The Centers for Medicare & Medicaid Services recently told the nursing home industry that more relief from so-called red tape is coming. While the industry may view news of further deregulation as a win after years of playing the victim, they should be careful what they wish for. Everyone suffers when regulations are stripped, not just residents.
The American Prospect had an interesting article about the incredibly profitable insurance industry. If not for the power of insurance float, the empire of Warren Buffett’s Berkshire Hathaway would not exist. Insurance float is the profit earned in the period of time between collecting premiums and before payouts to clients. The longer they delay paying
Skilled nursing facility operator Ensign Group is quick to peddle its lies according to a new report. They boast of their so-called “industry-leading” clinical outcomes and mislead by claiming they have a “strong history of quickly improving the quality of care.” The actual truth is far from the pleasant masquerade that glosses facility websites. Cheryle
A new report from the HHS Office of Inspector General exposes a dangerous weakness in nursing home emergency preparedness: most facilities reviewed did not have adequate or reliable emergency power systems. OIG found emergency power deficiencies in 72 of 100 sampled nursing homes and estimated that nearly three-fourths of nursing homes nationwide may have inadequate