Finance | I Advance Senior Care Skip to content Skip to navigation

Finance

DC, Virginia long-term care costs steadily rising

November 27, 2018  |  I Advance Senior Care
article

The Richmond Times-Dispatch reports that a report shows the median annual cost of a private room in a nursing home went up nearly 7.7 percent to $102,200 from 2017 to 2018.

Investors keep buying into skilled nursing facilities

November 27, 2018  |  I Advance Senior Care
article

Investment in skilled nursing facilities hasn’t slowed down despite persistent dark clouds surrounding the industry’s outlook.

Improper pay rates down $4.59 billions, CMS says

November 20, 2018  |  I Advance Senior Care
article

 A sharp drop in home health improper payments, in particular, is a big part of the reason why.

PharmScript acquires Doehring's LTC Pharmacy

November 20, 2018  |  I Advance Senior Care
article

"PharmScript is excited to build on its momentum in the Midwest with the acquisition of Doehring's," said Michael Segal, CEO of PharmScript.

Market leads providers to expect spike in insurance costs

November 15, 2018  |  I Advance Senior Care
article

Liability insurance rates for senior living and long-term care (LTC) providers are expected to go up anywhere from 5% to 30% in 2019.

Non-profit nursing homes sales draw focus from NY Charities Bureau

November 9, 2018  |  I Advance Senior Care
article

The state’s Charities Bureau this month released new guidance governing the sale of non-profit nursing homes to for-profit entities, citing concerns that the deals often fail to benefit vulnerable nursing home residents.

Ohio nursing home receives $100k loan, may not be enough

November 1, 2018  |  I Advance Senior Care
article

What has become an annual loan from the general fund to the county-run nursing home is lower this year but still necessary, officials say.

Bonds approved for $135 million dollar Georgia retirement community

November 1, 2018  |  I Advance Senior Care
article

Berry broke ground on the 170-unit community earlier this month and the first units are expected to be built and ready in 2020.

Lancaster Pollard closes loans in total of more than $600 million

October 31, 2018  |  I Advance Senior Care
article

Of the total closed through the program, the Columbus, Ohio-based lender logged 35 for skilled nursing facilities, for a total value of around $349.4 million and an average bed count of 125 per facility.

Intellitec releases Senior Living Accounting 365

October 29, 2018  |  I Advance Senior Care
article

Senior Living Accounting 365 is entirely cloud-based, and is built on the Microsoft Dynamics 365 Business Central platform.

Cost of assisted living rises for residents

October 22, 2018  |  I Advance Senior Care
article

The annual cost of a private room in a nursing home has cracked the six-figure mark, according to Genworth Financial.

The latest nursing home sales and openings

October 12, 2018  |  I Advance Senior Care
article

Evans Senior Investments represented the seller in the sale of two New Jersey skilled nursing facilities for $31.5 million, or *$190,000 per bed.

Pages

Subscribe to Finance