annex, the Casa Marina area, and perhaps even Sunset Key.

I hurt for them.

Rents in Key West keep rising. As if there were no limits. Which is the problem. There are not. Landlords are not bound by limits or caps.

Rents skyrocketing. In a market where too few apartments have been built and affordable housing is scarce. Houses rather than apartments are being constructed. Such is the market today in what many describe as the Keys “housing boom.”

South Florida overall is becoming the nation’s worst place to rent.

I do not have the Key West numbers. However I share with you what I was able to find. Since the first of the year, Palm Beach rentals have risen 21 percent, Fort Lauderdale 16.1 percent, and Miami 11.6 percent.

Wages obviously have not kept track with the increases.

It is well established that “landlords will do whatever they want because they know that people need a place to live.”

The situation is “getting worse.”

Florida laws protect landlords, not tenants. Landlords have broad discretion to raise rents as they see fit.

Florida laws prevent local governments from establishing rental price controls. With one exception: Unless there is “a housing emergency so grave as to constitutes a severe menace to the general public.” The “crisis” must first be determined to be factual. Then an election is required to get an ordinate passed for any rent control to come into play. A step worse. The election is a yearly one. A new vote each year to keep the program going.

Florida is fraught with all kinds of problems. Healthcare another, for example. South Florida is #1 in healthcare fraud nationally. Rip offs costing Medicare and insurance companies billions of dollars a year.

The new healthcare field of telemedicine leads. Closely followed by substance abuse and COVID-19 programs.

The numbers tell the story. South Florida accounts for 20 percent of healthcare fraud nationally. Such having assisted in making Florida referred to in the medical field as the “healthcare fraud capital of the world.”

Recent 9/11 observances brought to mind a conversation a month later. I was having dinner at the Yacht Club. Terri and Donna were my guests.

Part of our conversation involved 9/11.

Terri never ceases to amaze me. She told us she lived near the 9/11 area at the time. Her neighborhood was affected for months. Grocery and drug stores were non-existent in the neighborhood after the tragedy. Many elderly resided in the area.

Terri organized with the police a system for getting food and drugs to those in need. She spent 2 1/2 months doing it. She received a plaque and commendation afterwards for her efforts.

An unusual experience yesterday. I lunched at the Eaton Street Fish Market.

I was required to be out for a doctor’s visit. Figured I would grab a bite while out. The Eaton Street Fish Market has been around for about 10 years. An excellent reputation. Especially for lobster rolls. Maine lobster rolls.

I figured why not? It’s about time I tried the place. I love Maine lobster rolls.

The Market is in a former gas station. Well done inside and out. Seating outside in shady areas.

I bought the large lobster roll. $30. Worth every penny!

Try the place. I plan on going back. It was that good.

Enjoy your day!

HUMOROUS, RIDICULOUS AND SAD…..WILL NEVER HAPPEN was originally published on Key West Lou

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covid19updater · 3 years ago

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COVID19 Updates: 08/18/2021

World: Actress Sally Kirkland After Moderna Vaccine: In My 79 Years, I’ve Never Experienced This Level of Pain LINK

California: The Lambda COVID variant is in California: 5 things you should know LINK

Alabama: Alabama has “negative” ICU beds free as U.S. hospitals struggle with surge of cases

US: More than 1,000 COVID-19 deaths recorded as US returns to April levels LINK

India: COVID-19 Vaccine for Children Will Be Available In India By September, Says Director of ICMR-NIV LINK

UK: Scotland: Side point: Schools went back in Scotland on Monday, 16 Aug Nightclubs opened 9th Aug. Cases reported: 2021-08-18,2531 2021-08-17,1815 2021-08-16,1567 2021-08-15,1498 2021-08-14,1383 2021-08-13,1542 2021-08-12,1525 2021-08-11,1498 2021-08-10,1032 2021-08-09,851 Highly vaccinated, approx 75% double-pricked.

China: The Chinese mainland Tuesday reported six new locally transmitted #COVID19 cases in Jiangsu Province, the National Health Commission said on Wednesday.

World: WHO & @Unitaid express concern over @Roche's warning of a global shortage of tocilizumab, a WHO-recommended IL6 inhibitor for use as a treatment for severe #COVID19.

Tennessee: In West Tennessee, a class of second graders at Riverwood Elementary in Cordova were sent home yesterday with a letter about the death of their teacher, 31-year-old Ashley Leatherwood. Family and friends say she contracted #COVID19 in the classroom. #GetVaccinatedNow #WearAMask

Texas: Despite urgent cries from families, Plano ISD is not taking any new action to prevent COVID-19 in schools. LINK

Montana: The Blackfeet Nation has implemented a mask mandate and the tribe’s offices are closed to the public. This comes as Montana experiences increased spread of COVID-19. Please mask up on Blackfeet land.

US: U.S. COVID update: Nearly 177K new cases, including Florida backlog, and 1,316 new deaths - New cases: 176,787 - Average: 138,396 (+2,813) - In hospital: 88,481 (+3,742) - In ICU: 21,914 (+1,047) - New deaths: 1,316

Texas: #COVID19 outbreaks in rural #Texas districts signal a troubled back-to-school season LINK

US: WASHINGTON (AP) — US health officials recommend COVID-19 booster shots for all Americans to boost their defenses amid delta variant.

