Despite the high costs of long-term care (LTC) insurance, more people are looking toward these assets to help them age in place within the comforts home, the New York Times reports. Much of the incentive to buy LTC insurance derives from personal experiences individuals have had with a family member living in a nursing home, […]
Category: Long Term Care
High costs of long-term care threaten to put community-based services out of reach for a majority of seniors nationwide, according to PBS interview with Dr. Bruce Chernof. Having recently been appointed to the Congress-created Long-Term Care Commission, Chernof suggests that many people associate the word “long-term care” with nursing homes. While long-term services and supports […]
Senior care no longer entails simply caring for the elderly, but a relatively new kind of group approach including people of all ages is making headway in one New York community, write the Associated Press. Fellowship Community is an adult home located 30 miles from Manhattan in Chestnut Ridge, New York, where seniors, adults and […]
A recently proposed bill will grant health care providers in Washington state legal immunity to honor the last wishes of elderly patients. If approved by the full legislature, the “do not resuscitate” bill will close a loophole for senior care providers, according to the Seattle Times. In states like Washington, facilities that care for seniors—such […]
Pennsylvania’s governor is pushing to privatize the state’s lottery management through a contract he says will provide additional money to expand and fund at-home care for seniors, reports the Post-Gazette. Gaining an estimated $50 million of additional revenue would be timely, as demand for home services grows. The state’s senior population—one of the highest in […]
Amid the variety of topics President Obama discussed in his State of the Union address Tuesday night, the Commander in Chief did touch on the need to address the rising cost of health care. Acknowledging rising costs of health care are the biggest driver of the nation’s long-term debt, Obama expressed that those who care […]
New senior care leaders were appointed today to the bipartisan Commission on Long-Term Care. The three new committee members together bring a wealth of experience in health care and senior care specifically. Appointed by Democratic Leader Nancy Pelosi, the new members include SCAN Foundation President Dr. Bruce Chernof, the Center for Medicare Advocacy’s Executive Director […]
The growing demand for home-based services in the past several years have been fueled by an ailing housing market, technological innovations and seniors’ demand to remain in their homes, according to CliftonLarsonAllen. The number of at-home programs offered by the largest 100 nonprofit senior living organizations in the U.S. grew by 32% between 2010 and […]
Spending on home health care and hospice mergers and acquisitions skyrocketed 1,872% to nearly $5.72 billion in 2012 compared to the previous year, according to Irving Levin Associates, Inc., far outpacing the rest of the healthcare industry. Dealmakers committed $143.3 billion to finance healthcare M&A activity last year, down 38% from the $231 billion spent in […]
With a growing demand for education programs in senior care management, several colleges and universities introduced programs specific to this area of study with the latest being Cambridge, Massachusetts-based Cambridge College School of Management. Cambridge College’s Senior Care Management concentration for its Master of Management degree will be available beginning in the spring of 2013 […]