Months after trying unsuccessfully to ban the pre-dispute arbitration agreements in long-term care, the Centers for Medicare & Medicaid Services (CMS) is now proposing that the controversial practice be allowed after all. CMS’ new proposed rule was published in a Federal Register document on Monday afternoon. It comes after skilled nursing providers pushed back against […]
Just 33% of older Americans have saved any money to pay for their own long-term care, including skilled nursing. Perhaps relatedly, most Americans believe the federal government should help pay for their care in old age, according to a recent survey. More than half of Americans 40 and older believe the federal government should devote “a […]
The word “Symphony” is not music to the ears of nonprofit post-acute skilled care providers in the Chicago area. That’s because the Chicago-based, for-profit post-acute care operator poses major competition for several not-for-profits in Chicagoland. There, Symphony operates most of its 28 properties, including some newer buildings that are state-of-the art. Now, though, not-for-profit post-acute providers have a plan […]
