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.
CMS updates spousal impoverishment standards
By
Lois A. Bowers
May 22, 2024
The Centers for Medicare & Medicaid Services on Wednesday announced updated 2024 spousal impoverishment standards, which apply when married individuals seek coverage of certain long-term services and supports...
Potential rescheduling of marijuana could affect senior living providers, residents
By
Kimberly Bonvissuto
May 22, 2024
A move by the federal government to reclassify marijuana as a schedule III drug could have implications for senior living residents.
Hospice fraudster sentenced to 20 years in prison, ordered to pay $42 million penalty
By
Adam Healy
May 21, 2024
The US Attorney’s Office for the Eastern District of Louisiana sentenced a hospice owner to 240 months in prison and $42 million in penalties for charges related to Medicare fraud.
Uber Caregiver launches insurance-covered service for older adults
By
Kimberly Bonvissuto
May 21, 2024
Older adults may now be able to use their health plans to pay for rides to medical appointments and delivery of groceries through a new Uber Caregiver program being launched this summer.
Task force releases recommendations addressing workforce shortages
By
Kimberly Bonvissuto
May 20, 2024
Although North Carolina’s assisted living communities don’t employ large numbers of nurses, industry leaders noted that findings and recommendations from a state task force on addressing a shortage...
Recruiting, retention strategies shared by McKnight’s Women of Distinction
By
Foster Stubbs
Adam Healy
May 16, 2024
Five current or previous McKnight’s Women of Distinction honorees shared recruiting and retention strategies in a panel discussion Tuesday.
Risk assessments key to effective emergency preparedness plans
By
Kimberly Bonvissuto
May 15, 2024
Emergency preparedness should be top of mind for all senior living providers, but the topic also is most likely to be shuffled off to the side until tragedy strikes.
State bills aim to address senior living workforce, access, dementia issues
By
Kimberly Bonvissuto
May 15, 2024
As the nation’s population of older adults increases the demand for senior living and other forms of long-term care, states are stepping up to provide solutions and resources to address some hot topic...
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...