More than 2,600 hospitals across the U.S. are being fined under Medicare for having too many patients return within 30 days of discharge. While readmissions rates are dropping year over year, the penalty count, the third round of which the Centers for Medicare and Medicaid services has conducted since the readmissions reductions efforts began in […]
Category: Government Programs
Mainstreet Names 5 New Staff Members to Join Growing Team Carmel, Indiana-based Mainstreet, the nation’s largest developer of post-acute health care properties, has announced five new members will join its team. Michael Klingl has joined Mainstreet as a development director. Klingl most recently worked for GreenbergFarrow in Chicago, where he served as a senior development manager for more […]
The Department of Health and Human Services (HHS) has issued a new set of materials to engage older adults and senior living personnel in learning about brain health, particularly how brain health is affected as people age. The Brain Health Resource includes the basics about Alzheimer’s disease and managing possible risk factors. “Although no activity or […]
Changes that could go into effect next year would reduce Medicare payments to home health agencies by .3%, or $58 million, the Centers for Medicare & Medicaid Services (CMS) announced Tuesday. The proposed rule that cuts the Medicare home health prospective payment system (HH PPS) reflects the effects of the 2.2% home health payment update percentage […]
The federal funds rate appears to be bucking historical trends as it remains at a low rate for what Department of Housing and Urban Development lenders predict will be an extended period of time, industry leaders say. The federal funds rate has narrowly fluctuated between 0.06 percent and 0.25 percent since January 2009, when the Fed […]
Reimagining what a community looks like and applying technology to meet home health care needs can help seniors stay in their homes for longer, according to The National Aging in Place Council (NAIPC), Forbes reports. While 90% of adults over 65 want to stay in their homes, many end up moving into senior living communities, Forbes says, citing […]
In case you missed it…here are the top five headlines grabbing SHN readers’ attention this week: EB-5 Funding Booms for Senior Living Development—The Immigrant Investor Program is gaining steam as a growing source of funding for senior living developers, some of which include Omega Communities and RockBridge Senior Living. Brookdale to Change Community Names Under […]
The Centers for Medicare & Medicaid Services (CMS) is ramping up a program that focuses on nursing homes with serious quality issues after a sequester-induced reduction, the Department of Health & Human Services announced in a recent memo. Effective in April, CMS adjusted the number of designated slots and facility candidates so states can resume selecting […]
The infamous queue of applications for the Department of Housing and Urban Development’s senior housing and healthcare finance programs has been dissolved, and timelines for new applications are zipping through up to 10 times faster than before. Two to three years ago, it could take a year—or longer—to have a HUD Section 232 application picked […]
California assisted living communities have repeatedly made headlines in the last several months for all the wrong reasons, raising the question of whether one state’s regulatory woes could trigger federal oversight for the industry. The short answer: not likely. Assisted living experts say the state’s problems aren’t expected to have broader national implications at this […]