AmeriCare Added to SBA Franchise Registry

AmeriCare, a home-based caregiving franchisor, recently announced their approval and addition to the U.S. Small Business Administration (SBA) Franchise Registry.  The Franchise Registry is a compilation of franchise systems whose franchise agreements have been reviewed by the SBA, thereby shortening the loan process for franchise investors and ensuring a consistent eligibility decision for loans.  AmeriCare, […]

New Report Shows Skilled Nursing Care Costs Over $90K Per Year

A new report released by Univita Health estimates that the average annual cost nationwide of a private room in a Medicare-certified skilled nursing facility (SNF) was $90,155 and the average daily rate for a single occupancy, private room in a Medicare-certified SNF was $247.  The study surveyed over 2,000 nursing homes, 2,000 assisted living facilities […]

Summer Fun: Cruise the Beach In A Wheelchair?

Want to take a loved one down to the beach this weekend but can’t figure out how to navigate the sand with a wheelchair?  Fear not sand castle builder…for $1,600 and ‘some assembly required’, you can purchase and put together Joy on the Beach.  The wheelchair, manufactured in Italy, uses aluminum alloy and inflatable balloon […]

Illinois Governor Signs New Nursing Home Care Reform Law

Governor Pat Quinn last week signed historic legislation that transforms Illinois’ system of care for frail older adults and persons with disabilities.  The Governor signed two new laws, Senate Bill 326 and Senate Bill 2863, that improve the lives of current and future nursing home residents and are based upon recent research, investigations and deliberation […]

New Survey Shows Seniors Misinformed on Affordable Care Act

According to a new poll by the National Council on Aging (NCOA), most seniors are confused and unaware to important aspects of health reform, or the Affordable Care Act, including its impact on their own Medicare coverage, the growth of Medicare, and the budget deficit.  The survey asked adults 65 and older a series of […]

Growth Opportunity For Banks: Become Elder Care Service Providers?

There’s a buzz about a recent article in the Wall Street Journal entitled, “Beyond Estate Planning: Bankers Tackle Elder Care” that talks about growth opportunities that banks are seizing to help assist some of their best and most trustworthy customers, their senior customers.  From helping to pay bills, arrange for services or refer to other […]