Author Archive: admin
States Get $3.7 Billion to Provide Long Term Care Services from HHS
States will see additional funding from the Affordable Care Act to help move Medicaid beneficiaries out of institutions and into their own homes or other community settings now and in the near future. The Affordable Care Act provides additional funding for two programs supporting that goal, the Money Follows the Person (MFP) demonstration program and the [...]
Clearview Capital Completes Another Add-on Acquisition for Senior Care Centers of America
Senior Care Centers of America, Inc., a portfolio company of Clearview Capital, LLC, has completed the acquisition of the adult daycare division of South Jersey Health Systems. The transaction closed on March 1, 2011. Senior Care Centers of America is the premier provider of adult day health services in the United States with a total [...]
Health Care Quality Improves 2.3% says Report
Health care quality continues to improve slowly, about 2.3% a year according to the 2010 National Healthcare Quality Report and National Healthcare Disparities Report issued today by the Department of Health & Human Services’ (HHS) Agency for Healthcare Research and Quality (AHRQ). Mandated by Congress, the report uses data are based on more than 200 health care [...]
Health Care REIT Acquires Virtually All of Genesis Assets for $2.4 Billion
Health Care REIT (NYSE:HCN) signed a definitive agreement to acquire almost all of the real estate assets of privately-owned Genesis HealthCare (Genesis) for $2.4 billion last week. Genesis, a leading provider of short-term post-acute, rehabilitation, assisted living and long-term care services, will continue to operate the facilities pursuant to a long-term triple-net master lease said a statement. HCN [...]
LTC Rates Can Vary Over 40% Depending on Provider says Report
A report shows that consumer rates for long term care insurance protection could vary by between 41-to-48% depending on the provider. The study, published by the American Association for Long-Term Care Insurance (AALTCI) found a 55-year-old couple purchasing long-term care insurance protection can expect to pay $2,350-per-year (combined) for about $338,000 of current benefits ($169,000 each) which will grow [...]
NY Times: More than 90% of Nursing Homes Employ Convicted Criminals
The New York Times is reporting that more than 90 percent of nursing homes employ one or more people who have been convicted of at least one crime. In addition, Federal Investigators said 5 percent of all nursing home employees have at least one criminal conviction. The report was issued by Daniel R. Levinson, inspector general [...]
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NQF Endorses 21 Measures for Comparing Nursing Homes
In an effort to improve the quality of care in nursing homes for the 1.4 million Americans who reside in facilities across the country, the National Quality Forum (NQF) has endorsed 21 measures to be used to care for both long-term residents and short-stay patients. The NQF-endorsed measures will be used in the Centers for [...]
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Direct Care Launches National LTC Credential
The Direct Care Alliance today announced the launch of the Personal Care and Support Professional Credential, a competency-based test that will help improve the quality of long-term care for the elderly and people living with disabilities who depend on personal assistance workers to maintain their autonomy and quality of life. The credential comes at a [...]
Technology that helps seniors live at home longer
It’s a common conundrum facing many aging New Yorkers: stay at home or move to a nursing home? Two state agencies would like to see more people choose the first option and took that quest one step further Monday with an expo at the Legislative Office Building that highlighted technology that is making that possibility [...]
CNBC: Conn. seniors’ advocates push for home-based help
In decades of working with senior citizens, Marie Allen has never met any who told her they wanted to grow old in a nursing home or other institutional setting. But their wish, to age at home with the right medical and social support programs, can depend heavily on whether Connecticut changes how it allocates its [...]
