Increasing accountability, improving regulation standards focus of Delaware bill package … DOJ will offer rewards to whistleblowers exposing healthcare fraud … Minnesota awards millions in second...
Business briefs, Aug. 8
By
Kathleen Steele Gaivin
Aug 08, 2024
Provider seeks dismissal of class-action suit over alleged immigrant labor law violations … CCRC adopts Journeys memory care model … Connecticut launches grant program for home healthcare worker safety...
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...
National health spending reached $45 trillion in 2022, or $13,493 per person, according to an analysis from the Office of the Actuary at the Centers for Medicare & Medicaid Services published Wednesday...
Updated: 22 states petition CMS to repeal COVID-19 vaccine mandate for healthcare workers
By
Lois A. Bowers
Nov 17, 2022
A coalition of 22 states led by Montana Attorney General Austin Knudsen (R), today formally called on the Biden administration to withdraw its COVID-19 vaccine mandate for nursing home and other healthcare...
Home health is fastest-growing component of national health spending
By
Kathleen Steele Gaivin
Jan 08, 2024
Year-over-year growth in the home health space was 13.5% in October, making it the fastest-growing component of national health spending, according to Altarum’s monthly Health Sector Economic Indicators...
‘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...
Home health, hospice M&A up 20 percent in second quarter
By
Kathleen Steele Gaivin
Jul 27, 2023
Home health and hospice mergers and acquisition activity increased by 20% in the second quarter over the first quarter, but deals were down 14% compared with the second quarter of 2022, according to recently...
Federal government to investigate private equity’s influence on nursing homes, HCBS, home health
By
Kathleen Steele Gaivin
Mar 07, 2024
The Justice Department, Federal Trade Commission and Health and Human Services Department have announced plans to jointly investigate private equity’s influence on healthcare.
Demand for direct care workers expected to outpace availability: report
By
Kathleen Steele Gaivin
Sep 13, 2023
Demand for direct care workers — home care workers; workers in residential group homes, assisted living communities and other residential care; and nursing assistants in skilled nursing facilities —...