‘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...
Social Security, Medicare solvency improves slightly, but ‘significant financing issues’...
By
Lois A. Bowers
May 07, 2024
The Treasury Department — with the departments of Health and Human Services and Labor, the Centers for Medicare & Medicaid Services and the Social Security Administration — released the annual Social...
14 states will share ways to expand direct care workforce
By
Lois A. Bowers
May 07, 2024
Fourteen states have been selected to participate in a program through which they can share information about proven models for expanding the direct care workforce.
A final rule issued Tuesday by the Federal Trade Commission will prohibit employers across the country from using noncompete agreements in most instances.
Legislation aims to increase scrutiny of private equity healthcare acquisitions
By
Lois A. Bowers
Feb 27, 2024
Legislation introduced by California Attorney General Rob Bonta and Assembly Speaker pro Tempore Jim Wood (D-Healdsburg) in the Golden State would give the attorney general oversight of private equity...
False Claims Act settlements, judgments top $2.68 billion, set record for number
By
Lois A. Bowers
Feb 26, 2024
False Claims Act settlements and judgments exceeded $2.68 billion in the fiscal year that ended Sept. 30, with more than $1.8 billion of the total related to matters involving healthcare fraud, including...
Business briefs, Sept. 5
Sep 05, 2023
Data breach affects more than 200,000 Indiana Medicaid beneficiaries … Skilled nursing providers find few silver linings, stew over minimum staffing demands … Elison Willowbrook in Houston unveils...
Nursing home occupancy reaches 2023 high of 81.2 percent
By
Lois A. Bowers
Sep 01, 2023
SNF occupancy in June was 81.2%, the highest it has been all year, according to the latest Skilled Nursing Monthly Report.