Health care spending in the U.S. grew by 4.1% in 2022 and reached $4.5 trillion, with continuing care retirement communities (CCRCs) and nursing homes reporting slightly lower health expenditures over the same time period, according to a study published Wednesday by Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS). In […]
Centers for Medicare & Medicaid Services
Between 2018 and last year, use of cognitive assessment and care plan services tripled , but few Medicare beneficiaries who qualify received the service, according to a recent study by the Government Accountability Office (GAO). The GAO study found that, at most, 2.4% of Medicare beneficiaries with a diagnosis of Alzheimer’s disease or a related […]
The Centers for Medicare & Medicaid Services (CMS) announced Tuesday that it is now requiring nursing homes to report on the status of Covid-19 vaccinations for residents and staff. And, the agency said it’s seeking comment on whether to do the same for providers of assisted living. The interim final rule requires long-term care facilities […]
The total amount of money Americans will spend on health care at continuing care retirement communities (CCRCs) and skilled nursing facilities is projected to increase at a steady pace over the next decade, according to a new report from the Office of the Actuary at the Centers for Medicare & Medicaid Services (CMS). In 2013, Americans […]
There are major gaps in the regulation of assisted living communities nationwide, and steps should be taken at the federal level to ensure they’re swiftly and properly addressed, according to a recently published report from the U.S. Government Accountability Office (GAO). The report, titled “Improved Federal Oversight of Beneficiary Health and Welfare is Needed,” came […]
In one fell swoop, the Centers for Medicare & Medicaid Services (CMS) has squashed the controversial use of pre-dispute arbitration agreements in long-term care. The move was announced Wednesday, when CMS issued a new final rule governing the nation’s long-term care facilities. The new rule, which marks the first comprehensive update CMS has made regarding […]
Alongside its $170 million acquisition by HealthSouth Corporation (NYSE: HLS), CareSouth Health System has announced its plan to retain its Health at Home partnership and rename its Senior Living Services division to further focus on such communities. As part of the acquisition, national home health, post-acute and senior living services provider CareSouth’s home health, hospice, private duty […]
In case you missed it, here are the top headlines grabbing readers’ attention this week, plus some other notable stories from around the web that caught our eye here at SHN: Most Read on SHN ABHOW, be.group Merger to Create $1.5 Billion Senior Living Nonprofit — California-based nonprofit senior living providers American Baptist Homes of the West […]
The Pioneer Accountable Care Organization (ACO) Model generated over $384 million in savings to Medicare over its first two years, giving cause to expansion of the patient care model to a larger population of Medicare beneficiaries. The savings to Medicare, an average of approximately $300 per participating beneficiary per year, were released by the Department of Health […]
Skilled nursing facilities stand to see Medicare reimbursements increase by 1.4% in fiscal year 2016, under the proposed payment rate announced today by the Centers for Medicare & Medicaid Services. That would be an overall $500 million increase from fiscal year 2015, CMS noted. The 1.4% figure comes from a market basket increase of 2.6%, […]
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