Category: Long Term Care

Washington Post: Employers Warming Up to Elder Care Benefits

For many adult children, juggling time to care for one’s parents and own household, while at the same time balancing a 9-to-5 job, is no easy task. But as the nation’s aging population is poised for astronomical growth in the years ahead, more employers are providing benefits to their workers to help them with manage… Read More »

Mounting LTC Liability Costs Sending Some States’ Providers into Crisis Mode

Liability costs for long-term care providers are expected to increase by 5%, with an estimated national loss rate at $2,030 per occupied bed in 2015, a new study shows. But some will feel the heat more than others.  The analysis, released Thursday by the American Health Care Association (AHCA) and Aon Global Risk Consulting, provides estimates of… Read More »

Harvard Study Finds ACOs Lead to Better Health Care

It’s the formula health care reforms have been drumming up since the passing of the Affordable Care Act: organizations that play together, report higher satisfaction in delivery of care services, according to recent research from the Harvard Medical School Department of Health Care Policy.  And for patients with multiple chronic conditions, their satisfaction with Accountable Care… Read More »

Google Makes New Play at Aging Tech Startups

Google (NASDAQ: GOOG) continues to attach itself with the aging healthcare space, especially now with its new partnership with a nationally recognized startup accelerator focused on tech solutions for the elderly and long-term care. Tuesday, Google for Entrepreneurs (GFE) announced it has partnered with Aging2.0, a startup accelerator network, to help amplify support of entrepreneurs… Read More »

Long-Term Care Providers Must Improve to Attract Health Care Partners

With the increase in the senior population, plus increasing numbers of individuals with chronic conditions and Alzheimer’s, the total number of Americans requiring long term care will more than double from 13 million in 2000 to 27 million in 2050, says a new report. While demand for such services is projected to increase, reputation will be key to a long… Read More »

ABC News: Paying for Long-Term Care

With long-term care needs of some sort on the horizon for the majority of Americans, how to pay for it is a question rising along with demand.  Many are ill-prepared to pay for it, writes ABC News in a recent article. But knowing the options, costs, and types of assistance that are available can at… Read More »

PBS Column: Why America’s Elder Care System is All Wrong

The elder care system in America is valuing risk aversion to resident care, writes PBS media partner Next Avenue in a recent column. The article is part of Twin Cities Public Television Next Avenue’s year-long project about aging well, planning for the changes aging brings and shaping how society thinks about aging. “America’s elder care system… Read More »

Annual Caregiving Costs Still Cheaper than Assisted Living

Caring for a family member requires a substantial allocation of time and energy, and for nearly half of families providing care for a loved one, their savings feel the brunt of the impact, according to a new report from Caring.com. About 46% of family caregivers spend more than $5,000 per year on caregiving expenses, as… Read More »

In the Pipeline: Senior Housing Construction Projects (9/18/14)

Construction: Planned Ohio Senior Living Community Plans $20 Million Expansion Otterbein Senior LIfestyle Choices is planning a $20 million expansion to add more housing to its continuing care retirement community (CCRC) campus in Lebanon, Ohio, reports Dayton Business Journal. The project will create 83 independent living units across 20 new buildings, among them will be 17… Read More »

Affordable Senior Housing Is the Next Big Growth Opportunity

Senior housing operators will be forced to address the growing need of low- to moderate-income seniors in the coming years, as an estimated 3.5 million seniors today don’t have enough money to pay for higher acuity services. The high-end senior living facilities that have emerged within the past few years just won’t cut it when… Read More »

Managed Care, Long-Term Care Hottest Deal Targets in Health Sector

The appetite for mergers and acquisitions in the health services sector is healthy, as the volume of deals in the first two quarters of the year are on pace with that of the first half of 2013, a PricewaterhouseCoopers LLP (PwC) report suggests.  But some sectors are faring better than others: The managed care and… Read More »