Long-term care operators could face 50% premium hikes next year
By
Kimberly Marselas
Nov 16, 2023
Many long-term care and senior living operators are likely facing steep insurance premium jumps for 2024, with underwriters increasingly skittish about extending coverage to poorly positioned clients.
‘More must be done’ by providers for emergency prep: Senate report
By
Kimberly Marselas
Feb 24, 2023
Massive power failures and widespread evacuations caused by severe weather should be taken as a “warning sign” that US nursing homes remain unprepared for emergencies and the coming effects of climate...
State News
By
Kimberly Marselas
Sep 12, 2023
Attorney General Letitia James (won a preliminary injunction that requires a nursing home company accused of committing more than $83 million in Medicare and Medicaid fraud to pay for an independent financial...
With insurers on relatively solid footing, experts project LTC rates will stabilize
By
Kimberly Marselas
May 09, 2024
Long-term care providers will likely see their professional liability and property insurance rates climb again this year, but experts at a global financial services firm predict those cost increases will...
Fewer than half of Bob Dean’s 800 hurricane victims file class-action claims
By
Kimberly Marselas
Jun 23, 2023
Only about 400 residents from a harrowing 2021 Hurricane Ida evacuation have filed claims as part of a $12 million class-action settlement.
Skilled nursing deals led record year for seniors housing and care
By
Kimberly Marselas
Jan 12, 2023
The number of publicly announced seniors housing and care acquisitions rose to 527 in 2022, and skilled nursing powerhouse pacts sent the average amounts soaring.
Exemption window narrows, fears rising as staffing requirements appear less achievable
By
Kimberly Marselas
Jun 05, 2024
Long-term care advocates and providers from several states rallied Tuesday for relief from a staffing rule they say will be impossible to meet, despite their shared interest in hiring more direct care...
State’s push for patient safety leads to tussle over emergency planning rules, consequences
By
Kimberly Marselas
Sep 22, 2022
State officials are pursuing new state regulations to protect nursing home residents from scenarios such as the one that contributed to 15 resident deaths after they evacuated to a warehouse during Hurricane...
Provider insurance rates finally ‘bending in positive direction’ but not all sunny: report
By
Kimberly Marselas
May 02, 2023
Long-term care providers could begin to see some relief this spring from insurance rates that escalated during the pandemic.
Whistleblowers add to nursing home COVID relief burdens
By
Kimberly Marselas
Oct 31, 2022
A $105 million federal lawsuit filed last week — one possibly on its way to a quick dismissal — shows the growing threats nursing home operators face in accounting for their right to collect and spend...