News

PA Attorney General Files Appeal Over Golden Living Marketing Case

April 25, 2017, Emily Mongan, McKnight's Long-Term Care News - The Pennsylvania attorney general's office filed an appeal last week of a state court's decision to dismiss a lawsuit against 25 Golden LivingCenters.  The Commonwealth Court of Pennsylvania dismissed…

The Priciest Metros For Assisted Living, Memory Care

April 24, 2017, Mary Kate Nelson, Senior Housing News - The general public may think the cost of health care—and, by extension, the cost of senior living—is rapidly increasing, but that’s not true.  In fact, senior living costs are rising at a slower rate than health insurance premiums, hospital…

Kindred May Be Eyeing Sale Along With Skilled Nursing Exit

April 24, 2017, Emily Mongan, McKnight's Long-Term Care News - Kindred Healthcare Inc. may be exploring a sale amidst an uncertain future for post-acute care reimbursements, Reuters reported…

Watercrest Senior Living’s First COO Focuses On Leadership Development

April 23, 2017 Alana Stramowski, Senior Housing News - The buzzword “company culture” is not new to the senior living industry, but Watercrest Senior Living is renewing its investment in the concept with its first-ever chief operating officer.  Watercrest, which owns and operates three assisted…

States Bolstering Efforts To Fight Medicaid Waste, Fraud In Wake Of GAO Report

April 21, 2017, Emily Mongan, McKnight's Long-Term Care News - Many state Medicaid programs are trying to improve their data analytics and provider education to curb fraud and waste within the program — efforts recently criticized in a federal report — one official said this week.

Per-Person Medicaid Caps Could Cut Funding For Dual Eligibles By $44 Billion

April 21, 2017, Emily Mongan, McKnight's Long-Term Care News - Spending on beneficiaries who qualify for both Medicaid and Medicare could drop by $44 billion over the next ten years if the Medicaid program moves to a limiting per-capita system, according to new research.

Solving The Senior Housing Middle Market Crisis

April 20, 2017, Stephanie Aaneson, Senior Housing News - The senior housing industry has evolved over the last 40 years to become a thriving sector for developers and operators providing housing and care to the aging population.  Yet the options available today leave a major portion of the…

Report: Kindred ‘Willing To Engage’ In Complete Buyout

April 20, 2017, Mary Kate Nelson, Senior Housing News - Late last year, Kindred Healthcare (NYSE: KND) announced its intention to completely exit the skilled nursing sector.  Now,…

SNF Evacuations Elevate Mortality Rate For Residents, Study Finds

April 18, 2017, Emily Mongan, McKnight's Long-Term Care News - Nursing home residents forced to evacuate due to either man-made or natural disasters may potentially face an increased risk of mortality for months following the evacuation, a recently published review shows.

Seniors Housing Inventory Growing Fast

April 17, 2017, Brian Rogal, Modern Healthcare - Developers and lenders in the seniors housing sector have for years only allowed new construction to proceed at a modest pace.  The development community’s aim was to avoid the mistakes made in past booms, when too many inexperienced…