Assisted living communities may be able to take advantage of a 20% business income tax deduction in the 2017 Tax Cuts and Jobs Act that may elude skilled nursing facilities, according to AHCA/NCAL's interpretation of a proposed rule issued by the IRS.
Assisted living figures prominently in the future plans that CVS Health executives shared Wednesday to improve performance in its Omnicare long-term care pharmacy business.
Assisted living operators that hope to compete for customers down the road need to change their business models and, in particular, ramp up offerings for more healthcare services.
Bipartisan bills introduced in the Senate and House call for the Centers for Medicare & Medicaid Services to publish the Program of All-Inclusive Care for the Elderly final rule by Dec. 31. The rule could open up new opportunities for PACE enrollees to access care in senior living communities and additional settings.
Study confirms what many suspect: Assisted living's growth taking a toll on skilled care private pay
Many operators are convinced senior living is growing at skilled care's expense. A new study adds nuance to the numbers.
Assisted living and memory care "may become more consequential" in the healthcare system, and the recent complex deal involving Welltower, ProMedica Health System and HCR ManorCare "is the best example that one can point to" of how that system is changing, Welltower CEO Tom DeRosa said Friday.
Many Hispanic adults participating in a recent poll said they perceive issues related to language, food and religion at assisted living communities. Assisted living communities fared better than nursing homes and home health in some instances, but not in others.
Senior living operators can look forward to growth in the coming years, largely at the expense of their skilled-care competitors. So suggests a new report that sizes up the seniors housing and care sector.
At a time when many senior living community owners and operators are reducing their number of skilled nursing beds and many investors are shying away from the property type, one Texas assisted living community recently expanded its offerings to include skilled nursing.
Community-based long-term services and supports have the potential to increase Medicaid beneficiary satisfaction and save costs, and they're becoming increasingly popular as an alternative to institutional care, according to reports on the Tuesday agenda of a Centers for Medicare & Medicaid Services Open Door Forum.