Symbriacumen Blog

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Get to know what drives us, how we think, and what we think about the trends and challenges facing our clients and our industry as a whole. Join the conversation!

The potential impact of a Trump presidency on post-acute and senior-living providers

At 7:30 a.m. on Wednesday, November 9, I received a brief yet impactful text message from a client that simply asked "now what?" Just hours before, Donald Trump was elected President and the Republican party retained the majority of seats in the U.S. Senate and House of Representatives.

Although these events may have a significant impact on our healthcare system and initiatives such as value-based payments, I think it's prudent to remain focused on what we know won't change. The growing demand for affordable housing and healthcare due to the demographic realities of an aging population will not change. The demand for qualified workers outstripping supply will not change. The increasing burden of chronic disease management will not change. I'm sure you can think of your own realities to add.

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inQ Experience Surveys now partnering with seven LeadingAge state associations (2)

During the past two years, Symbria Analytics has partnered with LeadingAge Connecticut, Illinois, Indiana, Missouri, New Jersey, and Nebraska to allow these state associations to offer a valuable benefit – a Skilled Nursing Resident Power Survey from inQ Experience Surveys at no cost to the member. And now, we've created a new partnership with LeadingAge Iowa that allows Iowa providers to receive the same benefit.

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Comparison of injectable and oral anticoagulants

Anticoagulation therapy is commonly administered to residents living in long-term-care communities. In the past, warfarin was the only oral anticoagulant available; however, equally effective therapies have been developed in recent years that offer practitioners and patients more options. Patients who are stable on warfarin therapy may not want to consider switching, but the newer therapies – although more costly – have some advantages over warfarin that may be appealing.

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Meet Symbria’s new Chief Human Resources Officer Deb Bragg

Symbria's first-ever Chief Human Resources Officer Deb Bragg oversees all human resources (HR) functions for all Symbria companies. With the help of her team, she is responsible for providing leadership and establishing and implementing the HR strategies that support Symbria's mission and success. Deb leads benefits and compensation, employee relations, talent acquisition, leadership and organization development, training, succession planning, and employee engagement. Along with this broad scope of responsibilities, she is also working to ensure that HR keeps pace with the needs of a fast-growing company like Symbria.

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Company update: Human Resources

By Chief Human Resources Officer Deb Bragg

This time of year reminds me of all I have to be thankful for – health, my family, our home, and, of course, our '57 Chevy! I'm also thankful for the warm welcome that I've received since joining the company last month. It truly has been my pleasure to work with our leaders and employee-owners to learn more about our the services we provide – and to begin the process of determining what our organization needs from the human resources (HR) team as Symbria continues to grow at a rapid pace.

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Symbria announces new COO and Chief Human Resources Officer

Symbria announces new COO and Chief Human Resources Officer

Janet Viane and Debra Bragg have been named to new leadership roles with Symbria. Janet, who was Symbria Chief Marketing & Sales Officer, now serves as the company's first-ever Chief Operating Officer (COO) and Debra has joined the company in another newly-created role – Chief Human Resources Officer (CHRO). Jill Krueger will continue to serve as Symbria President & CEO and will focus on the company's aggressive plans for growth as healthcare continues to change and the U.S. population continues to age.

As COO, Janet will direct the company's rehab, pharmacy, IT, sales, and marketing divisions and refine the company's brand and positioning. As CHRO, Debra will oversee HR strategy, leadership and organization development, benefit and compensation planning, and other areas. As CEO, Jill will work to expand the company's role and visibility in the post-acute care marketplace by building relationships with healthcare system executives, hospital leaders, and influencers as well as serving on the board of the Senior Care Pharmacy Coalition and as a member of the American Board of Post-Acute and Long-Term Care Medicine.

"Symbria's board of directors and I continue to value the talented, hard-working team that has brought Symbria to where it is today," said Jill. "Our invigorated corporate leadership team has the capabilities needed to execute our plans and help our company continue to thrive."

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Proton pump inhibitor use may increase dementia risk (2)

According to Pharmacy Today magazine, concerns are being raised about the risk of serious adverse effects due to the long-term use of proton pump inhibitors (PPIs) by geriatric patients. Although PPIs are among the most commonly used acid-suppressive therapies in the U.S., chronic PPI use has recently been associated with the risk of hip fracture, community-acquired pneumonia, Clostridium difficile infection, interstitial nephritis, hypomagnesemia, and myocardial infarction. In addition, data from two new German trials indicates that chronic PPI use by older adults may increase the risk of developing dementia:

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Section GG requirements: How we’re helping our client communities comply (2)

LeadingAge recently provided an overview of the new Section GG: Functional Abilities and Goals, which is now part of the PPS 5-day assessment and the Part A PPS discharge assessment. The data in Section GG is needed to calculate a new CMS-mandated SNF-QRP quality measure that requires skilled-nursing providers to assess functional abilities at the beginning of a Part A stay and to set at least one discharge goal for an area of functional status listed in Section GG. CMS also now requires an assessment of usual function at the end of a Part A stay. Section GG is not required for any payer source other than original Medicare Part A.

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The senior-living provider’s guide to Medicare open enrollment and 2016/2017 consumer mailings [Infographic]

It's that time of the year again! Along with the annual change of seasons from summer to fall comes Medicare open enrollment.

  • The Annual Election and Open Enrollment Periods will begin on October 15 and end on December 7, 2016.
  • Marketing by Medicare Part D plans will begin on October 1, 2016.
  • Medicare Part D plan changes will all take effect on January 1, 2017.

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Symbria ESOP annual statements hitting home mailboxes soon

We're excited to announce that our ESOP administration partner, Principal, is mailing the first set of annual Symbria ESOP account statements this week! Your ESOP account statement will provide the first tangible results of our conversion to an employee-owned company and the beginning of what we expect to be a valuable retirement benefit for you.

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Not to be missed

 

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Regulatory round-up

In an effort to keep you up-to-date on the latest regulatory requirements, we've rounded up some important developments that are in the news this month. Read on to learn about a recent FDA ruling on the use of niacin and fenofibric acid with statins – and new quality measures for skilled-nursing providers.

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FDA issues warnings about side effects of fluoroquinolones and olanzapine

By Symbria Rx Services Consultant Pharmacist Tom Crowley, PharmD, CGP

The FDA publishes Drug Safety Communications to share recently-observed risks of FDA-approved drugs. Two recent communications provided important new information about the potentially serious side effects that fluoroquinolones and olanzapine may cause.

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Symbria-commissioned study shows strip packaging saves time during med pass

Skilled nursing communities can save a significant amount of time when they choose to use strip packaging instead of bingo cards for the medications nurses administer to residents, according to a new study by a team of University of North Texas researchers. The study, which was commissioned by Symbria, showed that strip packaging was a more efficient, less time-intensive form of packaging than bingo cards.

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