The six biggest overall senior living operators on the LeadingAge Ziegler 150 list in 2017 remain unchanged from their rankings on the 2016 list, and three additional organizations made the top 10 both this year and last. This year's list was released Monday.
The tax reform bill passed by Senate Republicans in the early morning hours Saturday threatens the future of Medicare, Medicaid, senior housing and home- and community-based services, according to one provider group.
LeadingAge and 41 other organizations are urging Senate leaders to scrap the body's tax reform bill and start over, expressing "deep concerns" about "drastic cuts" that potentially would occur to Medicare, Medicaid and other programs, as well as increases in out-of-pocket medical expenses for older adults and those with disabilities, should the legislation pass.
Provider groups continued to express concerns over provisions in the $1.5 trillion tax reform legislation that passed 227-205 Thursday in the House of Representatives and in the tax reform bill under consideration in the Senate.
Assisted living communities have until Dec. 4 to submit management salary, nonmanagement wage and fringe benefit information to the Hospital & Healthcare Compensation Service for its Assisted Living/Personal Care Salary & Benefits Report.
Florida assisted living and nursing home operators say they will avoid potential $1,000-per-day fines and loss of licensure after an appeals court Tuesday handed down a decision that emergency rules requiring them to have generators and fuel in place by Nov. 15 did not remain in effect while Gov. Rick Scott appealed a previous court decision that the rules were "invalid exercises of delegated legislative authority" by state officials. The governor disagrees.
Advocates for senior living and affordable housing have expressed opposition to H.R. 1, the Tax Cuts and Jobs Act, proposed by Republicans in the House of Representatives, because it eliminates the medical expense deduction and tax incentives for senior housing construction.
Organizations representing senior living operators told McKnight's Senior Living that they are encouraged by the Medicaid vision and policies outlined Tuesday by Seema Verma, administrator of the Centers for Medicare & Medicaid Services.
House Republicans have unveiled an ambitious plan to revamp the nation's tax code. If enacted, the measure promises to be a mixed bag for senior living operators.
Integrating Programs of All-Inclusive Care for the Elderly into assisted living can increase attention to residents, reduce the length of hospitalizations and increase resident satisfaction, according to Peter DeGolia, M.D., CMD, medical director of McGregor PACE in Cleveland. As a result, residents who receive PACE care tend to stay in their assisted living communities longer, he added.