News Throughout the Spectrum of Aging Services
Assisted Living Communities/Personal Care Homes
Opportunities Exist, But So Do Threats in the Assisted Living Marketplace
Shep Roylance, Senior Vice President of JCH Consulting Group, a full-service real estate brokerage company and Senior Housing Forum partner, believes there are some acquisition opportunities in the assisted living market, but sees a threat posed by new development.
Assisted Living Operators Facing Greater Liability Risks, Report Authors Warn
Assisted living operators have good reason to recoil at results of a recent study revealing aging services insurance claims, researchers say. That's because assisted living claims are paying out more than skilled nursing claims, on average — and there's a high
probability the trend is only going to get worse, they noted. Although claims against skilled nursing operators are more numerous, assisted living facilities paid more per closed claim, on average, from 2011 to 2015. The gap was almost $9,000 — $221,496 to $212,766, according to CNA's "Aging Services 2016 Claim Report."
Where Assisted Living is the Most and Least Expensive: Survey
Average monthly assisted living costs range from $3,051 for a studio apartment in Louisiana to $6,936 for a two-bedroom apartment in Delaware, according to the state results of Lincoln Financial Group's annual What Care Costs study, released Wednesday.
For a studio apartment in assisted living, the most expensive states, based on average costs, are Massachusetts ($5,674 monthly), Alaska ($5,634) and New Jersey ($5,604), according to the study. Least expensive are Louisiana ($3,051), Mississippi ($3,153) and Alabama ($3,258). The national monthly average is $4,027.
Federally Assisted Housing (HUD-Subsidized)
HUD Launches $15 Million Test of Enhanced Supportive Services
Forty Department of Housing and Urban Development-assisted senior housing
developments in seven states will split $15 million in grants as they test the ability of an enhanced supportive services model to help elderly residents age in place and stay out of emergency departments, hospitals and nursing homes.
CFAR Will Help Implement HUD's Housing Plus Services Demonstration
The Lewin Group, LeadingAge Center for Applied Research (CFAR), and National Center for Healthy Housing have been selected by the U.S. Department of Housing and Urban Development (HUD) to serve as the Implementation Team for a major new randomized control trial testing a service-enriched housing model for low-income older adults.
Forty HUD-assisted senior housing properties have been selected to participate as intervention sites in the 3-year Supportive Services Demonstration for Elderly Households in HUD-Assisted Multifamily Housing.
"This project provides a tremendous opportunity to learn more about how to best implement housing plus services strategies, and to build the evidence base for interventions that allow low-income seniors to remain healthy and independent in their homes and communities while saving health care dollars" says Alisha Sanders, director of housing & services policy research at LeadingAge.
Home and Community Based Services
Harvard: Home Care Yields Biggest Savings in ACOs
At-home care agencies have long expressed the desire to join accountable care
organizations (ACOs), despite not necessarily being invited to sit at the ACO table. Still, there's evidence that including at-home care would benefit ACOs in more ways than one. In fact, increasing use of at-home care plays a major role in the ability of ACOs to cut costs, according to a study recently published in JAMA Internal Medicine.
Life Plan Community (CCRC)
It's all in the name: Life. Plan. Community.
Even as they think about retirement—or, more likely, self-reinvention—the boomers have no intention of retreating. They want to get the most out of every moment, maintaining excellent health while looking forward to new possibilities and planning for the active lives they choose to lead. As senior living communities expand and evolve to accommodate these younger older adults, it's time to reconsider the Continuing Care Retirement Community (CCRC). Two years ago, LeadingAge formed the NameStorm task force to determine whether and how to evolve the CCRC name and brand. After listening to hundreds of consumers and industry professionals, the task force selected Life Plan Community as the new category name.
We have a new page on our website to feature CCRCs/Life Plan Communities. This new page lists all CCRC/Life Plan Community (LPC) members, basic information, and the background of the name change.
Please see the press release and forward it to media outlets in your local areas. Additionally, please visit the national website to list your community on the national website. There will be a lot of ongoing press about this and it is a good source of PR for your community.
Link Between Sleep and Cognitive Impairment in the Elderly Daytime sleepiness is very common in the elderly with prevalence rates of up to 50 percent. Caused by sleep-disordered breathing (SDB), a disruption of normal breathing during sleep, these cause recurrent awakenings and subsequent excessive daytime sleepiness. In an editorial in the current issue of Neurology, a Boston University School of Medicine (BUSM) researcher stresses that it is now time for physicians to consider the association between these sleep conditions and cognitive impairment in the elderly.
How One University is Taking on the Biggest Home Care Staffing Issue Programs stemming from Michigan State University are tackling huge problems in home health care. And one grant-funded pilot program is aiming to improve the caregiver shortage as demand continues to rise. With nearly $900,000 in grants from the Michigan Health Endowment Fund (MHEF), two MSU professors—Clare Luz, PhD, an assistant professor of family medicine, and Joan Ilardo, PhD, director of research initiatives at MSU's College of Human Medicine—will engage in separate but complementary programs to better enable home care in their state, and possibly elsewhere in the future.
