However, the introduction of new insulin products after 2015 was followed by substantial discounting practices that lowered net prices.
Medicare spending expected to top $1 trillion this year, CMS says
By
Kathleen Steele Gaivin
Jun 15, 2023
says
Medicare expenditures are expected to exceed $1 trillion despite the end of the COVID-19 public health emergency this year, the associated expirations of the skilled nursing facility three-day stay...
Lawmaker introduces legislation to crack down on Medicare fraud
By
Kathleen Steele Gaivin
Mar 29, 2023
Rep. Lloyd Doggett (D-TX), ranking member of the House Ways and Means Health Subcommittee, has introduced two pieces of legislation to prevent Medicare fraud.
Medicare Advantage needs to ‘wake up’ to value of senior living, experts say
By
Kimberly Bonvissuto
Mar 20, 2023
A new report from LeadingAge looks at the challenges and potential solutions to address the failures of Medicare Advantage. Senior living advocates are looking at it as a learning experience and opportunity...
Biden’s $6.8 trillion budget aims to bolster programs for older adults
By
Kathleen Steele Gaivin
Mar 10, 2023
President Biden’s proposed $6.8 trillion budget for 2024, if passed as written, would extend the solvency of the Medicare Trust Fund by at least 25 years “without cutting any benefits or raising costs...
Key to providing healthcare in senior living? ‘Just get started’
By
Kimberly Bonvissuto
Mar 06, 2023
Thinking about tapping into Medicare payment models to deliver healthcare to senior living residents? One expert has some rather stark advice.
A real reason to be upset
By
John O'Connor
Feb 09, 2023
Instead of screaming at each other and pointing fingers, perhaps lawmakers should do something that actually will help the senior voting block they covet: start making long-term care better.
More news for Thursday, Feb. 2
By
Kimberly Bonvissuto
Feb 02, 2023
Man with ties to senior living industry now in US custody over Haitian president assassination plot … Program aims to expand, diversify aging studies research workforce … Parkinsons’ Foundation expands...
Business briefs, Dec. 20
By
Kathleen Steele Gaivin
Dec 20, 2022
Ransomware attacks lead CMS to issue new IDs to 254K Medicare beneficiaries … CareTrust REIT announces extension, renewal of unsecured revolver … Broadmark Realty Capital declares monthly cash dividend...
Medicare monthly premiums to drop for seniors
Sep 28, 2022
The fee cuts come at the same time as seniors receive a Social Security cost-of-living increase for 2023 of up to 9 or 10%.