National health spending reached $45 trillion in 2022, or $13,493 per person, according to an analysis from the Office of the Actuary at the Centers for Medicare & Medicaid Services published Wednesday...
Long-term care deal volume down as 2024 approaches
By
Kathleen Steele Gaivin
Dec 13, 2023
As long-term care operators prepare for 2024, the volume of senior housing and care deals is down, Paul Branin, vice president of business development at management and consulting firm Health Dimensions...
New insurance rider aims to be solution for LTSS funding
By
Kathleen Steele Gaivin
Nov 30, 2023
Transamerica Corp. has introduced a flexible long-term care insurance rider, the Cedar Rapids, IA-based holding company announced Monday. The rider is meant to provide an extra layer of savings when the...
AI-shortened nursing home stays fuel drive for potential class action suit against insurer
By
Kimberly Marselas
Nov 17, 2023
The nation’s largest insurer is illegally using AI to wrongfully force seniors from nursing homes, a potential class action lawsuit alleges.
Skilled nursing occupancy tops 82 percent for first time since April 2020
By
Kathleen Steele Gaivin
Nov 07, 2023
Skilled nursing occupancy is up 142 basis points year over year as of the end of August. Occupancy reached 82.3% in August, topping 82% for the first time since April 2020, according to the latest Skilled...
Rise in nursing home costs ‘drastically’ affects middle class: analysis
By
Kathleen Steele Gaivin
Oct 25, 2023
Increasing nursing home costs “drastically affect” members of the middle class, who may not qualify for Medicaid but can’t afford the specialized geriatric services that Medicare won’t pay...
Unionization may decrease staffing turnover in nursing homes: study
By
Kathleen Steele Gaivin
Oct 16, 2023
As nursing homes prepare for the Centers for Medicare & Medicaid Services’ proposed staffing mandate for nursing homes — 0.55 hours per resident day for registered nurses and 2.45 hours per resident...
Skilled nursing occupancy holds steady as providers face expense pressures: NIC
By
Kathleen Steele Gaivin
Oct 02, 2023
Occupancy among skilled nursing facilities held steady in July overall, after increasing in June, according to the latest Skilled Nursing Monthly Report, released Thursday by NIC MAP Vision.