Nursing homes often decrease residents' need for services covered under Medicare, according to new research published by the Centers for Medicare & Medicaid Services. The results reinforce the idea that accountable care organizations can lower costs by partnering with long-term care facilities.
The cost of a private nursing home room rose an average of more than 3% per year during the past five years, and currently averages annually at more than $94,000, according to a new survey.
'Scary' front-page story gave scant attention to benefits of long-term care insurance, industry group saysJuly 08, 2013
Long-term care insurance has benefited policyholders more than a recent Wall Street Journal front-page story indicates, according to the nation's largest LTC insurance trade group.
The most expensive nursing home care is on average found on the East Coast, according to data released Wednesday.
In the hearty debates taking place around McKnight's stories about the flu shot, there's one angle that, quite frankly, hasn't been brought up much.
The cost of living in a long-term care facility increased steadily over the last year while home care costs have stayed flat, a new survey finds.
Passage of the Affordable Care Act and the Budget Control Act of 2012 improved the budget outlook, but neither are enough to fix the gap between spending and revenue, according to a report by the Government Accountability Office.
Increased use of hospice care services could help rein in healthcare spending at the end of life, according to one study. But another study indicates that hospice is not a silver bullet, Reuters Health reported.
Healthcare delivery system reforms could help reduce some of the "excessive and preventable" Medicare costs incurred by beneficiaries who live in long-term care facilities, according to recent reports from the Kaiser Family Foundation.
The global cost of dementia in 2010 is expected to exceed 1% of the global gross domestic product, or $604 billion—and the price tag will only get higher, according to a new report.
There were smaller cost increases at some long-term care facilities from 2008-2010 as a result of the economic recession, according to a new analysis from Prudential Financial Inc., a financial services company.
Without an effective treatment, the cumulative costs of caring for patients with Alzheimer's disease in the United States could top $20 trillion over the next 40 years, according to a new report from the Alzheimer's Association.
The cost of receiving long-term care services at home is increasing, but not nearly as rapidly as the cost of nursing home or assisted living services, according to findings of the 2010 Cost of Care Survey from Genworth Financial.
Nursing home and assisted living costs each rose by an average of 3.3% over the last year, according to the 2009 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services, and Home Care Costs.