Tagged with Business

Wait list for Home Attendant Service in MA

Wait list for Home Attendant Service in MA

Unsurprising story from Massachusetts about fiscal realities today; a growing elderly population and the inability of state social services to provide for all of them. The secretary of elder affairs said ” a lot of what we do is try and keep people from entering nursing homes.”

Profits in Hospice Care under Scrutiny

Profits in Hospice Care under Scrutiny

Hospice homes are designed as the last stop for terminally ill patients, those with six months or less to live. This story from Bloomberg.com looks at the growth in private hospice care,  private equity firms in the industry, the incentives some companies used to keep hospice beds full, Medicare reimbursement rates and the increase in lengthy stays … Continue reading

Skilled Nursing Facilites – not as bad as they seem??

National Research Corporation 2011-2012 Survey of Customer and Employee Satisfaction Rate. Residents and their families ranked current nursing home as “good” or “excellent” 89% and 87% respectively. Residents rated safety of facility highest (93%) while families rated the respect of staff (92%) highest. Employees (of which 60% are nurses or nurse aides) of skilled nursing homes … Continue reading

Does Long-Term Care Insurance Make Sense?

Does Long-Term Care Insurance Make Sense?

Most assisted living facilities contain a financial page on their website, to answer questions about paying for their services. Long-Term Care (LTC) Insurance is usually mentioned as one of a few ways to meet the substantial cost of care. In the last two years, Met Life and Prudential have stopped accepting new customers seeking LTC … Continue reading