Yes. The top 10 nursing home companies (by bed count) accounted for about 15.5 percent of beds.
Are most nursing homes for-profit?
Jan 01, 2008
Yes. About 65 percent of nursing homes are owned by for-profit by for-profit entities, whereas 28 percent are owned by non-profit organizations.
How many nursing homes exist?
Jan 01, 2008
About 16,500 nursing homes certified exist to provide Medicare and/or Medicaid care in the United States, with approximately 1.8 million total beds.
What is a skilled nursing facility?
Jan 01, 2008
A skilled nursing facility provides medical, nursing, social and rehabilitative services for older persons who require 24-hour nursing care and supervision.
What is long-term care?
Jan 01, 2008
Long-term care refers to a continuum of medical and social services designed to meet the needs of people living with chronic health problems that affect their ability to perform everyday activities.
What is the long-term care continuum?
Jan 01, 2008
The continuum of care includes all levels of health care and personal care service available.
Can a resident in an independent living setting use a walker?
Jan 01, 2008
Generally, residents take care of all their own needs, including meal preparation, housekeeping and transportation.
What is independent living?
Jan 11, 2008
Independent living may be something as simple as a housing complex for seniors, or might be one level in a retirement community.
Has the Medicare Home Health Prospective Payment System helped stabilize this sector?
Jan 11, 2008
Yes. In fact, the sector is expected to grow at an annul rate of 5 to 10 percent as a result of demographic trends, relative cost advantages and efficiencies under the prospective payment system.
Is home health a growing sector?
Jan 11, 2008
It had been. Between 1990 and 1997, the provision of home health agency services was one of Medicare’s fastest-growing expenses.