Average per-bed prices for skilled nursing, assisted living facilities sink in 2008
Mar 13, 2009
After hitting record prices in 2007, the average price paid per bed for skilled nursing facilities fell by 18% to $45,500 in 2008, a new report by Irving Levin Associates Inc. found.
Guidelines for pressure ulcer prevention to be introduced at conference
Feb 27, 2009
New international guidelines for performing prevalence and incidence studies on pressure ulcers will make their debut today and Saturday at the Biennial Conference of the National Pressure Ulcer Advisory...
Federal court finds 17 Indiana nursing home violations were not issued maliciously
Feb 26, 2009
A federal appeals court has ruled against an Indiana nursing home, which successfully contested 16 of 17 Medicaid-participation and state licensing violations. The court did not find that state health...
Oxford Finance LLC provides $14.5M in financing to JAG Healthcare
Oct 01, 2013
Oxford Finance LLC has closed a $13 million senior secured term loan and $1.5 million revolving lined of credit to Ohio-based JAG Healthcare. The money will be used to acquire six skilled nursing facilities...
New MedPAC recommendations ‘right on target,’ Minnix says
Jun 17, 2008
MedPAC’s recent recommendations to revise the payment system for skilled nursing facilities drew praise Monday from the head of the largest nonprofit association for long-term care providers.
Offering quality care is goal of new Golden Living CEO
Oct 08, 2008
Golden Living should be synonymous with quality care, Dr. Neil Kurtz, the new CEO and president of Golden Living, told McKnight’s this week.
McCain, Obama advisers discuss long-term care at symposium
Sep 12, 2008
Surrogates for presidential hopefuls John McCain (R) and Barack Obama (D) spelled out their respective nominees’ views on the future of long-term care in the United States at the third annual Long-Term...
California governor threatens to veto budget, continuing impasse
Sep 18, 2008
California Gov. Arnold Schwarzenegger (R) said he plans to nix a $145 billion budget proposal on Friday. If passed, the proposal would end the longest budget impasse in the state’s history and restore...
Kindred earnings soar in first quarter
May 08, 2008
Profits at Kindred Healthcare Inc., one of the nation’s largest nursing home chains, shot up by 87% in the quarter ending March 31, 2008, to nearly $15 million, as the company performed higher than...
Long-term care reform hearing focuses on dual eligibles, home-based services
Mar 05, 2009
Public and private sector officials convened Wednesday to discuss the important role long-term care reform could play in a grander, overall healthcare reform scheme.