Nearly 6 in 10 seniors don’t understand what a deductible is
By
Amy Novotney
Sep 14, 2020
At a life stage where having a clear understanding of healthcare is critical, nearly seven in 10 Medicare beneficiaries agree that Medicare insurance is confusing and difficult to understand. That’s...
Supply of post-acute care facilities continued decline last year: MedPAC report
By
Amy Novotney
Jul 21, 2020
The nation’s supply of inpatient rehabilitation facilities, long-term care hospitals and skilled nursing facilities continued to decline in 2019, contracting by 1.5%, 3.9% and 0.8%, respectively. That’s...
Debates arise over who should foot the bill for nursing home worker testing
By
Amy Novotney
Jun 10, 2020
Regular COVID-19 testing of nursing home staff, who are the most likely to introduce the virus to a facility and spread it to residents, has been sanctioned by experts as one of the most important ways...
New poll shows most older adults worried about potential healthcare and long-term care costs
By
Amy Novotney
Oct 22, 2020
Six in 10 Medicare recipients aged 65 or more years are concerned about future healthcare costs, according to a survey of more than 1,100 Medicare enrollees conducted by MedicareGuide.com.
AHCA/NCAL: CMS Accelerated Payment program providing quick support
By
Amy Novotney
Apr 16, 2020
The surest bet for quick financial help for long-term care operators right now appears to be through the Centers for Medicare & Medicaid Services’ Accelerated Payment Program, Consolidated Billing Services...
Pandemic likely to jeopardize financial security of next generation of retirees
By
Amy Novotney
Apr 16, 2020
The COVID-19 pandemic could undermine the financial security of the next generation of retirees, according to a blog post by Richard W. Johnson, director of the Program on Retirement Policy at the Urban...
Business briefs for Monday, April 13
Apr 13, 2020
CMS proposes 2.3% Medicare increase for 2021 … Welltower and HCR ManorCare founder Fritz Wolfe dies … NIC MAP: Senior living occupancy falls slightly in first quarter … BMO Harris provides $12.3M...
Medicare will accelerate payments to providers and suppliers, CMS announces
By
Amy Novotney
Mar 31, 2020
On Saturday, the Centers for Medicare & Medicaid Services announced that it is expanding its accelerated and advance payment program for Medicare providers to ensure that they have the resources to fight...
More objections filed against Illinois CCRC bondholders bankruptcy plan
By
Amy Novotney
Jun 22, 2020
Additional objections have been filed against a Chapter 11 reorganization plan proposed by the majority bondholders for Barlett, IL-based continuing care retirement community Clare Oaks Senior Living.
Nursing homes previously sued for Medicare fraud received hundreds of millions in coronavirus relief...
By
Amy Novotney
Aug 05, 2020
For-profit nursing home operators that have faced accusations of Medicare fraud and kickbacks in recent years received more than $300 million in coronavirus relief payments, according to a Washington Post...