I’m sure you remember the old joke: “Why are nursing homes so noisy? Because we forget people actually live there.” Oh sorry, that’s not a joke. My mistake.
New name for Advocat Inc.
By
McKnight's Staff
May 01, 2013
Advocat Inc., which operates 48 skilled nursing centers, changed its name to Diversicare Healthcare Services as of March 15. Its facilities already operated under the Diversicare name, and President and...
Sequester cuts are bringing changes to survey process
By
McKnight's Staff
May 01, 2013
The Centers for Medicare & Medicaid Services will change some nursing home survey procedures in response to budget cuts from sequestration, according to memos released April 9. The CMS Survey & Certification...
McKnight’s second Tech Awards program is here
By
James M. Berklan
May 01, 2013
I’m not going to worry too much about the Second Annual McKnight’s Technology Awards program, which kicks off this month. The first one last year was a smashing success. I have no reason to...
Aviv finally finds success with $279M initial public offering
By
McKnight's Staff
May 01, 2013
Aviv REIT Inc. netted nearly $279 million in an initial public offering of common stock. The Chicago-based company first tried to go public in 2008 but was stopped by the economic crisis, and a 2009 attempt...
Early dementia, diabetes linked
By
McKnight's Staff
May 01, 2013
Diabetics are at risk of developing dementia earlier and dying sooner, according to research in the American Journal of Epidemiology.
The real labor problem
By
John O'Connor
May 01, 2013
Long-term care operators are understandably giddy about the sudden prospect of immigration reform. Such a change holds the promise of a larger labor pool at a time of rampant worker shortages. Add in the...
Ask the payment expert … about the observation stay loophole
By
Patricia Boyer
May 01, 2013
We’ve had problems with residents being caught in the hospital “observation stay loophole.” What can we do to ensure they qualify for coverage at our facility?
AGS reverses aspirin vote
By
McKnight's Staff
May 01, 2013
Elderly people with type 2 diabetes should not take aspirin to prevent cardiovascular disease, according to draft guidelines from the American Geriatrics Society. This reverses its previous recommendation.
Re-visit the IPS
By
William C. Fisher
May 01, 2013
The primary document governing investment decision making by fiduciaries is the investment policy statement (IPS). The fiduciaries are the board and finance committee members, as well as senior management.