Government policies needed for full interoperability in senior care, experts argue
By
Aaron Dorman
Mar 28, 2024
Experts on a virtual panel highlighted the need for tighter government policies to ensure standards to foster interoperability in PAC.
Rates for nursing homes, in-home care down: report
By
Kathleen Steele Gaivin
Mar 28, 2024
Movement of rates for long-term care is mixed, with assisted living and home health aide rates up but rates for in-home nursing visits and nursing homes declined year over year, according to a new report...
Asian American and Pacific Island New Yorkers concerned about nursing home care: survey
By
Kathleen Steele Gaivin
Mar 27, 2024
New Yorkers of Asian American and Pacific Island (AAPI) heritage expressed concern over the quality of nursing home care in a recent survey by AARP.
Actions & Transactions, March 26
By
Kathleen Steele Gaivin
Mar 26, 2024
CFG executes $13.55M in refinancing for 2 SNFs in Illinois … Hudson Valley Property Group completes $15.2M renovation of affordable housing for seniors in Jersey City, NJ … Merrill Gardens acquires...
Business briefs, March 22
By
Kathleen Steele Gaivin
Mar 22, 2024
Interest rate cuts on the horizon … ‘Landmark legislation’ aims to streamline, coordinate care for 12 million dually eligible individuals … Provider sues agency for routine overbilling, unscrupulous...
SNF, home care spending outpaced by overall personal healthcare spending
By
Kathleen Steele Gaivin
Mar 21, 2024
Year-over-year spending on nursing home care grew by 6.3% in January, and spending on home healthcare grew by 6.8%, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday....
Business briefs, March 21
By
Kathleen Steele Gaivin
Mar 21, 2024
Dwindled giant’s $18M settlement ‘a signal’ to SNF owners about ‘negligent’ care’ … Lawmakers threaten harsher penalties for negligent providers, CEOs in wake of cyberattack … NY assisted...
Nursing homes struggle with tighter reimbursement environment, expert says
By
Kathleen Steele Gaivin
Mar 20, 2024
Nursing home funding challenges, capital and private equity firms were among the subjects of a webinar Tuesday sponsored by the Long Term Care Community Coalition.
Business briefs, March 19
By
Kathleen Steele Gaivin
Mar 19, 2024
Investor group buys of long-term care properties from not-for-profit owners draws quality concerns … State health department rejects lawmakers’ pleas to appoint nursing home receiver … For-profit...
Fitch says ratings changes could benefit SNF-heavy CCRCs
By
Kathleen Steele Gaivin
Mar 18, 2024
Fitch Ratings’ proposed changes to the way it rates not-for-profit continuing care retirement / life plan communities are designed to provide “much more transparency around [communities] that don’t...