UK: United Kingdom Daily Coronavirus (COVID-19) Report · Wednesday 18th August. 33,904 new cases (people positive) reported, giving a total of 6,355,887. 111 new deaths reported, giving a total of 131,260.

World: How SARS-CoV-2 Evades And Suppresses The Immune System (Part 4) LINK

Alaska: Anchorage ICUs at capacity as a surge of COVID-19 patients has hospitals under stress and scrambling LINK

Israel: In less than a month #Israel may no longer be able to hide the very obvious about the #covidvaccine despite booster doses, #lockdowns and suppression of V data. Leaked yesterday - 95% of deaths in the #vaccinated and a huge jump from June.

Israel: Israel: in high cases areas, only classrooms in which over 70 % of students are either vaccinated, recovered or pass a positive serological test for antibodies will be allowed to meet in person. Classrooms that fall below that level will be required to switch to home learning. LINK

Texas: The new Texas COVID-19 surge could be worse than anything the state has seen yet Last week in San Antonio, 26 minutes went by with no ambulances available to respond to 911 calls from the city’s 1.5 million residents. LINK

US: Booster doses of Covid-19 vaccine will be offered to Americans beginning September 20, pending CDC and FDA approval, US health officials say LINK

US: There's concerning evidence of waning vaccine effectiveness over time and against delta; the risk of severe infection increasing among those vaccinated early and those with at-risk conditions.

US: CDC DIRECTOR *WALENSKY: VACCINE EFFECTIVENESS FALLING IN NURSING HOMES. WALENSKY SAYS OVERALL VACCINE EFFECTIVENESS IS DECREASED FOR THE DELTA VARIANT

World: Various people have been raising the variant AY.3 as a potential problem. So here is a quick thread on what we are seeing here (and internationally). TLDR: Definitely the first clear sign of potentially worrying variant here in a while. First what is AY.3? It's a subtype of Delta and is most prevalent in the US where it is about 9% of their cases. Very early results from India suggest that it is more immune evasive than "original" Delta. In the US, AY.3 has also increased rapidly, but alongside Delta so it's hard to say if it's outcompeting Delta or just outcompeting previous variants.

NYC: *DE BLASIO SAYS 'DOESN'T ANTICIPATE' NYC SCHOOL VACCINE MANDATE

Michigan: Grand Rapids and Traverse City regions are at "substantial" increases in new cases of #COVID19. The rest of the state's regions are classified as "high" numbers of new cases.

World: Why is Delta so much more contagious than prior #SARSCoV2 variants? It achieves membrane fusion far more efficiently and faster LINK

Mississippi: Mississippi eighth grader dies of COVID-19 amid escalating mask battle LINK

France: France reports 2,054 people in intensive care units for covid-19, up by 111 ICU tally above the 2,000 limit for the first time since June 14

South Carolina: As Delta Spreads Through South Carolina, A Troubling Rise In Breakthrough Cases LINK

New York: Today's update on the numbers: Total COVID hospitalizations are at 1,888. Of the 156,128 tests reported yesterday, 4,737 were positive (3.03% of total). Sadly, there were 20 fatalities.

Colorado: COVID-19 vaccine mandate issued for Colorado prison workers, other state employees LINK

Israel: Israel is now requiring anyone over the age of three to show proof of vaccination or a negative Covid-19 test before entering many indoor spaces, as it tackles a sharp rise in infections. LINK

Nevada: The Las Vegas Raiders are the first NFL team to require all fans attending home games to be vaccinated against COVID.

France: People refusing to get Covid-19 vaccines in France are paying hundreds for fake health passes in an online black market that has flourished since the government imposed mandates for them to enter cafes, intercity trains and other public places;

Singapore: Singapore court sentenced Brit Ben Glynn to 6 weeks in prison, for repeated breaching covid protocols. Found guilty on 4 charges for: failing to wear a mask on train in May & his July court appearance; causing a public nuisance; & use of threatening words to public servants;

Texas: Five regions of Texas have zero open ICU beds LINK

Alabama: Alabama is out of ICU beds amid a COVID-19 surge, with some patients being treated on gurneys in hallways, hospitals chief says LINK

Afghanistan: JUST IN - Former Afghanistan President Ashraf Ghani reportedly hospitalized in Abu Dhabi, UAE.

NYC: Restaurants in NYC sue the Mayor over his vaccine mandate.

US: The Biden administration will move to require that nursing home staff are vaccinated against COVID-19 as a condition for those facilities to continue receiving federal Medicare and Medicaid funding. LINK

Israel: Israeli congressman in hospital with covid, Fully vaccinated 47-year old, not yet boosted, describes his experience LINK

Florida: BREAKING: 3,055 students in Florida's Palm Beach County Schools have been forced to quarantine due to #COVID19 since classes began 7 days ago. There are now 608 confirmed student COVID-19 cases out of 167,000 students enrolled.