Medical Marijuana Company Looking to Nursing Homes as Potential Customers A New York company that grows and sells medical marijuana is attempting to tap into the skilled nursing industry to find new customers. The state launched its medical marijuana program over a year ago, the New York Daily News reported, but the market has been tough since few patients and doctors are willing to complete the registration process. Etain, one of the companies licensed by the state to grow and distribute marijuana, has turned to nursing homes and other long-term care facilities to provide medical marijuana services and find new customers.
New LeadingAge Grant Will Fund Annual Award for Health Equity LeadingAge has been awarded a 6-year, $52,000 grant from the Robert Wood Johnson Foundation (RWJF) to help establish an annual Award for Health Equity. Each year's award winner will receive $3,000. The RWJF grant is designed to help national nonprofit membership organizations honor individuals using systems changes to address health disparities and work toward achieving health equity within their communities. Eight other organizations also received a RWJF grant and will establish an Award for Health Equity.
Greitens' Budget Proposes Cuts to 20,000 Seniors and People with Disabilities Nonprofit organizations that serve seniors and people with disabilities say their clients would be harmed by Gov. Eric Greitens' proposed cuts to assistance programs. The governor's proposed budget would raise the eligibility requirement for Medicaid recipients who receive coverage for nursing home care or consumer-directed services provided in the home, according to Dan Haug, the state's acting budget director. He told reporters this month that the move would affect 20,000 people who currently qualify for the care, and save the state $52 million a year.
Medicaid Block Grants Could Take $150 Billion Out of Play, Study Shows A recent proposal to fund the Medicaid program through block grants could result in $150 billion in savings for the federal government, according to a new study. That analysis, published February 6th by Avalere, found that converting Medicaid to block grants — where each state would receive a fix amount of money for the program — could cut Medicaid spending by $150 billion over five years. Switching Medicaid to per capita caps, which would deliver a fixed amount of money for each beneficiary, would trim $110 billion from the program's spending over five years.
Bundled Payment Programs Curbed Unnecessary Care, Costs, over 4-year Period, Report Asserts Value-based care models, including bundled payments for hip and knee replacements, reduce costs and unnecessary care, according to a new analysis. The Altarum Institute's Center for Payment Innovation authors — which include Patrick Conway, M.D., Deputy Administrator for Innovation & Quality and the Chief Medical Officer at the Centers for Medicare & Medicaid Services — examined Medicare Part A Claims and hospitals participating in the Bundled Payment for Care Improvement program from 2011 to 2015.
Advocates 'Shocked' at Medicaid Proposals' Potential Impact on Nursing Facilities
Advocates for seniors were stunned when they learned that a Medicaid overhaul proposal may be included in a bill to replace the Affordable Care Act, one group leader reported Wednesday.
Howard Bedlin, vice president of public policy and advocacy for the National Council on Aging, spoke during a media call that brought together leaders of advocacy groups to discuss changes to the Medicaid program recently proposed by lawmakers. Groups on the call also included the National Association of Councils on Developmental Disabilities, the American Cancer Society Cancer Action Network and First Focus, a children's advocacy organization.
"Frankly we were shocked when we learned that the House wants to include a Medicaid proposal that represents the biggest change in the history of the program in the bill to repeal and replace the Affordable Care Act, since these issues are completely unrelated," Bedlin said.
Why 55-Plus 'Senior Living' Needs a Rebrand
It's time to set the record straight: "55-plus senior living communities" are a myth. These so-called "independent living communities" are advertised as appealing to a younger demographic of seniors, with lively, fit 60-year-olds often seen playing sports and socializing in their marketing materials. Yes, these communities exist, and yes, their residents are over 55—but, in most cases, they were 55 at least 15 years ago.
U.S. Healthcare Costs to Escalate Over Next Decade
The cost of medical care in the United States is expected to grow at a faster clip over the next decade and overall health spending growth will outpace that of the gross domestic product, a U.S. government health agency said on Wednesday.
A report by the U.S. Centers for Medicare and Medicaid Services (CMS) cited the aging of the enormous baby boom generation and overall economic inflation as prime contributors to the projected increase in healthcare spending.
How Technologies Can Help Elders Age at Home
As the baby boomers roll into their golden years, families and caregivers are looking for ways to ensure that their loved ones are safe and well cared for. For some folks, that will mean regular monitoring for chronic health conditions. For others, it may mean help getting to doctor visits or with daily activities. Technologies that allow individuals to age in place can help to ease the transition to old age by avoiding unnecessary visits to the emergency room or costly nursing home says and improving overall quality of living.
New App Seeks to Detect Early Dementia
Although the incidence of Alzheimer's threatens to approach epidemic proportions, the complex nature of the disease makes it difficult to understand and predict until it is too late. Boston University professor and neuropsychologist Rhoda Au is trying to remedy this challenge through the use of wearable digital devices.
Programs for End-of-Life Planning, EHR Named Winners of HHS Data Challenge A program aimed at sharing patients' end of life plans is among the winners in the latest phase of the Department of Health and Human Services' "Move Health Data Forward Challenge."
The winners announced Tuesday range from a smartphone app that allow patients to grant providers permissions to access and share their health data, to a system that aims to use data sharing to reduce healthcare costs. Also included in the Phase 2 round of winners is Live and Leave Well, a program that creates a data package with a patient's end of life plans and allows it to be shared throughout multiple systems.