March 01, 2012 - McKnight's Long Term Care News

Print Issue: March 01, 2012

LTC insurer not paying up, lawsuit alleges

California-based Consumer Watchdog has filed a class action lawsuit against Senior Health Insurance Company of Pennsylvania. The organization alleges that SHIP is refusing to honor thousands of long-term care insurance policies it sold across the state.

How to do it… Information technology

Staffing costs dominate budget concerns in many long-term care facilities, yet, ironically, staffing software and management systems do not. The efficiencies gained and the problems averted with appropriate software can mean the difference between success, mediocrity and failure. Experts give their top tips here.

William C. Fisher

Smart Money: Understanding rates

All CFOs are taught that past performance is not an indication of future performance. Performance data is only part of how investment consultants evaluate money managers — and they use it with caution.

John O'Connor, editorial director, McKnight's Long-Term Care News

Where to find funding?

In many ways, 2011 was the year of the REIT, or real estate investment trust. Compared to alternative funding sources, REITs were flush with cash — and willing to spend.

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