Long-term care could use a new vanguard
Much has improved since I began covering this field in 1990. But, sadly, one discomforting reality remains. And if anything, it’s gotten worse.
Nonprofit
Tax bill reveals a great divide in long-term care
One of the more interesting aspects of the epic battle over the tax reform bill has been this sector’s response. One major long-term care organization continues to blast proposed changes while the other has remained largely silent.
Merger of ABHOW and be.group will create nonprofit LTC giant
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 providers face alarming market forces, must rally, LeadingAge chairman says
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.
Bad news, good ideas
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.
The Sorting Hat and a new option
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.
Nursing home officers, board members see claims reinstated against them for bankrupt facility
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.
Erickson, Sunrise suffer tragic fates
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 sees a shadow: One more tough year for nonprofits
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.
Long-term care reform tops agenda at AAHSA spring conference
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.
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