A flurry of news has come out of the nation’s capital this week with implications—some positive, some less so—for the senior housing industry. Specifically, a U.S. Senator pushed to kill the EB-5 visa program, which is utilized by some senior housing developers. Also, the Centers for Medicare & Medicaid Services (CMS) pushed back the compliance […]
AHCA
Medicare-certified long-term care providers can continue to use arbitration agreements for the moment, thanks to a federal court ruling. Residents who sign arbitration agreements when they are admitted to skilled nursing facilities (SNFs) waive their right to use the court system in the event a dispute arises, and instead go through private arbitration. Consumer advocacy […]
Skilled nursing providers concerned over the federal government’s ban on arbitration agreements now have at least one reason for hope. A newly filed lawsuit seeks to overturn the ban and asks a judge to delay enforcement pending the outcome of the case. The Centers for Medicare & Medicaid Services (CMS) overstepped its authority in banning […]
I was happy to hop on a plane for Palm Springs recently. I left behind a gray day in Chicago and landed in the oasis of blue skies, hazy peaks and shimmering water. Yet, the vibe there was not exactly serene; I would describe it as an atmosphere of excited anticipation. There might have been an obvious […]
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 […]
Several parties want the federal government to ban pre-dispute arbitration agreements in nursing home contracts, sparking pushback among those in the senior living industry who regard the documents as essential. The Centers for Medicare & Medicaid Services (CMS) is currently considering regulations on how arbitration agreements are presented to nursing home residents upon admission, but […]
Riderwood Appoints Jeff Kimbell as Director of Dining Services Silver Spring, Maryland-based Riderwood, a continuing care retirement community (CCRC) managed by Erickson Living, has appointed Jeff Kimbell as director of dining services. Kimbell brings more than 25 years of experience in the hospitality industry to this leadership position, 14 of which are with Erickson Living. He […]
Liability costs for long-term care providers are expected to increase by 5%, with an estimated national loss rate at $2,030 per occupied bed in 2015, a new study shows. But some will feel the heat more than others. The analysis, released Thursday by the American Health Care Association (AHCA) and Aon Global Risk Consulting, provides estimates of […]
Despite an overall profit margin of less than 2% in 2012, an advisory committee is doubling down on recommendations for Congress to cut Medicare reimbursements to the nursing home industry in the coming years. The total margin for the nursing home industry was 1.8% last year, according to the Medicare Payment Advisory Commission (MedPAC), not […]
Home- and community-based senior living options are a focal point of the Long-Term Care Commission’s final report to Congress. Not included in the report: a comprehensive solution for how a rapidly aging population will pay for assisted living, home care, and other types of care that are generally privately funded. Consumer choice and returning seniors to […]
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