World: Significant reduction in humoral immunity among healthcare workers and nursing home residents 6 months after COVID-19 BNT162b2 mRNA vaccination LINK

Israel: Pfizer COVID vaccine 83% effective after third shot - Maccabi LINK

US: UPDATE: J&J BOOSTER PENDING—People who received Johnson & Johnson vaccines may need boosters, too, says @Surgeon_General Vivek Murthy. The CDC will have more information about additional J&J shots in **coming weeks**

US: The Biden admin will cover of 100% of states' emergency COVID costs. LINK

Alabama: WaPo: An Alabama doctor watched patients reject the coronavirus vaccine. Now he’s refusing to treat them. “'Dr. Valentine will no longer see patients that are not vaccinated against covid-19,' the sign reads." LINK

US: The COVID-19 Forecast Hub at UMass Amherst, which is utilized by the U.S. Centers for Disease Control and Prevention, predicts new COVID-19 hospitalizations could reach 32,000 a day as soon as Sept. 13. LINK

South Africa: ⁦@USAfricaLive⁩ BrkNEWS: South Africa hit by 14,728 new COVID-19 cases — within 24 hours ⁦@MLKmandelachebe⁩ ⁦@WHO LINK

Alabama: JUST IN: Alabama now at NEGATIVE 29 ICU beds, according to the Alabama Hospital Association.

US: BREAKING: Number of Americans hospitalized with COVID-19 tops 90,000

Kentucky: More Kentuckians currently in ICU battling COVID than ever before during pandemic LINK

Washington: BREAKING: K-12 school teachers and staff must be vaccinated in WA by Oct. 18 or face losing their jobs. The applies to public, private, and charter schools. @GovInslee is live on #KOMONews right now

Canada: 553 new cases of #COVID19 in B.C., as the rolling average increases slightly, but may be beginning to plateau. Active cases up to 5,580 (highest since May 13), hospitalizations down to 107 but ICU cases to 53, one new death.

World: Researchers find that COVID-19 patients who only suffered mild infections can be plagued with life-altering and sometimes debilitating cognitive issues LINK

Australia: Sydney Children's Hospital Network is currently looking after SEVEN HUNDRED kids with #COVID19 Still fortunately vast majority as outpatients, but expecting more to become unwell as time goes on

Hong Kong: Hong Kong’s granting of quarantine exemption to Nicole Kidman following her arrival from Australia last week has sparked outrage among residents who face some of the world’s toughest pandemic restrictions. LINK

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subblasunmo1977 · 4 years ago

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insurancelifedream · 4 years ago

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7 Mind-Blowing Reasons Why Medicare Approved Home Health Care Agencies Is Using This Technique For Exposure | medicare approved home health care agencies

If you are interested in finding Medicare approved home health care agencies, you should consider all of your options. Although there are many home health care agencies that are not qualified to provide this service, there are also a number of agencies that are qualified. Knowing what services to ask for will ensure that you receive the best service possible.

When you call an agency that is not Medicare approved, they will often charge a fee for their services. It is important to know that there are other options when you are looking for this service.

One way to find Medicare approved home care agencies is through word-of-mouth. Ask friends and family members about home care agencies that they have had good experiences with. You may be surprised at how many people do not know the names of the agencies that they used in the past. This is a great way to get information on companies that are providing excellent service and are not charging an arm and a leg for the service.

Another way to find this information is by searching online. There are several websites that provide lists of these agencies. The information that is provided on these sites can help you narrow down your search to those agencies that are willing to work with you. They should have the number of staff that is available to meet with you, as well as the amount of time that they will spend with you. You may also find that they will be able to schedule an appointment with the agency's facility so that you can review the service that they provide.

You may also want to consider contacting these service providers directly. If you have Medicare, you may have access to this service through an agency that offers this service through Medicare. You can ask for a list of agencies that work with Medicare, or you can contact them directly to find out about their practices. They may also be able to give you an estimate of the cost of the service so that you can determine whether or not it is right for you.

These are a few of the ways that you can find Medicare approved home health care agencies. With a little research, you will be able to find a company that offers quality care and will not cost an arm and a leg.

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elderperfect · 5 years ago

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2020 Best Nursing Homes - Florida

ElderPerfect a leading publisher on senior healthcare across the United States, today announced the recipients of the Best Nursing Homes in Florida for 2020. These awards are designed to recognize providers based on their ability to consistently deliver excellence in the areas of Health Inspections, Quality of Residence Care, Penalties and Staffing. We’ve evaluated over 698 facilities, of which 190 (27%) met our top rating. This report marks the Gold Standard in terms of care for seniors. 0 Ranked Best Facilities  5/5

US Standard vs. Best Facilities

Average Number of Beds: 106 vs 95 Average Occupancy: 81% vs 83% Average Health Inspection Rating: 2.82 / 5.00 vs. 3.90 / 5.00 Average Government Rating: 3.01 / 5.00 vs. 4.49 / 5.00

Rating Methodology

Health Inspections Every year, the government assigns inspectors to conduct a formal review of nursing homes for regulatory purposes to meet the mandates outlined for Medicare and Medicaid, this aims to measure and improve the safety of residents across providers. Facilities may also be inspected when complaints are submitted or based on a reported incident. When noncompliance is identified, the facility is served a citation that indicates which regulation that was identified, along with the severity of the incident. Nursing homes are subsequently required to execute a program of resolution in order to meet compliance. Some scenarios require enforcement actions to be applied, such as a civil monetary penalty or withholding of payment(s), to incentivize resolution in a timely manner. Penalties Facilities are applied 2 types of penalties due to non-compliance / accumulation of incidents. Civil penalties are monetary fines that may be applied to a facility based on citations / infractions identified during a review. The severity of a penalty is defined primarily by the size and frequency of the infraction. Quality of Residence Care There are 3 types of resident care ratings, but for this exercise, we primarily focused on the overall quality measure rating. The quality measures (QMs) include 17 data points that are derived from clinical information reported by the respective nursing home and also from Medicare claims data submitted for payment. Ratings are calculated for the QM domain using the 4 most recent quarters for which data are available. A nursing home receives points contingent on performance on each measure (weighting distribution is not equal). Staffing Staffing research is submitted regularly by the facility and is adjusted for the requirement of the facilities residents. For each of registered nurse staff and total staffing, a 1 - 5 rating is applied according to definitions established for each category. These ratings are subsequently combined to assign an overall staffing rating. As an example, to get an overall staffing rating of 5 stars, nursing homes must earn a rating of 5 stars for both registered nurses and total staffing. Nursing homes could also be assigned a 1 star rating should they not have a registered nurse on-site daily, and do not submit staffing data, or which the data cannot be verified.

