Medicare Advantage plan denials for prior authorization set record at 3.4 million
By
Kathleen Steele Gaivin
Aug 12, 2024
Medicare Advantage plans denied a record number of requests for prior authorization in 2022, according to a KFF analysis of federal data published Thursday.
Joint venture brings new I-SNP to PA nursing home residents
By
Kathleen Steele Gaivin
Aug 08, 2024
A new joint venture has created American Health Advantage of Pennsylvania, an institutional special needs plan, or I-SNP, to serve Medicare and Medicaid beneficiaries who live in nursing homes in 12 counties...
Employer educational assistance programs can help long-term care workers pay off student loans
By
John Roszkowski
Sep 03, 2024
Employer-based educational programs still can be used to help pay off worker students’ loans through the end of next year, potentially enabling long-term care employers to provide relief to their workers...
Sabra portfolio gaining momentum heading into second half of year, CEO says
By
Kathleen Steele Gaivin
Aug 09, 2024
Sabra Health Care REITs’s portfolio, particularly in the skilled nursing segment, “has continued to gain momentum as the year has progressed,” CEO and Chair Rick Matros said in prepared remarks released...
Business briefs, Aug. 7
By
Kathleen Steele Gaivin
Aug 07, 2024
Increasing accountability, improving regulation standards focus of Delaware bill package … DOJ will offer rewards to whistleblowers exposing healthcare fraud … Minnesota awards millions in second...
National Healthcare Corp., Brookdale report second-quarter results
By
Kathleen Steele Gaivin
Aug 12, 2024
Brookdale Senior Living held a second-quarter earnings call Friday morning, and National Healthcare Corp. reported second-quarter financials electronically.
Economic worries are top stressor for 15 percent of older adults: survey
By
Lois A. Bowers
Aug 28, 2024
Fifteen percent of older adults participating in a new survey ranked economic insecurity as the top driver of their stress or anxiety over the past 12 months, and 31% listed it among their top three stressors.
Business briefs, Aug. 2
By
Kathleen Steele Gaivin
Aug 02, 2024
Committee advances Older Americans Act reauthorization to full Senate … New SNF payment rule met with ‘disgust,’ complaints of ‘overreach’ … Unannounced visits to SNFs reveal ‘unacceptable’...
Business briefs, July 31
By
Kathleen Steele Gaivin
Jul 31, 2024
PA law limits use of noncompetes for healthcare practitioners, effective Jan. 1 … ClearWellness, University of North Texas collaborate on study of wellness benefits in independent living communities...
Workforce participation expected to continue to decline, report finds
By
John Roszkowski
Aug 27, 2024
In another troubling sign for the ongoing staffing shortages facing the long-term care industry, a new report finds that US workforce participation among the prime working age population is continuing...