Provider groups praise bill streamlining Medicare Advantage prior authorization process … Consumer, industry advocates make recommendations for states to help combat rise in elder real estate fraud,...
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
US healthcare spending for NFs and CCRCs to reach $337.4 billion by 2032, CMS says
By
Lois A. Bowers
Jun 13, 2024
National health expenditures for nursing facilities and continuing care retirement communities are expected to reach $337.4 billion by 2032, according to new estimates released Wednesday by the Office...
Medicare among top voting issues for Gen Xers, millennials, report finds
By
Kathleen Steele Gaivin
Jun 10, 2024
Will Medicare still be solvent for Gen Xers (born between 1965 and 1980) and millennials (born between 1981 and 1996)? That’s a big question for many in these generations, according to a report from...
SNFs face ‘increased and increasingly hostile’ government scrutiny, attorneys say
By
Kathleen Steele Gaivin
Jun 06, 2024
The increased scrutiny facing nursing home providers since the COVID-19 pandemic includes “overall increased and increasingly sort of hostile approach by surveyors in the quality-of-care area,” according...
Care management improves ROI for dementia-related care costs: study
By
Kathleen Steele Gaivin
May 28, 2024
Care management significantly improved healthcare costs, utilization and overall return on investment for Medicare managed-care people living with dementia who were enrolled in one dementia care management...
Healthcare cost growth rate down year over year, except for skilled nursing
By
Kathleen Steele Gaivin
May 23, 2024
Healthcare cost rates grew by 2.8% year over year in April, down from the growth rate of 3.1% seen the previous month.
Hospice fraudster sentenced to 20 years in prison, ordered to pay $42 million penalty
By
Adam Healy
May 21, 2024
The US Attorney’s Office for the Eastern District of Louisiana sentenced a hospice owner to 240 months in prison and $42 million in penalties for charges related to Medicare fraud.
After $423M IPO, PACS Group looks to grow
By
Kathleen Steele Gaivin
May 15, 2024
Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
American Healthcare REIT now owns 76 percent of Trilogy Health Services
By
Kathleen Steele Gaivin
May 15, 2024
American Healthcare REIT owns 76% of Trilogy Health Services as of April 15, AHR reported Tuesday during an earnings call.