What is the risk of Covid among nursing home residents now? Well, it depends. Some facilities never had a problem with the coronavirus because they were well-trained, well-stocked, and safe staffed. However, the vast majority were unprepared and unsafe. After analyzing data collected about COVID cases among Medicare recipients (“beneficiaries”) between March 1 and Dec.
Occupancy and Safe Staffing The pandemic diminished occupancy rates. However, occupancy in nursing homes have been steadily declining since the late 1970s. Back then, occupancy was 93 percent of nursing home beds nationally. Occupancy should be higher based on demographics alone. Mark Parkinson is president and CEO of the American Health Care Association (AHCA). The
Medical News Today reported some fantastic news on a new study on Alzheimer’s. Alzheimer’s disease is a neurodegenerative condition affecting parts of the brain associated with memory, thought, and language. Its symptoms range from mild memory loss to the inability to hold conversations to environmental disorientation and mood changes. Research has suggested that various factors
The Department of Justice announced criminal charges against 42 medical professionals and other people for alleged $1.4 billion health-care fraud. Twenty-three doctors were charged in the illegal schemes. The cases involve the use of telemedicine services as part of the fraud. Telemedicine employs communications technology to evaluate and treat patients remotely. Telemedicine accounted for approximately
The federal government keeps wasting more money on the failing nursing home industry. After giving billions of taxpayer money to for-profit nursing homes that did a terrible job during the pandemic, we are gonna do it again. We are literally throwing taxpayer money to these profitable private companies. DHHS will spend an additional $25.5 billion
Triple Net Leases Omega Healthcare Investors (NYSE: OHI) owns nursing homes. 2020 was a rough year for the senior housing operators that REIT Omega Healthcare counts as tenants. The REIT managed to survive the pandemic despite low occupancy rates. In fact, Omega was able to maintain its dividend despite the pandemic. How? It is a result of
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