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IN THE NEWS

CVS long-term care posts Q2 loss

August 10, 2018  |  I Advance Senior Care
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CVS Health Corp. posted a $2.6 billion net loss in the second quarter after a one-time $3.9 billion charge related to its long-term care business, the company said today in a financial report.

Attis Industries acquires Quality Rx

August 10, 2018  |  I Advance Senior Care
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Attis currently offers blood and toxicology panel, molecular diagnostic, and pharmacogenetic testing services for over 200 physician clinics, long-term care facilities, hospitals, and laboratories located from California to Florida. 

Welltower promotes, Brookdale appoints, and Charter Senior living staffs in rundown of latest news

August 9, 2018  |  I Advance Senior Care
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Movers & Shakers is brought to you by the Senior Housing News Job Board.

Four Connecticut nursing homes fined

August 8, 2018  |  I Advance Senior Care
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The state Department of Public Health has fined four nursing homes following staff errors and lapses in care earlier this year.

Hospitals push home care over skilled nursing thanks to bundled payments

August 7, 2018  |  I Advance Senior Care
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The research focused on 22 hospitals that participated in lower joint replacement episodes within the Bundled Payments for Care Improvement (BPCI) program and the Comprehensive Care for Joint Replacement model.

House bill would allow groups to use telemedicine for long-term care

August 7, 2018  |  I Advance Senior Care
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Proponents say using the technology to expand care access in skilled nursing facilities (SNFs) could significantly reduce hospital admissions from by permitting Medicare to enter into value-based care arrangements with medical groups to provide care via...

Long-term, acute care hospitals see payment increase from Medicare

August 6, 2018  |  I Advance Senior Care
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Acute care providers get a payment increase from Medicare of 3% and long-term care hospitals receive an update of 1.35% in a final rule issued Thursday by the Centers for Medicare and Medicaid Services (CMS).

International panel says caregivers should focus on non-drug treatment for dementia

August 6, 2018  |  I Advance Senior Care
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An international panel of 11 clinical and research experts from around the world reviewed the most current pharmacological and non-pharmacological treatment recommendations for these symptoms in people with Alzheimer’s disease.

As tariff fears rise, so do skilled nursing facility construction costs

August 3, 2018  |  I Advance Senior Care
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A tight labor market has continued to drive up construction costs for skilled nursing facilities — and that’s before accounting for the potential effects of disruptive new tariffs from the Trump administration.

Some hospice providers neglecting patients, abusing Medicare, according to HHS report

August 2, 2018  |  I Advance Senior Care
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The report calls for the Centers for Medicare and Medicaid Services, which is a key player in the funding of hospice services, to increase its level of scrutiny to improve the detection of these problems.