State Medicaid Programs to Spend $1.6 Trillion on Long-Term Care over the Next Twenty Years

The industry trade group, America’s Health Plans released a press release and report last week that shows Medicaid spending for long-term care will expand at a faster rate than overall U.S. health-care spending, Medicare expenditures and and the overall economy.  The report shows state Medicaid programs will spend $1.6 trillion on long-term care expenses over […]

GE Healthcare Forms Strategic Relationship with Living Independently Group

Companies to co-develop and distribute telecare and remote monitoring offerings GE Healthcare, a unit of General Electric Company (NYSE:GE), announced today that it has entered into a distribution and technology collaboration agreement with Living Independently Group, Inc. a leading provider of telecare and passive monitoring systems used to assist in the care of seniors. GE […]

Nursing Home System: I’m Broken and Can’t Get Up

A national task force from the American Association of Homes and Services for the Aging (AAHSA) recently released a report that the current survey and certification processes used to evaluate long-term care facilities nationwide is broken and beyond repair. The task force concluded in its final report, “Broken and Beyond Repair: Recommendations to Reform the […]

How Can you Pay for Long Term Care with an Ailing Economy?

An article out of USA Today highlighted the problems of retiring in an ailing economy. The usual culprits of decreasing values of retirement funds, decreasing homes values and rising prices of consumables were the big three for this article. “Americans need to face a sobering fact: They’re not likely to have as much money for […]

NCAL Study finds more states changing their assisted living regulations

Leading Assisted Living Organization’s Report on States’ Assisted Living Regulations Finds Widespread Change in 2007 Analysis of unique annual report reveals more than 20 states changed policies regarding assisted living Washington, D.C.: The National Center for Assisted Living’s (NCAL) 2008 Assisted Living State Regulatory Review found that in 2007 significantly more states changed their assisted […]

Housing Slump Hurts Assisted Living Operators

Late last week the associated press ran an article on how senior housing and assisted living operators were lowering their guidance and forecasts as housing prices continue to fall and sales stagnate. These baby boomers and many retirees are choosing to remain in their homes and stick it out rather than selling for a lesser […]