Most Recent Articles by James M. Berklan
I found it stunning when I recently read that more than a half million people had taken advantage of new Medicare coverage that pays for end-of-life discussions with their doctors. And there was hardly a peep about it.
A giant new skilled nursing-assisted living chain was given birth in August, when shareholders of Sabra Health Care REIT and Care Capital Properties voted to approve a deal that would combine the two into one real estate investment trust.
Quality Care Properties kept the heat on HCR ManorCare top managers, announcing in mid-August that it had begun the process of appointing an independent receiver to oversee the provider's skilled nursing and assisted living facilities.
Salaries for nursing home administrators jumped 3% over the past year, to a national average of $97,401, while directors of nursing realized a 2.6% increase, to an average of $89,902.
If they hadn't known well in advance it would be that small, providers probably wouldn't have been so gracious about a mere 1% increase in Medicare reimbursements from the Centers for Medicare & Medicaid Services.