States renew request for U.S. Supreme Court to block healthcare worker vaccine mandate
By
Kathleen Steele Gaivin
May 17, 2022
Attorneys general from nine states on Thursday renewed their request for the U.S. Supreme Court to review the legality of the Biden administration’s vaccine mandate for healthcare workers, which they...
Genesis and Ensign Group see shares drop amidst House COVID-19 nursing home investigation
By
Amy Novotney
Jun 22, 2020
Last week, a House of Representatives committee launched an investigation into how five large nursing home companies have handled COVID-19. Among the nursing homes under investigation are publicly traded...
SNF penalty change takes ‘precious resources’ from resident care, association says
By
Kathleen Steele Gaivin
Jul 30, 2021
Nursing homes could see greater penalties for safety violations now that a Trump administration policy limiting such penalties has been reversed, and one industry association says resident care could suffer...
More objections filed against Illinois CCRC bondholders bankruptcy plan
By
Amy Novotney
Jun 22, 2020
Additional objections have been filed against a Chapter 11 reorganization plan proposed by the majority bondholders for Barlett, IL-based continuing care retirement community Clare Oaks Senior Living.
Competition drives Medicare Advantage plans to expand nonmonetary benefits, which can save LTC providers...
By
Kathleen Steele Gaivin
Jan 21, 2022
The number of Medicare Advantage insurers has doubled over the past year, leading to expanded coverage beyond medical needs, according to a report released Wednesday from ATI Advisory. The nonmonetary...
Business briefs, April 1
By
Kathleen Steele Gaivin
Apr 01, 2024
Higher interest rates mean less access to capital for senior living: NIC … CMS proposes 4.1% nursing homes pay boost … Assisted living rates up 0.6 to 3.8% … American Society on Aging, Next50 launch...
Staff COVID-19 vaccinations have risen 25 percentage points under CMS mandate
By
Kathleen Steele Gaivin
May 18, 2022
COVID-19 vaccination rates among nursing home staff jumped 25 percentage points nationally thanks in no small part to a CMS mandate imposed earlier this year.
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...
Federal vaccine mandate challenges mounted by states; court issues temporary stay
By
Kathleen Steele Gaivin
Nov 08, 2021
Before even two days had passed after the Department of Labor’s Occupational Safety and Health Administration issued COVID-19 vaccination requirements Thursday, a federal appeals court temporarily blocked...
Business briefs, Aug. 1
By
Kathleen Steele Gaivin
Aug 01, 2024
CMS increase abilities to fine nursing homes, hikes Medicare pay by 4.2% … CMS gives hospices payment bump of 2.9% for FY 2025 … USCIS to conduct second random selection for H-1B cap registrations...