The Consumer Financial Protection Bureau (CFPB), known for its regulation of products like credit cards, mortgages and student loans, is now making a foray into protection of seniors who reside in assisted living communities and nursing homes. The agency has released a new guide to help assisted living and nursing facility staff better protect clients […]
Category: Nursing Homes
A new senior living investment group is looking to capitalize on the nuances and fragmentation in the senior living industry, particularly middle-market operators following its launch this week. Chicago-based Birchwood Health Care Properties plans to further its presence in the health care real estate industry with acquisitions that focus primarily on senior housing and nursing […]
Skilled nursing facilities will see a 2% increase in reimbursements in fiscal year 2015 thanks to a proposed rule from the Centers for Medicare and Medicaid Services. CMS on Thursday issued a proposed rule outlining fiscal year 2015 Medicare payment rates for skilled nursing facilities. Aggregate payments to skilled nursing facilities in 2015 will increase by […]
The Centers for Medicare & Medicaid Services (CMS) is ramping up a program that focuses on nursing homes with serious quality issues after a sequester-induced reduction, the Department of Health & Human Services announced in a recent memo. Effective in April, CMS adjusted the number of designated slots and facility candidates so states can resume selecting […]
The Centers for Medicare & Medicaid Services (CMS) will scrutinize dementia care provided in nursing homes and Minimum Data Set coding practices under a new pilot program it is rolling out. Federal oversight from CMS will arrive in the form of two surveys beginning in mid-2014 that will document dementia care practices in nursing homes […]
With increasing regulatory pressures and focus on quality care metrics, more than 100 skilled nursing facilities (SNFs) have turned to a new model of care to help them adapt their operations. Now with several years of history under way, providers are starting to say with confidence that the “Green House” model also nets savings in […]
Mainstreet is taking a crowdsourcing approach to the financing of senior care development. As a means to finance its ongoing growth efforts, short-term rehabilitation and boutique nursing home developer Mainstreet is rolling out a direct investment initiative that connects crowdfunding with its latest project, a Bloomington, Indiana short-stay transitional care and assisted living facility. By […]
A New York nursing home took resident activities to a whole new level when it hired a male stripper to put on a show, and now it’s getting sued for its entertainment efforts. “The elderly residents of a Long Island nursing home saw their shuffleboards replaced by washboard abs when they were subjected to a […]
Some Wisconsin senior living communities are outfitting residents with headphones and an iPod as part of an innovative approach to dementia care, reports the La Crosse Tribune. Hillview Health Care Center in La Crosse, Wisc., is certified to participate in a Wisconsin Department of Health Services program geared toward helping senior living community residents with […]
Financial pressures and burdens stemming from multiple pending class action lawsuits have forced 19 affiliated senior care entities in California to each file for Chapter 11 bankruptcy protection. Country Villa Service Corp. manages 19 entities that provide assisted living, skilled nursing, rehabilitation, and other health-care related services. Despite each entity filing separately, they essentially operate […]
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