Largest Nursing Home Chains Provide Inferior Care & Have More Problems Related To Patient Care
Compared to non-profit and government controlled peers, big-chain nursing homes simply provide inferior patient care. Period. In one of the first studies directly comparing patient care provided by non-profits operations vs. nursing home conglomerates (the ten largest for-profit chains), an analysis conducted by University of California San Francisco (UCSF) clearly demonstrated that the facility have significantly more deficiencies that can be responsible for patients unmet medical needs and the development of serious complications such as: falls, infections, drastic weight loss and pressure sores. According to one of the studies author's Charlene Harrington, RD, PhD, there is no ambiguity in the...
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Will Steep Reimbursement Cuts To Nursing Homes Jeporadize Patient Care?
The nursing home industry is set to become a little less profitable for nursing home operators as the government seeks to trim reimbursement rates by approximately 11%. Set to take place next year, the proposed reductions cut out a huge billing opportunity that presently allows nursing homes to seek reimbursement for intensive treatments without actually proving the elevated level of care. In the article reported in Bloomberg.com, the proposed cuts to funding from Medicare, nursing homes will be required to detail more of the treatments they provide to patients. The closure of the billing bonanza will save taxpayers an estimated...
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Caring For The Elderly Pays... Especially If You Own The Nursing Home
Ask me about sports, wine, politics or the law and I feel fairly confident I can at least have a lively conversation about any of them. But please don't ask me about finance. The past year has eroded any hint of confidence I had when it comes to companies for investment. Wait a second. Maybe, I am onto something. In looking over the recent financials of the following national nursing home companies it looks as though some of the companies mentioned below are holding up fairly well in the current economic climate. As quarterly earnings are reported by many large...
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Grim Details Emerge Regarding Malnutrition In Kentucky Nursing Home
As we recently discussed, Winchester Centre for Health and Rehabilitation may lose its Medicare and Medicaid funding if it fails to correct the dangerous conditions inspectors have recently found at the facility. The federal Centers for Medicare and Medicaid Services have given the facility a February deadline to correct the problems or federal aide will be pulled and daily fines will be imposed. The Lexington Herald-Leader, ran an article detailing the deficiencies documented in recent inspections of the facility obtained via the Open Records Act. Among the more disturbing situations detailed in the report: A resident lost 87 pounds during...
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Where Will Nursing Home Residents Go When Medicare Closes Dangerous Facilities?
I was reviewing the AARPBulletintoday, and they ran a story about Kentucky nursing home that was cited for reports of alleged nursing home abuse and neglect by nursing state nursing home inspectors. Winchester Centre for Health and Rehabilitation received a Type A citation- the most serious nursing home citation a state can give-- for problems related to 'medical errors' and consequently the federal government will terminate its Medicare / Medicaid funding. According to Kathy Gannoe, executive director of the Nursing Home Ombudsman Agency of the Bluegrass, prior to issuance of the Type A citation, the Winchester received 31 resident complaints...
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