CMS proposes ‘universal’ quality measures to ease provider burden, confusion
By
Lois A. Bowers
Feb 06, 2023
Centers for Medicare & Medicaid Services leaders are proposing the creation of a “universal foundation” of quality measures to reduce the reporting burden and confusion for providers and better align...
Assisted living operator faces multiple felony charges over alleged diversion of millions in Medicaid,...
By
Kimberly Bonvissuto
Feb 03, 2023
An assisted living community and nursing home operator was indicted by a Wisconsin grand jury Wednesday on multiple fraud charges in a scheme connected to diverting millions in Medicare and Medicaid funds...
Virtual reality-based therapies now covered by insurance for some long-term care residents
By
Kimberly Bonvissuto
Feb 03, 2023
Virtual reality-based therapies are now covered by insurance for some New York long-term care residents under a new partnership with an institutional special needs plan.
Inflation Reduction Act estimated to yield billions in drug savings
Feb 02, 2023
The ceiling prices for negotiation would have reduced Medicare prescription drug spending by ~5% if implemented from 2018 to 2020.
More news for Thursday, Feb. 2
By
Kimberly Bonvissuto
Feb 02, 2023
Man with ties to senior living industry now in US custody over Haitian president assassination plot … Program aims to expand, diversify aging studies research workforce … Parkinsons’ Foundation expands...
Business briefs, Jan. 30
By
Kathleen Steele Gaivin
Jan 30, 2023
Omega Healthcare Investors quarterly cash dividend of $0.67 per share on its common stock … Sabra Health Care REIT announces tax treatment of 2022 distributions … Life plan community awards 18 scholarships...
More news for Friday, Jan. 27
By
Kimberly Bonvissuto
Jan 27, 2023
Headwinds may stall CCRC recovery, Fitch Ratings says … Turnover rates among assisted living staff hold steady for most operators: report … FDA advisory committee votes on proposed COVID-19 vaccine...
Assisted living represents savings opportunities, provider group tells Congress
By
Kimberly Bonvissuto
Jan 25, 2023
Assisted living provides a value proposition that could reduce federal spending and improve quality of life for older adults, Argentum President and CEO James Balda said in a letter this week to congressional...
Republicans take aim at Social Security, Medicare in debt reduction talks
By
Kathleen Steele Gaivin
Jan 25, 2023
The United States reached its debt limit of $31.4 trillion Thursday. As Congress looks to reduce spending, some House Republicans are taking aim at Social Security and Medicare.
Congressional report slams FDA, drugmaker over approval of Alzheimer’s drug Aduhelm
Dec 29, 2022
The controversy over aducanumab (Aduhelm) stretches back to its June 2021 approval by the US Food and Drug Administration.