Sonida Senior Living buys 9 communities, assumes management of 2 others
By
Kathleen Steele Gaivin
Jul 03, 2024
Sonida Senior Living has added nine senior living communities to its portfolio so far this year, all since May, the company announced Tuesday.
Long-term care providers among 193 criminally charged, $2.75 billion in fraud recoveries so far in 2024
By
Kathleen Steele Gaivin
Jul 01, 2024
The Justice Department has recovered more than $2.75 billion in false claims against healthcare providers and charged 193 defendants so far this year in criminal cases through its 2024 National Health...
Spending on nursing homes, home care slows year over year
By
Kathleen Steele Gaivin
Jun 27, 2024
Between May 2023 and May 2024, overall healthcare costs grew by 3.4%, the fastest increase seen since December 2007, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
Business briefs, June 25
By
Kathleen Steele Gaivin
Jun 25, 2024
Social Security updates occupations list used in disability evaluation process … Far right could ‘neuter’ unionization efforts, group says … Fitch Ratings upgrades Masonicare to A-; outlook stable...
Record-high False Claims Act settlements recovered in first half of 2024
By
Kathleen Steele Gaivin
Jun 21, 2024
After a record-breaking 2023, settlements under the False Claims Act continue along the same trajectory in the first half of 2024, “with notable healthcare fraud settlements under the FCA, AKS [the Anti-Kickback...
CMS to conduct ‘focused review’ of Missouri, Texas delays in processing Medicaid applications
By
Kathleen Steele Gaivin
Jun 20, 2024
The Centers for Medicare & Medicaid Services is launching a focused review of how the states of Missouri and Texas process Medicaid applications.
Labor market solid, with ‘notable pockets of weakness,’ ADP finds
By
Kathleen Steele Gaivin
Jun 06, 2024
“Job gains and pay growth are slowing going into the second half of the year,” ADP Chief Economist Nela Richardson said in a press release issued Wednesday in conjunction with the monthly ADP National...
CareTrust REIT reports SNFs deals totaling $180 million
By
Kathleen Steele Gaivin
Jun 05, 2024
CareTrust REIT has purchased or funded the purchase of 13 skilled nursing facilities in two deals totaling approximately $180 million, the company announced Tuesday.
Financial security heading into retirement hampered by student loan debt: report
By
Kathleen Steele Gaivin
May 31, 2024
Older workers often are saddled with student loan debt that hampers their ability to be financially secure in retirement, according to a report published Wednesday by the Schwartz Center for Economic Policy...
Requested tax code overhaul would up taxes on ‘wealthiest individuals and corporations’
By
Kathleen Steele Gaivin
May 29, 2024
Scores of consumer-oriented organizations are petitioning Congress to make changes to the tax code that would increase taxes on corporations.