Private investment firm acquires Assisted Living Concepts for $287 million
By
McKnight's Staff
Feb 28, 2013
Investment firm TPG will acquire Assisted Living Concepts for $287 million, the companies announced Tuesday. ALC operates 210 facilities in 20 states.
States have ‘wide discretion’ to cut Medicaid payments to providers, White House says
By
McKnight's Staff
Feb 27, 2013
The White House said states can reduce Medicaid payments to long-term care operators and other healthcare providers in a court brief filed Monday.
Oxygen exposure does not promote healing for diabetic foot ulcers, researchers discover
By
McKnight's Staff
Feb 27, 2013
Researchers found oxygen treatment for diabetic patients may actually hurt the wound healing process, a finding at odds with long-standing beliefs about the benefits of the treatment.
New U.S. News ratings show nursing homes a ‘Maine’ attraction
By
McKnight's Staff
Feb 27, 2013
Among states with high percentages of seniors, Maine did the best, with 30% of its homes earning a five-star rating.
LeadingAge and AHCA join ranks opposed to Medicaid cost sharing proposal
By
McKnight's Staff
Feb 26, 2013
LeadingAge and the American Health Care Association have joined a growing list of organizations opposed to Medicaid cost-sharing provisions in the Affordable Care Act. More than 700 respondents submitted...
CMS leverages technology in move from ‘pay-and-chase’ to fraud prevention
By
McKnight's Staff
Feb 26, 2013
The Centers for Medicare & Medicaid Services will utilize computer technology to shift from detecting and then prosecuting fraud (“pay-and-chase”) to preventing it, according to a CMS official...
Facilities’ bankruptcy filing marks latest twist in Connecticut nursing home strike
By
McKnight's Staff
Feb 26, 2013
The five Connecticut nursing homes involved in a high-profile workers strike filed for Chapter 11 bankruptcy Monday, citing monthly losses from contracts with union workers.
Resident or inmate, or both?
By
McKnight's Staff
Feb 26, 2013
Is it a nursing home … or a prison? That sounds like a shady lawyer trolling for clients, but it’s an urgent question for the residents of Rocky Hill, CT. And it may be a pressing question...
HHS awards states $285 million to support formation of innovative care and payment models
By
McKnight's Staff
Feb 25, 2013
The Department of Health and Human Services will award $285 million for 25 states to innovate healthcare delivery and payment systems, the agency announced on Feb. 21. In many of these states, long-term...
Researchers pave way for new treatment for serious wounds
By
McKnight's Staff
Feb 25, 2013
A recent breakthrough could lead to more effective treatments for tenacious wounds such as diabetic foot ulcers, according to a report in the journal Nature Chemistry.