News

Obama Administration Moves to Strengthen Nursing Home Oversight

July 13, 2015, Virgil Dickson, Modern Healthcare - The CMS is proposing rules aimed at dramatically improving the quality of care Medicaid and Medicare beneficiaries are receiving in nursing homes. An estimated 1.5 million beneficiaries are receiving treatment at more than 15,000 long-term…

CMS Proposed Rules to Revamp Nursing Home Care, Trim Costs

July 13, 2015, Kaiser Health News, Healthcare Finance - After nearly 30 years, the Obama administration…

Bundled Payments for Hip, Knee Replacements Would Put Pressure on SNFs

July 12, 2015, Emily Mongan, McKnights - The Centers for Medicare & Medicaid Services plan to test bundled payments for hip and knee replacements could spell trouble for skilled nursing facilities, experts warn. The proposed…

LTC Nursing Organizations Merge to Develop Unified Certification, Lobbying

July 9, 2015, Emily Mongan, McKnights - The American Association of Nurse Assessment Coordination has purchased assets of the American Association of Long Term Care…

ABHOW, be.group to Merge, Forming Largest Seniors Housing Nonprofit in California



July 8, 2015, Seniors Housing Business - Two California-based, nonprofit seniors housing owner/operators have announced plans to merge, creating the largest nonprofit seniors housing provider in California, according to the two companies. Pleasanton-based American Baptist Homes…

Senior Housing Occupancy Slips as New Projects Hit the Market



July 8, 2015, Tim Mullaney, Senior Housing News - Fears that the senior housing sector could be overbuilt might be all too true, newly released data suggests. New inventory hit a six-year high in the second quarter, but declining occupancy shows supply is outstripping demand.…

Bill Would Expand Civil Monetary Penalties Related to HHS



July 7, 2015, Emily Mongan, McKnights - The newest version of the House's 21st Century Cures bill would expand civil monetary penalties to cover false claims related to contracts and grants funded by Medicare and Medicaid, as…

Ventas Transitions Ardent Operations in Deal Valued at $475 Million



July 7, 2015, Emily Study, Senior Housing News - After its previously announced

BrightStar to Franchise 100-Property Senior Living Pipeline



July 6, 2015, Tim Mullaney, Senior Housing News - One of the nation's largest home care companies soon could be a leading, innovative senior living brand as well. BrightStar Senior Living is planning a five-year, 100-property pipeline of assisted living communities to be built…

Heritage to Develop Third Phoenix-Area Community for $22M



July 6, 2015, Seniors Housing Business
- Heritage Communities of Omaha, Neb., has announced its plans to develop the company's third seniors housing community in the Phoenix metro area: Orchard Pointe at Terrazza. Working in partnership with Telis Commercial Real Estate…