Best Nursing Homes in Florida

CORAL GABLES NURSING AND REHABILITATION CENTER RIVER GARDEN HEBREW HOME FOR THE AGED COMMUNITY CONVALESCENT CENTER MANOR PINES CONVALESCENT CENTER PANAMA CITY HEALTH AND REHABILITATION CENTER CRESTVIEW REHABILITATION CENTER, LLC THE LODGE HEALTH AND REHABILITATION CENTER W FRANK WELLS NURSING HOME BOCA RATON REHABILITATION CENTER JOHN KNOX VILLAGE OF POMPANO BEACH STUART REHABILITATION AND HEALTHCARE CROSS POINTE CARE CENTER BROOKSVILLE HEALTHCARE CENTER WHISPERING OAKS PARKVIEW REHABILITATION CENTER AT WINTER PARK BAYVIEW CENTER CANTERBURY TOWERS INC REHAB & HEALTHCARE CENTER OF CAPE CORAL WILLOWBROOKE COURT AT ST ANDREWS ST MARK VILLAGE OAKS OF KISSIMMEE HEALTH AND REHABILITATION CENTER ROYAL OAK NURSING CENTER CHATEAU AT MOORINGS PARK, THE EVERGREEN WOODS AYERS HEALTH AND REHABILITATION CENTER PORT ST LUCIE REHABILITATION AND HEALTHCARE WOODBRIDGE CARE CENTER RIVERSIDE CARE CENTER CROSS SHORES CARE CENTER MANORCARE HEALTH SERVICES DUNEDIN HAINES CITY HEALTH CARE WILLOWBROOKE COURT AT AZALEA TRACE COURTENAY SPRINGS VILLAGE SIGNATURE HEALTHCARE OF PALM BEACH QUALITY HEALTH OF FERNANDINA BEACH VILLAGE ON THE ISLE LAKE VIEW CARE CENTER AT DELRAY HEALTH CENTRAL PARK MANORCARE HEALTH SERVICES OKEECHOBEE HEALTH CARE FACILITY SUSANNA WESLEY HEALTH CENTER SOUTH DADE NURSING AND REHABILITATION CENTER PARK SUMMIT AT CORAL SPRINGS MARGATE HEALTH AND REHABILITATION CENTER SALERNO BAY HEALTH AND REHABILITATION CENTER HIALEAH SHORES NURSING AND REHAB CENTER SOLARIS HEALTHCARE PLANT CITY QUALITY HEALTH OF ORANGE COUNTY LEHIGH ACRES HEALTH AND REHABILITATION CENTER QUALITY HEALTH OF NORTH PORT VISTA MANOR ARCADIA HEALTH & REHABILITATION CENTER HARBOUR HEALTH CENTER SOLARIS HEALTHCARE BAYONET POINT FLAGLER HEALTH AND REHABILITATION CENTER MOULTRIE CREEK NURSING AND REHAB CENTER CARROLLWOOD CARE CENTER VILLAGE ON THE GREEN OAK VIEW REHABILITATION CENTER PALM GARDEN OF TAMPA HARBOURS EDGE HEARTLAND OF ZEPHYRHILLS GRAND BOULEVARD HEALTH AND REHABILITATION CENTER SUWANNEE HEALTH AND REHABILITATION CENTER REGENTS PARK OF WINTER PARK WEST GABLES HEALTH CARE CENTER CHAUTAUQUA REHABILITATION AND NURSING CENTER COURT AT PALM AIRE, THE SURREY PLACE HEALTHCARE AND REHABILITATION VICAR'S LANDING NURSING HOME BARTRAM CROSSING BAYSHORE POINTE NURSING AND REHAB CENTER WESTCHESTER GARDENS HEALTH & REHABILITATION MANOR AT CARPENTERS, THE SIGNATURE HEALTHCARE OF NORTH FLORIDA OAKBROOK HEALTH AND REHABILITATION CENTER NORTHDALE REHABILITATION CENTER SOLARIS HEALTHCARE MERRITT ISLAND ARBOR TRAIL REHAB AND SKILLED NURSING CENTER JACKSONVILLE NURSING AND REHAB CENTER ALHAMBRA HEALTH AND REHABILITATION CENTER ALPINE HEALTH AND REHABILITATION CENTER HAMPTON COURT NURSING AND REHABILITATION CENTER PALACE AT KENDALL NURSING AND REHABILITATION CENTE CROSS CARE CENTER WASHINGTON REHABILITATION AND NURSING CENTER CHIPOLA HEALTH AND REHABILITATION CENTER SOLARIS HEALTHCARE IMPERIAL SYLVAN HEALTH CENTER ROSEWOOD HEALTHCARE AND REHABILITATION CENTER SPECIALTY HEALTH AND REHABILITATION CENTER CONWAY LAKES HEALTH & REHABILITATION CENTER STRATFORD COURT OF PALM HARBOR CROSS GARDENS CARE CENTER TRI-COUNTY NURSING HOME

