Former Sunwest Management CEO Jon Michael Harder surrenders to federal authorities, facing more than 50 charges of fraudulent activities and accusations of $130 million in investor losses. Read More »
In March 2013, the majority of nursing home residents will experience a radical change—no more government checks in the mail. Long-term care facilities should start now to educate their staffers and their residents on the new electronic direct deposit system. Read More »
Kindred Healthcare invests deeply in the heart of Texas, announcing its agreement to purchase IntergraCare's Texas-based home care and hospice operations. Read More »
The unfortunate overlap of multiple payment-reduction laws and regulations could add up to $65 billion less for skilled nursing home budgets over the next 10 years, according to nationwide data released today. Read More »
Read about the regions and job titles that pay nursing home employees the most in the annual nursing home payscale survey, released this week. Read More »
A low-premium, high-deductible health plan used to be viewed as "the single consumer's plan." Now, high-deductible plans are a favorite of employers, especially for large-group coverage. Read More »
LeadingAge has started a financial and legal advice service for its not-for-profit members. Struggling facilities can request an assessment and receive advice from experts for free. Read More »
State reform to limit medical liability claims and facility-based arbitration agreements can have huge impacts on long-term care’s finances, notes a study by ACHA/NCAL and Aon Global Risk Consulting. Read More »
Where a consumer lives plays a large role in his or her financial planning for long-term care. Costs from the nursing home through the home care categories vary greatly, according to a national study. Read More »
The Health Information Management Systems Society (HIMSS) and technology company Jvion have developed an online tool to help facilities calculate the financial impacts of migrating to ICD-10. Read More »
Genesis HealthCare, one of the nation’s largest long-term care providers, buys Sun Healthcare Group to expand its services, geographic presence and grow business during these uncertain times in the healthcare industry. Read More »
Making the claims processing more efficient, leads to savings and allows physicians to spend more time on patient care and less on payment reconciliations. Read More »
A detailed economic forecast, released this week by Health Affairs, predicts national healthcare spending will experience “modest growth” during the next nine years, but will spike in 2014 when the Affordable Care Act (ACA) coverage expansions activate. Read More »
Strong revenues may please corporate shareholders, but CMS data shows that many nursing homes are providing substandard care for residents. Read More »
Yesterday’s article on the most exciting prospect in senior housing had been posted no longer than an hour before I started receiving emails and social media notifications from industry observers with stakes in China. Read More »
The Chinese government announced a target of adding 3.4 million senior housing beds by 2015, and has been inviting foreign investors and operators into the market to leverage their unparalleled expertise. Why this may be the opportunity of a lifetime for you and your peers to evolve senior living in previously impossible ways. Read More »
Senior living executives at Senior Living 100 shared ideas on new approaches to acuity adaptable spaces, models for differentiated care in assisted living and memory care, and innovative ways to appeal to consumers’ changing lifestyles and affinities. Read More »
Overall long-term care revenues, which grew 31 percent between 2006 and 2011, are forecasted to reach $352.8 billion by 2016, according to the Kalorama Information report. Read More »
Anticipate many hoops and considerations, as the sale of a nonprofit senior living facility may be subject to approval by the state. This could be a formal process that is limited to the attorney general’s office or may result in recommendations to a court. Read More »
How can a nonprofit go about finding an appropriate acquirer, either nonprofit or for-profit, and how can both parties come to a mutual understanding about the transaction and the future of the senior living property being sold? Start with these seven important steps to divestiture. Read More »
ALFA’s annual list of the top 80 largest senior living providers reflects REIT-based acquisitions, higher absorption, major management deals and reduced construction activity. Read More »
Kindred said it would not renew seven lease bundles containing 54 nursing and rehabilitation centers and 10 long-term acute care (LTAC) hospitals. Read More »
Where should for-profit borrowers look for capital in 2012? Is the HUD LEAN logjam breaking apart? Thomas B. Gale, vice president with Lancaster Pollard, touches on capital trends and more in this exclusive interview. Read More »
The Alliance for Quality Nursing Home Care, which announced the poll's findings, intends to broadcast the results “on Capitol Hill and in states across the nation.” Read More »
In this first of a regular monthly feature of conversations with LTC industry executives, Craig Fukushima of The Fox Group weighs in on the outlook for senior housing development, capital availability and the influence of baby boomers on senior care and marketing efforts. Read More »
LTC developers and operators gathered last Sunday to learn the latest business models, demographics and behavioral considerations for managing dementia, as well as to explore opportunities to expand or add memory care to their communities. Read More »
New standards build upon regulations published earlier this year that set industry-wide standards for how health providers use electronic systems to determine a patient’s eligibility for health coverage and check on the status of a health claim. Read More »
