Aging Adults Fear Nursing Homes But Don’t Discuss Alternatives

The next generation of seniors is looking for any alternative to nursing homes—and many even say they’d prefer dying than living in one. But their finances and lack of planning may hamper their ability to take advantage of other options. Specifically, soon-to-be retirees say they’d rather die than live in a nursing home and cite […]

Elmcroft Sheds SNF Division to Focus on Senior Housing

Louisville, Kentucky-based Signature HealthCare LLC has acquired the skilled nursing assets of Elmcroft Senior Living, effectively adding 18 skilled nursing and rehabilitation centers to Signature’s holdings, Louisville Business First reported. Financial terms of the transaction were not disclosed. “This strategically works better for us,” Elmcroft CEO Pat Mulloy tells Senior Housing News. “The largest portion of […]

How Congress Could Upend Senior Care Financing

Amid recent reports of patient harm and a lack of oversight within nursing homes, a new law could start holding nursing homes more accountable for low quality ratings. The Nursing Home Accountability Act, sponsored by U.S. Rep. Mark Walker (R-NC), aims to cut nursing homes with the lowest scorers from Department of Housing and Urban […]

CCRC, Nursing Care Spending to Hit $275 Billion In Next Decade

Spending on continuing care retirement communities and nursing facilities is projected to accelerate in the next decade, hitting nearly $275 billion by 2024, according to data released this week. That amount represents consumers’ out-of-pocket spending as well as expenditures from private health insurance, Medicare, Medicaid, other insurance programs and other third-party payers. It was calculated […]

Top 5 Highest Paying Nursing Home Jobs in 2015

Salaries for employees at nursing homes have increased in the last year, recent salary and wage data show. The top five highest paid positions within the industry increased more than 2% on average this year, according to the 2015-2016 Nursing Home Salary & Benefits report, published by Hospital & Healthcare Compensation Service (HHCS). HHCS is […]

Massive New Regulation Aims to Modernize Skilled Nursing

Big changes have swept the whole senior care industry since 1991, with leading providers innovating in nearly every aspect of operations. But one thing that has remained constant in the last 24 years now appears set to change: The requirements that skilled nursing facilities must meet to participate in Medicare and Medicaid. The Centers for […]

Mainstreet Plans Big for $5 Billion in Post-Acute Development

The nation’s largest developer of post-acute, transitional care facilities is set to solidify and strengthen its position with a five-year $5 billion development pipeline and a strategy that could lead to another massive deal like last year’s HealthLease sale. Indiana-based Mainstreet has an “identified pipeline” to develop $1 billion in properties each year over the […]

Inside the Senior Living Search Misnomer

Only 12% of baby boomers are actively searching for senior living options online — either for themselves or for aging parents or loved ones. But for those who are seeking information, they may not be looking in the right places, according to Google data and survey responses. “When it comes to actually beginning the search […]

Must Reads: Worst States for Nursing Homes, the CCRC ‘Death Valley’ Problem

Top news organizations around the country recently ran these must-read stories related to senior housing. You Don’t Want to Be Old in These States—Texas, Louisiana and Oklahoma are among the states where nursing home quality lags the most, according to a recent analysis of government ratings. Nursing home stakeholders point to chronic underfunding by Medicaid […]