As the senior living industry grapples with high expenses and depressed margins, some are embracing a once-unthinkable idea: Having taxpayers foot the bill for some or all of assisted living and memory care costs. While the industry has long resisted the allure of public dollars to help pay for operations, Medicare or Medicaid reimbursements could […]
Medicaid
U.S. President Donald J. Trump has officially taken the oath of office, and with that has come increasing uncertainty around many sweeping promises he made on the campaign trail and following the election, particularly in regard to the Affordable Care Act (ACA). Residents at one West Coast senior living community have since expressed their concerns […]
Though roughly 1.4 million Americans are living in nursing homes today, this segment of senior housing isn’t exactly attractive to the average person, The New York Times writes in a recent article. In fact, nursing homes have developed a bad reputation as “smelly, indifferent places where people go to die,” according to the article, “Nursing Home […]
Nearly 3,000 nursing home jobs have already been lost in Ohio due to the squeeze created by an 11.1% reduction in Medicare reimbursement rates, and the Alliance for Quality Nursing Home Care recently said this represents the “leading edge of a national trend” that could affect all skilled nursing patients as direct care staff is […]