The Five-Star Quality Rating System’s impact on insurance premiums — and how to address them
Feb 27, 2023
For nearly 15 years, the Center for Medicare and Medicaid Services’ Five-Star Quality Rating System for long-term care facilities has been a single source of truth for multiple parties. Consumers...
In major win for insurer, court rules Genesis must absorb costs of multiple COVID suits
Nov 21, 2022
Genesis Healthcare could be on the hook for millions of dollars in potential COVID-19 settlements, following a federal judge’s decision that the skilled nursing giant’s insurer does not have to cover...
Inflation’s up. Providers’ insurance bills are likely next
Oct 03, 2022
Rising commercial insurance rates combined with coverage prices that typically outpace cost-of-living increases spell almost certain upcoming hikes in providers’ liability and commercial policies, according...
Clinical briefs for Monday, Aug. 15
Aug 15, 2022
‘Long COVID’ could mean insurance cost increases for employers … New hospice reporting data coming soon to Care Compare … FDA recommends serial COVID antigen home tests after negative results …...
Assisted living claims cost outpaces that of SNFs: report
Mar 18, 2022
The average cost of insurance liability claims was lower for skilled nursing settings by more than $20,000 when compared to assisted living in a new national analysis.
LTC operators paying higher liability costs since pandemic
Nov 24, 2021
Long-term care operators should be wary of increased liability costs following the onset of the COVID-19 pandemic after a new report found that industry is facing increasing loss costs — with the frequency...
3 risks many long-term care providers don’t realize they’re exposed to
Jul 02, 2021
COVID-19 has shown just how precarious the situation in some long-term care facilities can be. During the first few months of the pandemic, many LTC providers were stuck trying to interpret mercurial public...
Addressing social determinants of health to attract and retain talent
Jun 28, 2021
The long-term care industry is facing an employment crisis, and providers must go beyond traditional compensation and benefit offerings to solve them. This industry’s employee demographic operates with...
Non-covered losses and steep rate increases: New report issues bleak outlook for provider insurance
Apr 23, 2021
The best positioned long-term and senior care providers can expect to see liability insurance rates climb by as much as 30% this year, while those with previous losses and poor venues will face even stiffer...
Unconventional ways to assess risk in nursing homes
Mar 30, 2021
The purpose of a qualified risk management department in healthcare is to assess, monitor, and implement plans and policies in order to decrease their exposure. There are many areas that need to be addressed...