News

Lawmakers Reintroduce Bill To Ensure Observation Stays Count Toward SNF Coverage

March 10, 2017, Emily Mongan, McKnight's Long-Term Care News - A bipartisan group of lawmakers reintroduced a bill on Wednesday that would requires days spent by hospital patients in observation status count toward the three-day inpatient requirement for skilled nursing coverage.

AMDA delegates To Ponder Integrated Care Model For Assisted Living

March 9, 2017, Lois Bowers, McKnight's Senior Living - A resolution calling for AMDA – The Society for Post-Acute and Long-Term Care Medicine to promote and advocate for an integrated care model in assisted living will be one of nine under consideration by the organization's delegates…

Rent Discounts Reflect Challenges Facing Assisted Living

March 9, 2017, Tim Mullaney, Senior Housing News - It’s no secret that senior living providers sometimes give new residents a break on the rent for some period of time. As 2016 came to a close, new assisted living residents were paying a rate that was 10.7% lower than what communities initially…

Obamacare Repeal Bill Moves Forward In House Despite Acrimonious Hearing

March 9, 2017, Virgil Dickson & Harris Meyer, Modern Healthcare - House Republicans managed to move their bill repealing and replacing the Affordable Care Act out of a committee early Thursday morning, despite increasing dissent from Democrats and the healthcare industry.

ACA Repeal Bill Would Cap Medicaid Payments Below Actual Costs

March 8, 2017, Harris Meyer, Modern Healthcare - The long awaited House Republican proposal to revamp Medicaid financing would shrink federal payments to the states significantly over time, increase the uninsured rate and boost uncompensated care costs, several experts say.

Ventas Not Interested In Brookdale, But Diversicare Soars

March 8, 2017, Steve Monroe, Senior Care Investor - We may never know if Ventas was really interested in buying Brookdale Senior Living, but it was just something we did not think made any sense, so we are glad they publicly said they are not pursuing it. The only thing that made possible…

Senior Housing Investments & Transactions: CareTrust REIT, NHI

March 8, 2017, Amy Baxter, Senior Housing News - Texas Investors Buy $185 million SNF PortfolioDallas businessmen Chuck Putnam and Donald Kivowitz have purchased a portfolio of 10 skilled nursing facilities (SNFs) in Maryland and Pennsylvania for $185 million.…

'Joint Employer' Ruling Appeal Case Arguments To Begin Thursday

March 8, 2017, Lois Bowers, McKnight's Senior Living - Oral arguments are set to begin Thursday in the U.S. Court of Appeals for the District of Columbia Circuit as Browning-Ferris Industries looks to overturn an 

Care Coordination Models Show Promise In Reducing Hospitalizations, Medicare Costs Among SNF Residents

March 7, 2017, Emily Mongan, McKnight's Long-Term Care News - Care coordination models tested through the Centers for Medicare & Medicaid Services' have indicated which strategies can help reduce hospitalizations, according to a new study.  The research, 

Ventas CEO: Brookdale Should Focus On Operating Business

March 7, 2017, Alana Stramowski, Senior Housing News - Ventas Inc. (NYSE: VTR) is indeed out as a potential buyer of Brookdale Senior Living (NYSE: BKD), Ventas CEO Debra Cafaro confirmed Tuesday morning. She also weighed in on where she believes the nation’s largest senior living provider…