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Gentiva Health Services Acquisition Will Shake Up Several Industries says Analysts »

By admin on Jun 15, 2010 in Featured, In the News, Long Term Care, Long Term Care Insurance, Medicare, Medicaid and LTC | 0 Comments

Last week’s $1 billion purchase of Odyssey Healthcare (ODSY) by Gentiva Health Services (GTIV) is going to shake up several industries according to Investors Business Daily.
Gentiva provides in-home care for patients, most of whom are elderly. Odyssey provides hospice care for those in their last days.
The merger suggests convergence and consolidation across the wide spectrum [...]

Social Security Administration has updated their Medicare Prescription Drug Costs web page »

By jana on May 6, 2008 in Medicare, Medicaid and LTC | 0 Comments

The Social Security Administration just released an update on their Drug Costs webpage and it looks pretty good.  It seems easy to navigate (easier than navigating Medicare itself) and full of useful information.  They have online applications, a page that helps you discern if you qualify for benefits and several helpful booklets, pamphlets, and fact [...]

Money Smart Week and Long Term Care Insurance »

By jana on Apr 21, 2008 in Long Term Care Insurance, Medicare, Medicaid and LTC | 0 Comments

Chicagoland Public Libraries kicked off their their annual Money Smart Week today with a session lead by Terry Savage.  The session was a general financial planning presentation sponsored by the Financial Planning Association of Illinois so she covered a lot of basics for the common man.  She discussed the questions we should ask ourselves for [...]

MedPAC Proposes Negative Change for Efficient Senior Care Providers »

By jana on Apr 3, 2008 in Medicare, Medicaid and LTC | 0 Comments

The Medicare Payment Advisory Committee is proposing changes to Medicare reimbursement to skilled nursing facilities that could lower payments to those facilities performing a high-volume of therapy related services. 
The report recommends lower payments made by medicare based upon the efficiencies of scale that the Council has stated that any high volume provide should have achieved [...]

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