Raising the definition of a full-time workweek from 30 to 40 hours would result in fewer work hours for many employees, Senate Democrats argued at a hearing last week.
Senate Democrats back faster union elections ... Gentiva approves Kindred deal ... Life after stroke riskiest for those living alone, especially older men ... Heart failure patients bounce back to ERs for complex reasons
Don't count Rep. Diane Black among the supporters of the current model for accountable care organizations. The Tennessee Republican said late last week that it's too risky for providers who wish to participate.
Evidence-based reasons for why some nursing homes serving Medicaid-heavy populations outperform others will soon be available.
Long-term care providers could have good reason to worry that forthcoming Medicare reforms could cut into their reimbursements, following a two-day hearing on Capitol Hill. Lawmakers reiterated pledges to permanently change the way physician payment rates are calculated. They also emphasized that provider reimbursement cuts and beneficiary cost-sharing might very well be needed due to the price-tag on the policy shift.
» 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.