Healthcare, Senior Living, Economics
Happy Monday! As summer begins to wind down, I figured an update on senior living marketing (rates, incentives, referrals, resident movement) was in order. The data I have comes primarily from NIC (National Investment Center) and Bild and Company (a senior living marketing firm) and it covers the first half of the year. Occupancy gains … Read more
The Centers for Medicare & Medicaid Services (CMS) produced its Hospice 2025 Final Rule (last week), including a 2.9% increase in per diem payments plus new quality reporting measures. The full text of the final rule is available here: Hospice Final Rule 2025 The increase signifies an estimated rise of $790 million in total hospice … Read more
Not too long ago, I wrote a post regarding federal legislative activity seeking to impose regulation on Private Equity firms investing in senior living organizations (SNFs, home health, hospice, assisted living). That post is available here: https://rhislop3.com/2024/06/13/private-equity-investment-in-nursing-home-sector-generates-regulatory-scrutiny/ That post focused on a bill known as the Corporate Crimes Against Health Care Act of 2024 aims … Read more
Now that it appears Kamala Harris will be the Democrat Presidential candidate, a look at her stance on various issues healthcare aka, her health policy, is timely. Important to note at his juncture, however, is that candidate Harris has not taken clear stakes on many current healthcare issues as Vice President, her roles were more … Read more
According to a recent Gallup study, 42% of employees who left their jobs believe management could have prevented their departure. The study also found that as of May, over half of U.S. workers, 51%, are actively looking for new employment opportunities. Gallup highlighted the substantial cost of employee turnover, noting that the expense of replacing … Read more
According to data released by NIC (National Investment Center) last week, senior living occupancies ticked up in the first quarter. This is a trend that has continued since the pandemic occupancy “crash”. Other economic data, however, suggest that challenges remain for continued growth, especially within the CCRC/Life Plan sector. The NIC data is here: 2Q24-NIC-MAP-Market-Fundamentals … Read more
Two recently proposed rules from OHSA may have (likely) impact for healthcare and senior living providers. The Department of Labor regulatory agenda is here: Agency Rule List – Spring 2024 (reginfo.gov) The proposed OHSA rules are expected to be released by the end of the year, which could significantly impact senior living providers. The first … Read more
Readers/followers of this stie know that all content on here is basically unique, except where noted, and written by me. While I do borrow/repost data, charts, etc., the stuff here is basically original. This post is my first, and maybe not my last, deviation. It was too good not to share. It comes from this … Read more
Earlier this week, JAMA (Journal of American Medical Association) published a summary article on interventions to prevent/reduce falls in community-based (non-institutionalized) seniors. The core focus of the article is about preventing falls in seniors. The article is available here: jama fall prevention in older adullts As regular readers know, I don’t write a great deal … Read more
Last week, a report from NIC (National Investment Conference) dropped covering the fourth quarter (2023) lending activity in senior living. As in prior quarters, capital access remains challenged. Data for the report came from 17 lenders, including banks, commercial real estate services, financial services companies, government sources, investment management firms, and real estate investment trusts. … Read more