GLENCOVE HEALTH AND REHABILITATION CENTER CROSSROADS, THE HEALTHPARK CARE CENTER MANOR AT BLUE WATER BAY, THE THE GARDENS AT DEPUGH SOLARIS SENIOR LIVING NORTH NAPLES DELANEY PARK HEALTH AND REHABILITATION CENTER ROYAL OAKS NURSING AND REHAB CENTER CORAL BAY HEALTHCARE AND REHABILITATION EDGEWATER AT WATERMAN VILLAGE JOSEPH L MORSE HEALTH CENTER INC THE MADISON HEALTH AND REHABILITATION CENTER SAMANTHA WILSON CARE CENTER PLYMOUTH HARBOR INCORPORATED TAYLOR CARE CENTER ROHR HOME, THE EDGEWOOD NURSING CENTER CATHEDRAL GERONTOLOGY CENTER, INC CROSSINGS, THE EDWARD J HEALEY REHABILITATION AND NURSING CENTER EMORY L BENNETT MEMORIAL VETERANS NURSING HOME WRIGHTS HEALTHCARE AND REHABILITATION CENTER BARRINGTON TERRACE OF BOYNTON BEACH HEARTLAND HEALTH CARE AND REHABILITATION CENTER OF WESTMINSTER OAKS RULEME CENTER PREMIER PLACE AT THE GLENVIEW SOLARIS HEALTHCARE CHARLOTTE HARBOR METRO WEST NURSING AND REHAB CENTER NURSING CENTER AT MERCY, THE PINELLAS POINT NURSING AND REHAB CENTER WESTMINSTER WINTER PARK WINKLER COURT LAKE PARK OF MADISON NURSING AND REHABILITATION CE WESTMINSTER WOODS ON JULINGTON CREEK SOLARIS HEALTHCARE DAYTONA WESTMINSTER SUNCOAST VILLA HEALTH & REHABILITATION CENTER PALMETTO SUBACUTE CARE CENTER SOLARIS HEALTHCARE WINDERMERE SHANDS JACKSONVILLE MEDICAL CENTER SHELL POINT NURSING PAVILION VI AT LAKESIDE VILLAGE MARTIN NURSING AND REHABILITATION COMMUNITY HEALTH AND REHABILITATION CENTER GULF SHORE CARE CENTER SOLARIS HEALTHCARE COCONUT CREEK LAKESIDE NURSING AND REHABILITATION CENTER LIFE CARE CENTER OF OCALA BALDOMERO LOPEZ MEMORIAL VETERANS NURSING HOME FLORIDEAN NURSING AND REHABILITATION CENTER, THE CROSS CITY NURSING AND REHABILITATION CENTER CONSULATE HEALTH CARE OF KISSIMMEE LODGE AT CYPRESS COVE, THE BROOKDALE PALMER RANCH SNF LIFE CARE CENTER OF SARASOTA SHOAL CREEK REHABILITATION CENTER VICTORIA NURSING & REHABILITATION CENTER, INC. INN AT SARASOTA BAY CLUB WESTMINSTER ST AUGUSTINE RIVERCHASE HEALTH AND REHABILITATION CENTER BRYNWOOD HEALTH AND REHABILITATION CENTER LIFE CARE CENTER OF INVERRARY HAVEN OF OUR LADY OF PEACE SUNNYSIDE NURSING HOME FINR III, LLC NORTHWEST FLORIDA COMMUNITY HOSPITAL (SNU) LIFE CARE CENTER OF ESTERO RIDGECREST NURSING AND REHABILITATION CENTER BENTLEY CARE CENTER GLENRIDGE ON PALMER RANCH INC. ISLE HEALTH & REHABILITATION CENTER OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC GRACE REHABILITATION CENTER OF VERO BEACH VI AT AVENTURA MOOSEHAVEN VILLA MARIA WEST SKILLED NURSING FACILITY ASTORIA HEALTH AND REHABILITATION CENTER CLYDE E LASSEN STATE VETERANS NURSING HOME BENDERSON FAMILY SKILLED NURSING AND REHAB CENTER KR AT HILLSBOROUGH LAKES RIVIERA HEALTH RESORT CLUB HEALTH AND REHABILITATION CENTER AT THE VILLA PAVILION FOR HEALTH CARE, THE FLORIDA BAPTIST RETIREMENT CENTER STEWARD SEBASTIAN RIVER MEDICAL CENTER RENAISSANCE AT THE TERRACES SKYTOP VIEW REHABILITATION CENTER THE ARLINGTON OF NAPLES, INC, LEE MEMORIAL HOSPITAL SKILLED NURSING UNIT BUFFALO CROSSING HEALTHCARE AND REHABILITATION CEN LARGO HEALTH AND REHABILITATION CENTER OLIVE BRANCH HEALTH AND REHAB CENTER WESTMINSTER BALDWIN PARK

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cryptobully-blog · 7 years ago

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RENNOVA HEALTH ANNOUNCES 2017 FINANCIAL RESULTS OTC Markets:RNVAW

http://cryptobully.com/rennova-health-announces-2017-financial-results-otc-marketsrnvaw/

RENNOVA HEALTH ANNOUNCES 2017 FINANCIAL RESULTS OTC Markets:RNVAW

WEST PALM BEACH, Fla., April 24, 2018 (GLOBE NEWSWIRE) — Rennova Health, Inc. (OTCQB: RNVA) (OTCQB: RNVAW) (“Rennova” or the “Company”), a vertically integrated provider of industry-leading diagnostics and supportive software solutions to healthcare providers, that recently announced the acquisition of its second Rural Hospital, reports financial results for the year ended December 31, 2017, and provides a business update.

