Dementia care spending to hit $277 billion, in-home services grow

Skilled Nursing News (03/20/2018) – In 2018, the total cost of care for people with Alzheimer’s and other dementias is projected to reach $277 billion. That figure is expected to keep ballooning in coming years and decades, and a growing proportion of spending has been going toward in-home care. Full story »

Report predicts ‘bright future’ for nursing homes — with caveats

McKnight's (03/20/2018) – Despite falling occupancy and mounting Medicare payment pressures, a national consulting firm says some providers are poised to benefit from the changing industry by 2020. Full story »

How one nursing home hopes to end ‘yo-yo effect’ of rehospitalization

Buffalo News (03/20/2018) – The new complex medical care unit at Garden Gate Health Care Facility in Cheektowaga looks more like a hospital cardiac wing than a nursing home. Full story »

Spotting Alzheimer’s early could save America $7.9 trillion

Bloomberg (03/19/2018) – A new report says the cost of care will increase by $20 billion in just one year. While there’s no cure, quicker diagnosis might lower the price tag. Full story »

Study: Seniors more comfortable planning funerals than care

AZ Big Media (03/18/2018) – In today’s share-everything culture, final years planning might seem like the last taboo. In an effort to avoid the topic, seniors and their adult children often do not take the necessary steps to plan for their final years of life, which include getting financial affairs in order and creating plans for care in case of declining health. Full story »

CNA shortage an age-old problem

Champaign/Urbana News-Gazette (03/18/2018) – They take vital signs and help sick and elderly people with the functions of daily living. And they're in huge demand. Full story »

Long-term care costs could reach $5.6 trillion by 2047: report

McKnight's (03/15/2018) – The lifetime cost of paid long-term care for those aged 70 or more years collectively could swell to $5.6 trillion by the year 2047, according to a study released Thursday by professional services firm pricewaterhouseCoopers. Full story »

Fewer hospitalizations reduced skilled nursing facility use by 15%

RevCycleIntelligence (03/20/2018) – Skilled nursing facility use declined since 2009 as hospitals reduced their inpatient costs under value-based reimbursement models, an analysis showed. Full story »

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