Occupancy rate stays stable for skilled nursing, drops for assisted living
Sep 12, 2008
The average skilled nursing occupancy rate held steady, while rates for assisted living and independent living fell noticeably. That is according to the National Investment Center for the Seniors Housing...
Opposition to Medicare cuts grows in Senate
Jul 29, 2008
Nearly half of the nation’s senators have voiced objections to proposed Medicare cuts of $770 million in fiscal year 2009, according to the American Health Care Association and the Alliance for Quality...
NIC: Financing in seniors housing falls in first quarter
Jul 22, 2008
The amount of financing placed in seniors housing dropped by a precipitous 60% in the first quarter of 2008, according to data released this month from the National Investment Center for the Seniors Housing...
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.
Consultant pharmacists group forms for-profit subsidiary
Jun 13, 2008
The American Society of Consultant Pharmacists (ASCP) this week announced the launch of ASCP Ventures, Inc., a for-profit subsidiary of ASCP.
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...
Nursing home stocks rise on positive outlook of proposed Medicare rule
May 05, 2008
Nursing home company shares rose on Friday following the release of a proposed government rule to cut Medicare funding in fiscal year 2009 by a net $60 million.
Report provides road map for LTC financing
Mar 19, 2008
A long-term care reference tool released Tuesday takes into account new market forces that are shaping the future of long-term care.
It’s in the genes
By
Liza Berger
Jan 15, 2008
CEO Robert Adams follows in his father’s footsteps.
Manganos’ verdict hardly a bright shining moment
By
James M. Berklan
Oct 01, 2007
Exactly six months ago in this space I wrote that the trial of Sal and Mabel Mangano could turn out to be an excellent opportunity for them, and nursing homes in general, to shine. Dire circumstances often...