Nursing home infrastructure in need of innovation, experts say
By
Kathleen Steele Gaivin
Dec 09, 2022
Long-term care, and skilled nursing in particular, needs updating to meet the needs of today’s and tomorrow’s older population, experts said Thursday at the Milken Institute’s 2022 Future of Health...
Economy showing ‘nascent signs of softening,’ expert says, but mild recession may be on horizon
By
Kathleen Steele Gaivin
Dec 08, 2022
The consumer price index increased 7.7% from October 2021 to October 2022, marking the smallest 12-month advance since January.
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
Skilled nursing occupancy declines after two months of increases
By
Kathleen Steele Gaivin
Dec 05, 2022
After two months of increases, skilled nursing occupancy declined 40 basis points to 78.4% from August to September, according to the latest Skilled Nursing Monthly Report released by the National Investment...
$90 million in DOL grants will support pre-apprenticeship training in healthcare, other fields
By
Kathleen Steele Gaivin
Dec 01, 2022
The Department of Labor announced Wednesday $90 million in grants to support pre-apprenticeship training in healthcare and other high-demand industries.
Corporate, conservative clash intensifies on Capitol Hill
By
Kathleen Steele Gaivin
Nov 29, 2022
Conventional wisdom holds that Republicans are more business-friendly than Democrats, but that general accepted belief may no longer be the case. The business lobby once was considered a “reliable Republican...
Labor Department claims new rule will make retirement funds more resilient
By
Kathleen Steele Gaivin
Nov 28, 2022
The Department of Labor announced Tuesday a final rule that lifts barriers to considering environmental, social, and governance factors when selecting 401(k) plans. The rule allows fiduciaries to consider...
Insurance companies pocketing millions in overpayments through their Medicare Advantage subsidiaries,...
By
Kathleen Steele Gaivin
Nov 22, 2022
The Centers for Medicare & Medicaid Services released the results of 90 audits of Medicare Advantage plans. The federal audits discovered $12 million in net overpayments for the care of 18,090 patients...
This senior living community has celebrity chef, restaurant open to public
By
Kathleen Steele Gaivin
Nov 17, 2022
When The Hacienda at Georgetown opens near Austin, TX, in early 2023, the amenities on the 13-acre campus will include fine-dining meals prepared by celebrity chef Stephan Pyles.
Physician groups ‘concerned’ about bill to expand nonphysicians’ scope of practice in SNFs
By
Kathleen Steele Gaivin
Nov 15, 2022
Seventy-six medical associations have expressed their opposition to pending legislation that would expand nonphysician practitioners’ scope of practice, including in nursing homes.