American Baptist Homes of the West and be.group have announced they will merge next year to create one of the largest nonprofit senior living organizations in the country.
Nonprofit long-term care providers must work together to address alarming trends, or their market share could plummet and the sector as a whole could falter, LeadingAge Chairman David Gehm told association members Tuesday.
There is bad news about nonprofit investment returns. Organizations made changes to their asset allocation policies in 2012 that reduced returns. It is thought such changes were a reaction to market trends rather than changes made for strategic needs.
If you have relatives between the ages of 10 and 20, chances are good that you are more familiar with Harry Potter than you care to admit. J.K. Rowling wrote seven novels that chronicle Harry's good-versus-evil adventures at the Hogwarts School of Witchcraft and Wizardry.
A group of Pittsburgh nursing home operators' lack of oversight for their now-defunct nonprofit facility may leave them liable in the eyes of the law, according to the ruling of a federal appeals court last week.
Most people are familiar with the Greek myth of Icarus, who, enthralled with flying, ventured too close to the sun. It's a homily that helps to explain the fate of many companies, including two in long-term care.
Fitch Ratings, an international long-term credit rating agency, has disclosed that it will maintain its "negative outlook" for U.S. nonprofit hospitals and health systems during 2010.
The stakes have never been higher at the American Association of Homes and Services for the Aging's annual spring conference and exhibition, the group's leader told McKnight's on Monday in Washington.
The Office of Inspector General recently determined that a nonprofit skilled nursing facility that provides complimentary local transportation for friends and family of residents would not constitute grounds for the imposition of civil monetary penalties under the Social Security Act.
Nursing home providers are keeping their eyes on Medicare, Dennis Bozzi, president of Life Services Network, told McKnight's.
Two high-profile private sector leaders entreated long-term care providers Tuesday to take responsibility for technological and care delivery innovations.
A long-term care reference tool released Tuesday takes into account new market forces that are shaping the future of long-term care.
The nation's top lawmakers are learning more about new monitoring, personal health record and brain fitness technologies for seniors during a special briefing and demonstration today.Senators from the Special Committee on Aging; the Health, Education, Labor and Pensions Committee; and the Medical Technology Caucus are hosting the event to discuss and explore what type of support is needed to promote technological advances that can help our nation's aging population.
Staying on top of the latest products, services and industry trends can be a time-devouring pursuit. But the job just became less time consuming, thanks to our new Web site. Eldercare pros can find many time-saving options. These include a substantially enhanced Directory that makes it easier to locate needed services, plus videos of important suppliers. The latest job openings are also available, as well as immediate access to our Career Guide. Please take a moment to familiarize yourself with our new site. We think you'll find it's time well spent.