As the popularity of Medicare Advantage plans continues to grow, commercial health insurers are starting to look at senior living not only as a partner but as a potential acquisition target. While the number of senior living providers partnering with Medicare Advantage programs is small, Read More »
Category: Medicare and Medicaid
Federal Watchdog Criticizes Gaps in Assisted Living Regulations
There are major gaps in the regulation of assisted living communities nationwide, and steps should be taken at the federal level to ensure they’re swiftly and properly addressed, according to a recently published report from the U.S. Government Accountability Office (GAO). The report, titled “Improved Read More »
How Juniper’s Care Model Could Save Medicare $15 Billion Annually
Senior living providers might have the secret sauce to save the Medicare program more than $15 billion each year. That’s the message from Bloomfield, New Jersey-based Juniper Communities, which provides assisted living and memory care services at 22 communities in Pennsylvania, New Jersey, Colorado and Read More »
Largest Affordable Assisted Living Community in Texas Closing
The demand for affordable senior housing is growing rapidly. But successfully operating this asset class is challenging, as a large facility in the Lone Star State found. Westchester Plaza in Fort Worth, Texas—the largest assisted-living facility for Medicaid recipients in the state—will be closing its doors after Read More »
Only 33% of Older Americans Have Saved for Long-Term Care
It’s no secret that affordable senior living options are going to be in high demand, and that fact is driven home again by a new survey. Only 33% of older Americans have saved any money to pay for their own long-term care, according to the survey Read More »
Senior Living Owner Arrested in $1 Billion Billings Scam
An owner of multiple health care facilities in the Miami area, including senior living communities, has been charged in the largest single fraud scam of its kind in history, totaling more than $1 billion, according to the Department of Justice (DOJ). The owner, Phillip Esformes, Read More »
Why Senior Living Must Adapt to New Payment Programs
While the health system has been shifting away from its fee-for-service reimbursement model, alternative payment programs have accelerated coordination across the care spectrum, and senior living providers are becoming more involved. Bundled payment programs are among these new models that have been introduced over the Read More »
Task Force: Health Care, Housing Connection Will Solve Aging Crisis
The connection between housing and health care will be paramount to solving problems associated with the impending aging crisis, especially when it comes to the future of affordable senior housing, according to a report issued this month by the Bipartisan Policy Center’s Senior Health and Read More »
4 Steps Assisted Living Can Take Toward ACO Status
Accountable care organizations (ACOs) aren’t just for physician groups and hospitals anymore. Senior living is starting to make its way into these innovative models, and there is a lot that assisted living providers can do to advance the conversation with ACOs and ultimately join these provider Read More »
How the Seasons Influence Who is in Skilled Nursing Beds
April brings budding trees and the start of baseball season, but does it also bring a change in the mix of skilled nursing facility residents? It’s possible, if The National Investment Center for Seniors Housing & Care (NIC) is to be believed. The organization on Wednesday provided Read More »
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