Senior living, home care add jobs, while positions in nursing homes decline
By
Kathleen Steele Gaivin
Sep 09, 2024
Long-term care saw mixed results in the employment situation summary for August, released Friday by the Bureau of Labor Statistics.
Report suggests market opportunities for senior living
By
Kathleen Steele Gaivin
Dec 19, 2023
Conventional wisdom that care at home is less costly than assisted living is not necessarily true anymore, according to a recent report from the Joint Center for Housing Studies of Harvard University and...
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...
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...
Growing need for care outside hospital is opportunity for senior living, skilled nursing providers, experts...
By
Kathleen Steele Gaivin
Aug 09, 2023
About a third of the $4.4 trillion spent last year on healthcare in the United States was from the people over the age of 65, “and the estimate is that this group will represent half of all healthcare...
Amedisys receives $3.26 billion all-cash buyout offer from UnitedHealth Group’s Optum unit
By
Kathleen Steele Gaivin
Jun 06, 2023
Home health and hospice provider Amedisys received an unsolicited all-cash, $3.26 billion ($100 per share) offer Monday from UnitedHealth, through its Optum unit, to acquire all of the outstanding shares...
State bills would enable older adults to stay, age in place in their homes
By
Kathleen Steele Gaivin
May 31, 2023
New Jersey Assembly Speaker Craig J. Coughlin (D) last week introduced legislation that would create a new property tax credit program called StayNJ, which he said is meant to make it more affordable for...
Sharing ownership data good for enforcers, families, researchers, HHS secretary says
By
Kathleen Steele Gaivin
Apr 21, 2023
Medicare-certified home health agencies and hospice programs will be subject to additional scrutiny with Thursday’s announcement by the Department of Health and Human Services of the release of ownership...
Bill giving veterans more long-term care options passes Senate committee
By
Kathleen Steele Gaivin
Mar 06, 2023
The Senate Veterans’ Affairs Committee approved this week the Elizabeth Dole Home Care Act, which is meant to expand options for veterans in need of long-term care. The bill, if ultimately signed into...
Pennant sees ‘meaningful progress’ in fourth quarter
By
Kathleen Steele Gaivin
Feb 27, 2023
Despite labor and inflationary pressures, the Pennant Group’s full-year and fourth-quarter 2022 financial results demonstrate progress in both senior living and home health / hospice, according to Brent...