Healthcare, Senior Living, Economics
One of the focal areas of my consulting practice/work is assisting health care organizations in accessing sources of funding (securing financing basically) for major projects and/or new development. Given the state of the economy, most specifically the capital markets over the past eighteen months, getting funding for capital projects and/or development has been challenging, though … Read more
Over the next few days I’ll be pushing out a series of posts as my schedule permits, on the implications of health care reform for various industry segments. These are not meant as in-depth analyses, more of a “summary” of the key points. Reconciliation Act: This Bill has yet to pass the Senate and as a … Read more
I lost track this past year of how many people I talked to that told me that, “organizationally, we are kind of stalled in developing new business because of the economy and health care reform”. I know that in down economic periods, promotion budgets (advertising, sponsorships,etc.) are some of the first line items trimmed but … Read more
The Chairman of the Federal Deposit Insurance Corporation issued a statement warning that the biggest area of remaining risk for banks is commercial real estate loans. Her statement comes as a result of continued rising losses on commercial real estate loan portfolios. To date, over the past two years, banks have written off $6.2 billion … Read more
As my work is focused on healthcare and more succinctly, post-acute healthcare and senior housing, I follow overall economic trends and conditions and translate the same for the healthcare economy. As healthcare remains a private industry today, albeit one that is heavily tied to the Federal government, the general economy does impact the healthcare industry. Arguably, as with the … Read more
Earlier this year, Senator Kohl, Chair of the Senate Aging Committee, requested that the GAO study the finances, operations and governance of CCRCs. According to Kohl, seniors invest significant portions of their life savings when entering a CCRC and in many cases, little is known about CCRC operators and less is regulated in regard to … Read more
Hospice Update – Spring 09 Overview Commencing with its June 2004 report to Congress, MedPAC (Medicare Payment Advisory Commission) has been trending a series of reform recommendations to the Medicare Hospice Benefit. The Hospice benefit remains essentially intact along with its payment system since its inception in 1983. Originating from a demonstration program … Read more