Medicaid programs are taking pause to ensure their non-emergency medical transportation services are operating properly after one state agency was told to return nearly $400,000 for improper bills.
Investors want occupied beds and claim Emeritus isn't filling them fast enough to suit Wall Street, which has punished the company's new owner with declining share value.
Nursing homes should be allowed to serve alcohol to residents without having to pay excise taxes or permits, according to a group of Indiana seniors who want to gain an exemption from the state.
Weight gain linked to fracture risk in older women .... UC San Diego researchers: We can predict the spread of flu a week into the future ... Study looks at sex lives of those over 70
On the heels of a Florida court decision that puts a nursing home unlikely to emerge unscathed from bankruptcy, a federal appeals court has ruled former officers and directors of a different nursing home are still liable for $2.25 million in compensatory damages.
» Walker & Dunlop said a $9.9 million loan for the refinance of Vista Healthcare Center in California has closed. The center has 187 skilled nursing beds. The transaction was processed through the HUD's LEAN program. The borrower, LifeHOUSE Health Services, will be able to pay off existing intra-company debt and take advantage of a long-term sub-4% rate. The loan is "somewhat unique," the firm said, as it carries a one-year lockout period with four years of lower-than-standard prepayment penalties.
Kindred Healthcare will expand its headquarters and add about 500 jobs, the company announced in December.
Long-term care providers should prepare for higher liability costs. They are anticipated to increase by 5% on a national basis in 2015, according to a new analysis from the American Health Care Association/National Center for Assisted Living and Aon Global Risk Consulting, an arm of insurer Aon plc.
NEW JERSEY — Lawmakers here will soon debate the merits of a bill that would require the state to pay facilities up to half of the money owed for uncompensated care for residents whose Medicaid applications remain mired in limbo after three months.
FLORIDA - A nursing home building boom may be on the horizon following the end of a 12-year moratorium.
MISSISSIPPI — Postal inspectors allege nursing home employees here and in California may have unwittingly referred families and residents seeking help with Medicaid and veterans' benefits to an individual who allegedly filed troublesome paperwork and defrauded others of hundreds of thousands of dollars in what they described as a sophisticated Ponzi scheme.