Significant business highlights from 2017 and recent weeks include:

We have received approximately $15.7 million in cash from issuances of debentures and warrants and an additional $4.0 million from the issuance of our convertible preferred stock in 2017. Subsequent to December 31, 2017, we received $2 million from the issuance of debentures and $0.8 million from the sale of stock we owned, to support Rennova’s growth strategy.

Opened Big South Fork Medical Center that we acquired out of bankruptcy for $1 million, in Oneida Tennessee on August 8, 2017.

Received CMS Certification for Big South Fork Medical Center effective October 11, 2017 enabling the hospital to bill and get paid from Medicare.

Entered into an asset purchase agreement on January 31, 2018 to acquire an 85 bed fully operating acute care hospital and separately located doctor’s practice located in Jamestown, Tennessee. The transaction is expected to close in the second quarter of 2018, subject to customary regulatory approvals and closing conditions.

Received a favorable ruling from the Eleventh Circuit Court of Appeals in our CIGNA suit in September 2017, thereby reversing an earlier decision by the U.S. District Court which excluded some of our patient claims for which we believe we are entitled to be paid.

Announced the formation of our Advanced Molecular Services Group (AMSG) and Rennova’s intention to spin it and our software division, HTS off to stockholders.

Completed the acquisition of Genomas, Inc. giving us ownership of a proprietary genetic test interpretation and reporting technology

Management Commentary

“2017 was a year in which we succeeded on the refocusing of Rennova Health’s business model in a sector that we believe creates a significant opportunity for growth combined with predictable revenue and value for our shareholders” commented Seamus Lagan, Rennova’s chief executive officer. “The opening of our first hospital was the result of a year of planning and investment. We look forward to the successful integration of our second and further acquisitions in this sector and the opportunity that this sector offers. We took numerous steps to streamline our costs throughout 2017, including further consolidation of our clinical laboratories and cutting administrative costs. Our clinical laboratory sector did not perform as well as hoped in 2017 with continued disruption and nonpayment for services continuing to create a difficult environment in the toxicology diagnostics sector in which we were focused. Progress was made expanding into a wider and more varied marketplace by adding preferred provider networks, forging contracts with third-party payers, adding Medicaid contracts and increasing the number of tests we offer, combined with aggressive consolidation and cost cutting as was planned for and completed in 2017 and the first quarter of 2018. We believe we have now repositioned this sector of our business to grow in other areas of diagnostic testing that offer a more reliable opportunity for payment”.

Mr. Lagan added, “We announced plans to in July 2017 to spin off Advanced Molecular Services Group (“AMSG”) and in the third quarter 2017 the Company’s Board of Directors voted unanimously to spin off the Company’s wholly-owned subsidiary, Health Technology Solutions, Inc. (“HTS”), as independent publicly traded companies by way of tax-free distributions to the Company’s stockholders. Completion of these spinoffs is now expected to occur in the third quarter of 2018 and our Board of Directors is currently considering if AMSG and HTS would be better as one combined spinoff instead of two. The spinoffs are subject to numerous conditions, including effectiveness of Registration Statements on Form 10 to be filed with the Securities and Exchange Commission, and consents, including under various funding agreements previously entered into by the Company. The strategic goal of the spinoffs is to create three (or two) public companies, each of which can focus on its own strengths and operational plans. The Company has invested in excess of approximately $20 million over the past five years in the purchase and development of the business that it intends to spin out, and believes that these businesses will deliver better value for our shareholders as separate companies. In addition, after the spinoffs, each company will provide a distinct and targeted investment opportunity”.

To conclude Mr. Lagan said, “2017 was a mixture of addressing the remaining challenges from the downturn in the Company’s core diagnostic business over the previous two or three years and launching the business in the rural hospital sector where the opportunity for growth is significant. We believe this success combined with our plans to separate our technology into a separate public company will deliver increased value for our shareholders throughout 2018 and beyond”.

Financial Results

Consolidated net revenues were $4.6 million for the year ended December 31, 2017, as compared to $3.3 million for the year ended December 31, 2016, an increase of $1.3 million, or 39%. The increase is mainly due to the $1.8 million of net revenue in 2017 from our Big South Fork Medical Center, which began operating on August 8, 2017, partially offset by the $0.5 decline in Clinical Laboratory Operations revenue resulting from a decrease of 79.6% in insured test volume in 2017 as compared to 2016, as a number of large third party payers are now generally unwilling to reimburse service providers who are not part of their network, a departure from prior industry practices. Our focus on the provision of diagnostic services to the substance abuse sector was a factor in this reduction of revenue. The third party payers have dramatically changed the way they reimburse for this sector. The Company has made progress in expanding into a wider and more varied market place, including hospital operations, and that combined with aggressive consolidation and cost cutting is expected to reduce the losses incurred in the future.

