Public policy must address flaws in long-term care financing, experts say
By
Kathleen Steele Gaivin
Jan 11, 2024
Public policy needs to address flaws in Medicaid funding and encourage private planning for long-term care, according to experts speaking Tuesday during a panel discussion hosted by the Paragon Health...
Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
Home health is fastest-growing component of national health spending
By
Kathleen Steele Gaivin
Jan 08, 2024
Year-over-year growth in the home health space was 13.5% in October, making it the fastest-growing component of national health spending, according to Altarum’s monthly Health Sector Economic Indicators...
Business briefs, Jan. 5
By
Kathleen Steele Gaivin
Jan 05, 2024
Data breach settlement could affect 21K, cost operator $1M … Accelerated pace of change in long-term care will continue … Census Bureau to add 47,000 Illinoisans in long-term care in future population...
Cap rates increase by 74 basis points across all segments of senior living and care
By
Kathleen Steele Gaivin
Jan 03, 2024
The average senior housing and care capitalization rate across all segments increased by 74 basis points between April and October, according to results of the 13th edition of CBRE’s US Senior Housing...
Raise the Wage Act would boost federal spending by $27 billion, CBO says
By
Kathleen Steele Gaivin
Jan 03, 2024
The Raise the Wage Act of 2023, by increasing the federal minimum wage above $7.25 an hour for the first time in more than a decade, would boost spending for major federal healthcare programs by about...
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...
Business briefs, Dec. 14
By
Kathleen Steele Gaivin
Dec 14, 2023
Senior living occupancy on brink of 10 quarters of positive growth … Plenty of space and still a ‘tight squeeze’ for new construction in skilled nursing … Fitch Ratings downgrades Morningside...
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...
Federal government boosts support of HCBS, releases worker registry guidance
By
Kathleen Steele Gaivin
Dec 13, 2023
When the American Rescue Plan Act was passed in 2021, home- and community-based services were estimated to receive $12 billion. Now, $37 billion is now being used for HCBS across the country in all 50...