For the first time since 1975, more than 57 million Americans will not automatically get a Cost-of-Living Adjustment (COLA) for monthly Social Security and Supplemental Security Income benefits for increase for 2010. The Social Security Act provides that Social Security and Supplemental Security Income benefits increase automatically each year if there is an increase in […]
Category: Medicare & Medicaid
Sun Healthcare Group, Inc. (NASDAQ: SUNH) announced that its subsidiary, SolAmor Hospice Corporation, has completed the acquisition of Allegiance Hospice Group, Inc. Allegiance is a privately-held, Medicare-certified hospice company headquartered in Lowell, Mass. that provides services to approximately 300 hospice patients in Maine, Massachusetts and New Hampshire. The transaction extends SolAmor Hospice’s footprint eight states […]
Last week Senators Herb Kohl (D-WI) and Chuck Grassley (R-IA) released a report by the U.S. Government Accountability Office (GAO) on the Special Focus Facility (SFF) Program, which monitors nursing homes that earn the worst quality ratings. The study recommends that the SFF program, administered by the Centers for Medicare and Medicaid Services (CMS), be […]
The New York Times ran an article entitled “Helping Elderly Leave Nursing Homes for a Home” that provided a positive review of the Money Follows the Person (MFP) concept. The concept is a federal initiative to help states reduce their reliance on institutional care for people needing long-term care, and expand options for elderly people […]
As part of last week’s address to the nation on healthcare reform, President Obama identified that the costs of fraud associated with healthcare are a huge contributing factor to the rising cost of care. Prior to the address and over the last few weeks, law enforcement officials that include the FBI, HUD and the SEC, […]
Last month, the 2009 AAHSA Ziegler 100 was released providing a snapshot of the 100 largest Not-For-Profit Senior Living organizations. The report presents a variety of data metrics that show the size of the of the not-for-profit segment of the senior living sector and outlines characteristics of growing systems and overall trends of system growth. […]
With Congress back in session this week, federal lawmakers are getting back to work on health care reform and examining how to finance the changes. In a recent survey by the Mellman Group, the study finds that Americans, by significant margins, strongly oppose cutting Medicare-funded nursing home care over other funding options. Underscoring the unpopularity […]
Home-care agencies are one of the fastest growing segments in an otherwise miserable economic environment and some Senators are voicing concerns of whether home-care workers should be entitled to overtime and minimum-wage protection. In a letter to U.S. Department of Labor (DOL) Secretary Hilda Solis, a group of 15 senators led by Senator Tom Harkin […]
Abingdon Health Care Center announced that it plans to file an application for a Certificate of Public Need with the Virginia Department of Health to build a 180-bed skilled nursing and rehabilitation center. The center will be developed and operated by CareVirginia and Affiliates which is a part of the CareOne family of Senior Care […]
As the world of finance continues to sputter, another area that is experiencing the “hurry up and wait” feeling is funding for not-for-profit projects. A reader sent a story/link to the Center For Civil Society Studies at the Johns Hopkins Institute for Policy Studies that examines stalled projects from non-profits that contribute infrastructure services to […]
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