Medicare Cuts Will Cripple Home Health Agencies says Report

The Centers for Medicare and Medicaid Services’ (CMS) proposed changes to the home health prospective payment system (HH PPS) would lead to negative Medicare financial margins for more than half of all home health agencies, according to National Association for Home Care & Hospice’s (NAHC) analysis of data in the proposal. CMS released its proposed rules […]

Moody’s Confirms Negative Outlook for Not-for-Profit Hospitals, Challenges Ahead

Moody’s Investors Service has confirmed its negative rating outlook for the not-for-profit healthcare sector thanks to new medians data from fiscal year 2010, which further illustrate the challenges facing the sector, says Moody’s in a new report. Continuing high unemployment rates, uncertainty about healthcare reform, and upcoming Medicare cuts support Moody’s negative outlook, says the […]

LTC’s Net Income Swells Nearly 50% in Second Quarter

LTC Properties, Inc. (NYSE:LTC) experienced a 46.8% increase in net income available to stockholders in the second quarter to $11.3 million and $0.37 per diluted share, compared to the second quarter of the previous year’s $7.7 million and $0.33 per diluted share, meeting analysts’ expectations. Total revenues rose 18.2% to $21.2 million in the second […]

CMS: Aging Population will Contribute to $4.6 Trillion in Health Spending by 2020

The Centers for Medicare and Medicaid Services (CMS) recently released the National Health Expenditures spending projections through the next decade, with national health spending expected to reach $4.6 trillion by 2020 due to an aging population. The government-sponsored share of health spending is expected to increase from 45% to nearly 50% by that time. The aging […]

Ventas’ Profit Plummets 66% in 2Q After Spending Billions on Real Estate Investments

Ventas,Inc.’s (NYSE:VTR) profit plummeted more than 66% for the second quarter, after spending billions of dollars on real estate investments in the first six months of 2011. “Year-to-date 2011 has been outstanding, as we completed $11 billion of high-quality acquisitions while simultaneously improving our balance sheet and credit profile and delivering excellent results to our […]