Our operating loss decreased to $16.1 million for the year ended December 31, 2017 compared to $22.5 million for the year ended December 31, 2016. The decrease is mainly due to decrease in bad debt charge of $0.5 million, a decrease in impairment charges in the amount of $1.0 million, a decrease in general and administrative expenses of $1.6 million, a decrease in sales and marketing expenses in the amount of $1.0 million, a decrease in direct costs of revenue in the amount of $0.3 million, and a decrease in depreciation expenses of $0.7 million, partially offset by the $1.3 million increase in net revenues for the year.

Our net loss from continuing operations for the year ended December 31, 2017 was $50.9 million, as compared to $22.6 million for the same period of a year ago. The change is primarily due to the decrease in operating expenses of $5.1 million and the increase in revenue of $1.3 million offset by $12.4 million additional expense related to the value of derivative liabilities, an increase of $15.2 million in interest expense, the decrease of $5.3 million in other income (expense), and additional income tax expense of $1.8 million.

The protective covenants in the various agreements combined with the Company’s current inability to issue new shares of common stock and nonpayment of certain liabilities means that $12.4 million that might otherwise be treated as equity have been treated as derivative liabilities and had the relative effect applied to the Company’s financial statements including the profit and loss and balance sheet.

At December 31, 2017, we had no cash on hand from continuing operations, a working capital deficit of $21.5 million and a stockholders’ deficit of $40.6 million. In addition, we incurred a loss from continuing operations of $50.9 million for the year ended December 31, 2017. Our cash position is critically deficient and payments critical to our ability to operate are not being made in the ordinary course. Our fixed operating expenses, including payroll, rent, capital lease payments and other fixed expenses, including the costs required to operate Big South Fork Medical Center, which began operations on August 8, 2017, are approximately $1.5-$2.0 million per month.

The Company also announced that Big South Fork Medical Center received CMS regional office licensure approval and provided services to 3,747 patients and recognized approximately $1.8 million of net revenues during the second half of 2017. In addition, on January 31, 2018, the Company announced that it had entered into a definitive asset purchase agreement to acquire an acute care hospital in Jamestown, Tennessee known as Tennova Healthcare – Jamestown. Management determined that because Big South Fork Medical Center was reopened after being closed and contracts with payers had to be negotiated and implemented during the first months of operation, they would recognize a 20% collection rate for the period to December 31, 2017 until there was adequate collection history to analyze and confirm anticipated collections. The Company may amend its current revenue recognition policy and percentage for the hospitals when payments are received to support amended revenue recognition methodologies. Therefore, the Company expects that these hospitals will continue to provide additional revenue and cash flow sources.

About Rennova Health, Inc.

Rennova provides industry-leading diagnostics and supportive software solutions to healthcare providers, delivering an efficient, effective patient experience and superior clinical outcomes. Through an ever-expanding group of strategic brands that work in unison to empower customers, we are creating the next generation of healthcare. For more information, please visit www.rennovahealth.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company’s most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Rennova Health Sebastien Sainsbury, 561-666-9818 [email protected]

(Tables to follow)

RENNOVA HEALTH, INC. CONSOLIDATED STATEMENTS OF OPERATIONS

For the Years Ended December 31, 2017 2016 Net revenues $ 4,619,473 $ 3,338,425 Operating expenses: Direct costs of revenue 948,838 1,245,304 General and administrative 15,757,527 17,318,026 Sales and marketing expenses 742,637 1,758,667 Bad debt 1,531,257 2,055,002 Impairment – 1,038,285 Depreciation and amortization 1,715,321 2,415,048 Total operating expenses 20,695,580 25,830,332 Loss from continuing operations before other income (expense) and income taxes (16,076,107 ) (22,491,907 ) Other income (expense): Other income 38,342 128,954 Change in fair value of derivative instruments (42,702,815 ) 5,392,390 Gain on extinguishment of debt 42,702,815 – Value of derivative liabilities (12,435,250 ) – (Loss) on disposal of property and equipment – (124,494 ) Interest expense (21,432,285 ) (6,308,347 ) Total other income (expense), net (33,829,193 ) (911,497 ) Net loss from continuing operations before income taxes (49,905,300 ) (23,403,404 ) Provision for income taxes (benefit) 1,015,724 (778,756 ) Net loss from continuing operations (50,921,024 ) (22,624,648 ) Net loss from discontinued operations (4,276,918 ) (9,989,039 ) Net loss (55,197,942 ) (32,613,687 ) Deemed dividend from trigger of down round provision feature (53,341,619 ) – Net loss to common shareholders $ (108,539,561 ) $ (32,613,687 ) Net loss per common share: Basic and diluted: continuing operations $ (45.17 ) $ (313.96 ) Basic and diluted: discontinued operations (1.85 ) (138.62 ) Total Basic and diluted $ (47.02 ) $ (452.58 ) Weighted average number of common shares outstanding during the period: Basic and diluted 2,308,090 72,062

