They found Bonnie Walker in a pond behind her assisted living facility in South Carolina. There were puncture wounds on her ear, her temple, her jaw and her cheeks. Her pacemaker was inside one of the alligators that lived in the pond. Like four in 10 residents in assisted living facilities, Ms. Walker, 90, suffered […]
Medicaid Assisted Living Services, Improved Federal Oversight of Beneficiary Health and Welfare Is Needed
What GAO Found State Medicaid agencies in 48 states that covered assisted living services reported spending more than $10 billion (federal and state) on assisted living services in 2014. These 48 states reported covering these services for more than 330,000 beneficiaries through more than 130 different programs. Most programs were operated under Medicaid waivers that […]
Assisted Living, SNF Prices Reach Record Highs
The last year was marked by sky-high prices and low cap rates as reported by senior housing real estate investment trusts (REITs) in quarterly earnings calls, and now the numbers prove that perhaps they’ve been holding off on deals with reason. The average price for skilled nursing facilities soared to a new record of $85,900 per […]
Assisted Living Providers: Some Sinking Under Florida’s SMMC LTC Program
A $1 bill can only be stretched so far, 100 pennies still have only a $1 value, 1+1 simply does not = 3, 4 or 5. Perhaps somewhere, planning early on in this rather large and complicated undertaking, there was a simple miscalculation. When considering the ginormous task of developing and implementing such a program, […]