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Skilled nursing facility trends contribute to improved Medicare outlook, Congressional report says

The Medicare trust fund is on track to remain solvent until 2030, trustees of the program stated in a Congressional report released Monday. This improved outlook is due in part to revised expectations about the case mix in skilled nursing facilities.

House bill would define, promote coordinated long-term care services

A bill introduced in the House of Representatives would target improved care coordination for seniors, also adding it under the Older Americans Act.

Seize the day: Tech Awards deadline is tomorrow

Seize the day: Tech Awards deadline is tomorrow

The final countdown has begun: Long-term care providers have less than 48 hours to enter the third annual McKnight's Excellence in Technology Awards. Submissions will be accepted through July 30.

Also in the news for July 29, 2014 . . .

Brookdale enters $350K settlement over hiring workers excluded from federal programs ... Seniors are more troubled by distractions, researchers find ... Government publishes new Medicare Quality Improvement Organization requirements ... NQF to test risk-adjusted quality measures

Involving nursing assistants with decisions may result in higher quality, study finds

Empowering nursing assistants and family members of nursing home residents in decision-making results improved service, a new study finds.

Company News

BusinessBriefs for July 2014

» Berkadia Commercial Mortgage LLC acquired Keystone Commercial Capital, a commercial mortgage banking company based in Scottsdale, AZ. Keystone services more than $2 billion in commercial real estate loans. Berkadia plans to add 16 employees to its offices.

Kindred bid more hostile?

Kindred Healthcare increased its bid for Gentiva Health Services to about $534 million, and plans to take the offer directly to shareholders.

Ventas' $2.6 billion bid will create healthcare REIT titan

Ventas' $2.6 billion bid will create healthcare REIT titan

Real estate investment trust giant Ventas took a huge step in bolstering its private-pay assets when it announced it would acquire American Realty Capital Healthcare Trust for $2.6 billion in cash and stock. The transaction is expected to close later this year.

State News

State News July 2014

State News July 2014

ILLINOIS — Democratic Gov. Patrick Quinn was expected to sign legislation designed to reverse decades of race-based disparities in the care provided in all types of long-term care settings.

State News May 2014

State News May 2014

WASHINGTON - A proposal for a sorely needed veteran's nursing home in Walla Walla remains mired in red tape and declining federal funding while elected officials continue pushing the Veterans Administration for answers.

State News

State News

PENNSYLVANIA - The state's nursing home operators say they are approaching fiscal disaster as facilities look at razor-thin margins half the national average.

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