RENNOVA HEALTH, INC. CONSOLIDATED BALANCE SHEETS

December 31, 2017 December 31, 2016 ASSETS Current assets: Cash $ – $ 70,173 Accounts receivable, net 971,312 1,051,345 Inventory 236,914 – Prepaid expenses and other current assets 9,842 146,793 Income tax refunds receivable 1,940,845 1,458,438 Current assets of AMSG and HTS classified as held for sale 226,732 493,890 Total current assets 3,385,645 3,220,639 Property and equipment, net 2,695,440 2,799,049 Deposits 180,875 135,146 Non-current assets of AMSG and HTS classified as held for sale 28,834 327,559 Total assets $ 6,290,794 $ 6,482,393 LIABILITIES AND STOCKHOLDERS’ DEFICIT Current liabilities: Accounts payable (includes related parties amount of $0.2 and $0.3 million, respectively) $ 4,188,678 $ 2,513,710 Accrued expenses (includes related parties amount of $0.1 and $0.1 million, respectively) 4,967,405 3,675,847 Income taxes payable 1,971,592 942,433 Current portion of notes payable 6,957,830 9,011,247 Current portion of notes payable, related party 1,128,500 328,500 Current portion of capital lease obligations 2,079,137 1,796,053 Current portion of debentures 1,615,693 – Current liabilities of AMSG and HTS classified as held for sale 1,972,854 1,296,977 Total current liabilities 24,881,689 19,564,767 Other liabilities: Debentures, net of current portion 3,752,022 – Capital lease obligations, net of current portion – 1,774,121 Derivative liabilities 12,435,250 2,803 Non-current liabilities of AMSG and HTS classified as held for sale – 26,598 Total liabilities 41,068,961 21,368,289 Commitments and contingencies Redeemable Preferred Stock 5,835,294 – Stockholders’ deficit: Series G preferred stock, $0.01 par value, 14,000 shares authorized, 215 and 215 shares issued and outstanding 2 2 Series H preferred stock, $0.01 par value, 14,202 shares authorized, 60 and 10,019 shares issued and outstanding – 100 Series F preferred stock, $0.01 par value, 1,750,000 shares authorized, 1,750,000 and 0 shares issued and outstanding 17,500 – Common stock, $0.01 par value, 500,000,000 shares authorized, 19,750,844 and 186,692 shares issued and outstanding 197,508 1,867 Additional paid-in-capital 128,351,954 45,752,999 Accumulated deficit (169,180,425 ) (60,640,864 ) Total stockholders’ deficit (40,613,461 ) (14,885,896 ) Total liabilities and stockholders’ deficit $ 6,290,794 $ 6,482,393

OTC Markets News

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unitednursing-blog · 8 years ago

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#homehealthagencies #homehealthcareservice #nursingagency #homehealthaide

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omcik-blog · 8 years ago

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New Post has been published on OmCik

New Post has been published on http://omcik.com/us-raises-medicare-payments-to-insurers-by-0-45-pct-in-2018/

US raises Medicare payments to insurers by 0.45 pct in 2018

Bill Clark | CQ Roll Call | Getty Images

Carol Berman, of West Palm Beach, Fla., speaks with pedestrians about the need for policymakers to protect Medicare Advantage benefits during the Coalition for Medicare Choices’ Medicare Advantage Food Truck stop on North Capitol Street in Washington on Monday, March 9, 2015.

The U.S. government on Monday slightly improved its final payment rate for health insurers who offer Medicare Advantage plans for older people and the disabled, settling on an increase of 0.45 percent on average for 2018.

Medicare Advantage, an alternative to the standard fee-for-service Medicare in which private insurers manage health benefits, is the fastest growing form of government healthcare, with enrollment of 18 million people last year.

While the outlook for other forms of U.S. government healthcare uncertain under President Donald Trump, health insurers are banking on Republicans embracing the use of Medicare Advantage.

Each year the government sets out a target rate that it will pay insurers, which then use the data to decide on coverage areas and costs.

On Feb. 1, the government proposed an increase of 0.25 percent. The change in Monday’s final rate reflects the government’s assessment that effective spending growth will be slightly lower than it had originally targeted.

Insurers who provide these plans include WellCare Health Plans, Anthem, Humana, UnitedHealth, and Aetna. Shares in the companies were little changed in extended trading.

The Centers for Medicare and Medicaid Services, a division of the U.S. Department of Health and Human Services, also said that it would be providing incentives to encourage organizations to develop new plans with “innovative” provider network arrangements.

The government announcement included a request from the public on other changes it could make to improve the Medicare and Medicare Part D programs.

Ipsita Smolinski, managing director at research firm Capitol Street in Washington, said that the Trump administration wants to simplify Medicare Advantage so that insurers do not have to “jump through so many hoops.”

That could mean changing the system of measurements used by the government to pay insurers more or less depending on how they are rated as well as other certification and audit programs, she said.

Insurers still face uncertainty for 2018 over the health insurance tax, she said. The Republican health plan that was proposed by Congress would have eliminated the tax, currently on hiatus, but the bills failure has put the tax back on the table for 2018.

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addictionfreedom · 7 years ago

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Patients with a dual diagnosis suffer from a substance addition and a mental health disorder. If both are not treated, risk of relapse increases.

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Addiction often comes with a dual diagnosis, or co-occurring mental health disorders. Learn more about dual diagnosis treatment options at The Ranch.

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Dual diagnosis, non 12-Step rehab. We’re a very different program, find out why!

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Treatment centers in the Foundations Recovery Network family offers effective addiction treatment for people with and without co-occurring disorders.

Located in Memphis, TN, The Oaks at La Paloma Treatment Center offers a variety of treatment including drug addiction, co-occurring disorders, & outpatient.

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