Assisted living edges out home care, nursing home as paid long-term care choice for middle class
By
Lois A. Bowers
Aug 29, 2024
Assisted living community living edged out professional at-home care and nursing home care as the paid long-term care option of choice for US middle class retirees who predicted in a recent survey what...
Year-over-year health spending growth highest ‘by far’ for home healthcare
By
Lois A. Bowers
Aug 28, 2024
Year-over-year growth in national health spending in June was highest “by far” for home healthcare, at 20.9%, compared with other major healthcare categories, according to a brief issued late Tuesday...
U.S. News contemplates best of home care
By
Lois A. Bowers
Sep 09, 2021
U.S. News & World Report expands its presence in long-term care with the Monday launch of a new program, “Best Senior Living,” for independent living, assisted living, memory care and continuing care...
Brookdale announces $400 million sale of majority stake in home health, hospice, therapy business to...
By
Lois A. Bowers
Feb 24, 2021
Brookdale Senior Living has agreed to sell its majority stake in Brookdale Health Care Services — provider of home health, hospice and therapy services — to HCA Healthcare, the country’s largest...
HHS: Medicare overpaid Brookdale $3.3M for improperly billed claims for home health provided to assisted...
By
Lois A. Bowers
Mar 02, 2021
The Medicare program made approximately $3.3 million in overpayments to Brookdale Home Health for claims that were incorrectly billed for home health services provided to assisted living residents and...
Pennant puts acquisitions on hold for senior living but not home health, hospice
By
Lois A. Bowers
Feb 26, 2021
In the midst of a “challenging operating environment” for senior living, The Pennant Group does not plan to allocate capital for acquisitions in the sector in the near term “as our leaders focus...
Assisted living rate increase grows 4.65 percent — more than skilled nursing but less than home care
By
Lois A. Bowers
Feb 17, 2022
The annual median rate in assisted living increased nationally by 4.65% in 2021, according to the results of Genworth’s 18th annual Cost of Care Survey, released Wednesday.
‘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...
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
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...