Biden’s infrastructure plan includes prioritized funding for affordable housing, long-term care
By
Amy Novotney
Apr 01, 2021
President Biden unveiled a $2 trillion, eight-year infrastructure plan on Wednesday with a nod to the needs of older adults and the long-term care industry. The first phase of the president’s American...
Number of operators investing in video conferencing capabilities for residents has quadrupled since 2018:...
By
Amy Novotney
Feb 10, 2021
Three-fourths of senior living and care providers invested in video conferencing capabilities for residents last year, quadrupling the number of providers who did so just two years earlier, according to...
CMS finalizes 9% cut to physical and occupational therapy pay for SNF patients
By
James M. Berklan
Dec 03, 2020
The Centers for Medicare & Medicaid Services formally announced Tuesday afternoon that it has finalized its calendar 2021 physician pay rule, which cuts physical and occupational therapy payments for nursing...
Bipartisan lawmakers propose new $908B COVID-19 relief bill that includes liability protections, support...
By
Amy Novotney
Dec 02, 2020
A group of bipartisan House and Senate lawmakers on Tuesday introduced a $908 billion COVID-19 relief proposal that includes liability protections, support for small businesses and at least some federal...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
COVID-19 prompts closer look at healthcare in senior living, speakers say
By
Kimberly Bonvissuto
Sep 21, 2020
The fear that COVID-19 has created about congregate living “is very real,” and the senior living industry must take steps to allay it, according to Nexus Insights founder and President Bob Kramer.
Technology-enabled services and care are fueling innovation in senior living, speakers say
By
Kimberly Bonvissuto
Sep 18, 2020
Investments in technology and technology-enabled care are fueling innovation in the senior living and care industry, although more investment is needed, according to industry experts.
Business briefs for Wednesday, July 8
Jul 08, 2020
CMS getting concerned about mounting telehealth charges … Pandemic has wiped out more than 3 million small businesses … Reduced patient volume likely to curb hospital transfers
Covia, Ziegler Link•age Funds to invest, test Dr. Bill Thomas’ Minka as potential middle-market senior...
By
Lois A. Bowers
Jul 06, 2020
A new partnership between nonprofit aging services organization Covia Group and Ziegler Link•age Funds will invest in Minka Homes & Communities, co-founded by Dr. Bill Thomas, to test the model as a...
Employers could see healthcare costs rise 10% next year: PwC
By
Amy Novotney
Jun 30, 2020
Employers are likely to face an increase in medical costs of between 4% and 10% for their employees in 2021, according to a new report from PricewaterhouseCoopers.