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 […]
Category: Medicare & Medicaid
HRPT Properties Trust (NYSE: HRP) recently announced that it has entered into a series of agreements to sell 48 medical office, clinic and biotech laboratory buildings (2.2 million sq. ft.) for $565 million. The purchaser of these properties is Senior Housing Properties Trust (NYSE: SNH). SNH will pay an aggregate of approximately $554 million in […]
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 […]
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 […]
As home health care agencies face increased wage costs and an extremely competitive job market for health care workers, the burden of meeting Medicare shortfalls is being passed along to local and state governments to fill the gap. Adding to the mix are increasing medical insurance costs and higher gas prices, these problems seem to […]
There is a looming epidemic on the horizon: an estimated 2.9 million people with intellectual or developmental disabilities or some significant functional limitation live with caregivers who are 55 or older. As these caregivers age, what happens to those who need care? More importantly what happens to those who gave care now need it themselves? […]
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 […]
Last week the federal government released information on some of the most troubled nursing homes and this initiative could pave the way for further information to be provided to the public domain if Congress passes a bill that was introduced earlier this year. While many private operators publish data on quality of care, their offerings […]
Legislation was recently introduced into the Senate that end the ability for nursing home residents to waive their right to trials. Prior to admitting new patients, many nursing homes are having their clients sign arbitration agreements rather than allowing them to take their disputes to a court of law. The Fairness in Nursing Home Arbitration […]
America’s elderly want to stay at home as long as they can, sometime to the detriment of their health and safety. Seniors often postpone the decision to move into senior housing until after an event occurs that precipitates the change, sometimes an accident or a serious health problem push them over the edge to make […]
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