Overall spending for Americans aged 65 or more years has increased by 43.1% over the past decade, according to an analysis by DepositAccounts, so when choosing a place to retire, they may be drawn to places...
SNFs face ‘increased and increasingly hostile’ government scrutiny, attorneys say
By
Kathleen Steele Gaivin
Jun 06, 2024
The increased scrutiny facing nursing home providers since the COVID-19 pandemic includes “overall increased and increasingly sort of hostile approach by surveyors in the quality-of-care area,” according...
Healthcare cost growth rate down year over year, except for skilled nursing
By
Kathleen Steele Gaivin
May 23, 2024
Healthcare cost rates grew by 2.8% year over year in April, down from the growth rate of 3.1% seen the previous month.
After $423M IPO, PACS Group looks to grow
By
Kathleen Steele Gaivin
May 15, 2024
Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
American Healthcare REIT now owns 76 percent of Trilogy Health Services
By
Kathleen Steele Gaivin
May 15, 2024
American Healthcare REIT owns 76% of Trilogy Health Services as of April 15, AHR reported Tuesday during an earnings call.
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
Business briefs, April 30, 2024
By
Kathleen Steele Gaivin
Apr 30, 2024
Bill to block staffing rule, other LTC measures to headline congressional hearing … Legislation aims to prevent Medicaid Access Rule implementation … State bill aims to protect older adults from financial...
Business briefs, April 23
By
Kathleen Steele Gaivin
Apr 23, 2024
Nursing home staffing mandate final rule released; industry reacts … CMS releases final Medicaid Access Rule; home care and senior living groups respond. … WHO to host long-term care webinar May 8...
Retirement savings, future of government programs worry women: survey
By
Kathleen Steele Gaivin
Apr 18, 2024
Women aged 25 and older are concerned about whether they will be able to afford future health costs and retirement, according to the results of a survey by the National Council on Aging and Women’s Institute...
Business briefs, April 17
By
Kathleen Steele Gaivin
Apr 17, 2024
Bill promises ‘generational investment’ to support LTC workforce … Medicaid Access Rule a step closer to being finalized … Proposed information collection tool mean to help people recover ‘lost’...