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 Read More »
Federal Watchdog Criticizes Gaps in Assisted Living Regulations
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 Read More »
Brookdale Takes Employee Focus as Competition Heats Up
Brookdale Senior Living (NYSE: BKD) is still feeling the heat from new competition—but its outlook isn’t all bad. The Brentwood, Tennessee-based senior living provider held its second-quarter 2017 earnings call the day after a report surfaced that its potential acquisition by Beijing-based real estate and Read More »
Washington Watch: EB-5 In Peril, Assisted Living Industry Breathes Easier
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 Read More »
Monday Jump-Start: Brookdale Sale Talks Ongoing
Happy Monday! It’s a busy time in the senior housing industry as public companies begin to share their latest financial results. It’s also a busy time in “funny hat” news, due in part to one half of an athletic elderly couple. Here’s what you may Read More »
Ensign CEO: Skilled Nursing Operations Back On Track, CMS Proposal ‘Positive’
What a difference a weekend makes. On Friday, The Ensign Group (Nasdaq: ENSG) shares were down 6.12% at market close, after a new skilled nursing facility (SNF) payment system was floated by the Centers for Medicare & Medicaid Services (CMS). On Monday, shares were up Read More »
Skilled Nursing, REIT Stocks Tumble After New Payment Model Floated
Already embattled, publicly traded skilled nursing providers and real estate investment trusts (REITs) had an especially tough day on Friday. Shares were down across the sector on the heels of the Centers for Medicare & Medicaid Services (CMS) revealing details of a possible overhaul to Read More »
Home Health Medicare Rules Get Major Update
Senior living providers with home health care branches are about to see major changes to how these service lines qualify to participate in Medicare and Medicaid. The Centers for Medicare & Medicaid Services (CMS) has issued its final rule outlining the Medicare and Medicaid Conditions Read More »
New ACO Model Targets High-Cost Senior Care Population
Some of the sickest—and most costly—residents in senior care settings are the focus of a new type of accountable care organization (ACO). A new ACO is in the works for dual-eligible Medicaid-Medicare beneficiaries, the Centers for Medicare & Medicaid Services (CMS) announced Thursday. These beneficiaries—who Read More »
Top States for High Quality Nursing Homes
The majority of high-quality nursing homes can be found in California, Ohio, and Florida, while the greatest percentages of the best nursing homes are located in Washington, D.C., Colorado, and Delaware, according to rankings from U.S. News & World Report. More than 2,000 nursing homes Read More »
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