News
Guaranteed income streams better predictor of retirement stability than assets
3+ hour, 18+ min ago (344+ words) Guaranteed income streams from pensions and other sources are a better predictor of long-term financial stability than nonhousing assets, according to a new issue brief published by the Employee Benefit Research Institute." Conventional wisdom has said that adults should save…...
Payments to Medicare Advantage brokers more than double to $10 billion a year
3+ hour, 19+ min ago (349+ words) Payments to Medicare Advantage brokers increased by more than double, from about $3. 9 billion in 2014 to approximately $10 billion a year in 2022, according to a research letter published online May 18 in JAMA Internal Medicine. "The analysis by Brown University researchers offers a…...
Greystone's efforts change HUD underwriting rules to benefit skilled nursing facilities in Texas, Indiana
1+ week, 15+ hour ago (691+ words) A 12-month effort led by Chris Clare and Ryan Harkins, healthcare finance experts and managing directors at the commercial real estate company Greystone, has led to a significant win for skilled nursing providers in Texas and Indiana over long-standing Housing…...
Distinctive Living, Live Well break ground ground on "new model" cottage-style senior living community
1+ week, 3+ day ago (468+ words) New Jersey-based Distinctive Living and Live Well Senior Cottages have broken ground on Live Well Cottages at Vineland, senior living geared toward middle-income older adults. The project will be developed in phases, with initial cottage neighborhoods expected to be available…...
CMS proposes 2028 Medicaid HCBS quality measures
3+ week, 3+ day ago (101+ words) The Centers for Medicare & Medicaid Services on Monday proposed a 2028 Medicaid Home and Community-Based Services Quality Measure Set that has 23 mandatory measures and three voluntary measures. The proposal is expected to be published in the Federal Register tomorrow, but a…...
Condensed CMS fraud mandate timelines for states could sweep assisted living providers into "high risk" category
3+ week, 4+ day ago (444+ words) Assisted living operators that provide Medicaid home- and community-based services to their residents could be front and center in a new federal initiative aimed at clamping down on healthcare fraud. Last week, Centers for Medicare & Medicaid Services Administrator Mehmet Oz,…...
Connect rate to value for success with prospective residents, expert advises
4+ week, 1+ day ago (723+ words) Senior living resident rate growth is slowing down after double-digit peaks following the COVID-19 pandemic, reflecting local market dynamics and pushback from consumers. One senior housing data expert said that operators who connect pricing to value for prospective residents will…...
CMS CRUSH initiative alone not sufficient to fight fraud, groups say
1+ mon, 2+ week ago (193+ words) Fraud must be rooted out, but the Comprehensive Regulations to Uncover Suspicious Healthcare, or CRUSH, initiative proposed by the Centers for Medicare & Medicaid Services alone isn't the answer, according to senior living and care industry advocates. Several associations responded when…...
Provider files for bankruptcy, citing $23 M in federal debt used to finance senior living development
1+ mon, 1+ week ago (330+ words) Morrison Hospital Association in Whitefield, NH, filed for Chapter 11 bankruptcy protection for its three senior living and care properties on Friday, citing debt from a $23 million federal loan to finance the development of one of the properties as well as…...
Partnership offers model for tech deployment in long-term care
1+ mon, 1+ week ago (729+ words) After pilot-testing its artificial intelligence-powered smart light platform in senior living communities, Nobi USA recently announced a US deployment and implementation partnership with Exordium Networks. Former senior living executive Shelley Esden, now CEO of Nobi USA, recently shared with Mc…...