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...
Managing volunteers’ liability and risk
May 18, 2018
Although volunteers are an incredible asset to senior care organizations, there are risks associated with having them onsite.
Customer service at its finest?
Jean Wendland Porter
Apr 14, 2017
I’ve had the privilege to speak with two different medical entities today and wanted to share the experience with my readers and colleagues.
When the star goes down and payment’s involved, beware
James M. Berklan
Jul 22, 2016
A leader in the quest to increase long-term care insurance activity delivered a blow to its followers this week. The fallout might not be pretty.
Guidelines for purchasing a long-term care facility
Marty Butler and Avi Lev
May 11, 2015
Transactions within the senior care industry are at an all-time high. There are many different buyer profiles looking to invest and each one has a different method for measuring ROI.
Maryland-based PSA Insurance & Financial Services has bought Councill, a risk management and insurance company specializing in long-term care.
Improving fleet and driver safety
Feb 13, 2014
When you hear the word “fleet,” you might think of hundreds of school buses or thousands of trucks or vans. But organizations of all sizes own vehicles that help support their business operations....
Mid-sized employers receive insurance reprieve from White House
Feb 11, 2014
Long-term care providers with between 50 and 99 employees received an unexpected reprieve yesterday, as the Obama administration announced it would give them an extra year before having to offer health...
Young people becoming more realistic about future long-term care needs, survey finds
Nov 06, 2013
Younger people are more informed about long-term care financing and are more likely to be saving for their future needs than older Americans, according to a recent national survey.