The recession and weak recovery are by far the biggest culprits behind recent record-slow growth in health spending, according to a new analysis. The results suggest that any relief enjoyed by employers, households or state and federal budgets as the downturn dampened...
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Long-Term Care Costs Rising
The cost of long-term care in nursing homes and assisted-living sites is increasing at a dramatic pace compared with the cost of in-home care, an annual industry survey finds. The 10th annual “cost of care” report from Genworth Financial, a seller of long-term care...
Florida Senate panel OKs bill promoting more nursing homes
TALLAHASSEE, Fla. (AP) — A Florida Senate panel on Monday advanced a bill aimed at relaxing state rules to allow more nursing homes to be built in large retirement havens. Backed by The Villages, a sprawling retirement community with more than 100,000 residents...
Home-care workers await ruling on minimum wage and overtime pay
Those awaiting the Obama administration's decision on whether to guarantee home-care workers at least the federal minimum wage and overtime pay could be in for a long summer. The Office of Management and Budget's 90-day window to review a final rule on the matter...
Abbott To Recall FreeStyle InsuLinx Glucose Meters
Diversified healthcare company Abbott Laboratories (ABT: Quote) Monday announced a voluntary recall of FreeStyle InsuLinx Blood Glucose Meters in the U.S., as it is likely to provide an inaccurate reading at 'extremely high' blood glucose levels. Abbott estimates that...
Cost of nursing home stays in New York is through the roof: study
Annual cost of private room hits a mind boggling $180,000 making Manhattan the second most expensive market Don't even think about getting old and frail in New York! The annual cost of a private room in a nursing home in Manhattan has hit a mind-boggling $180,000 a...
Prime Source Welcomes Four New Facilities
Prime Source is proud to announce that we will be working with several new healthcare facilities in New York and New Jersey. We look forward to providing their long-term care facilities with the highest level of customer service and to helping achieve their business...
Bloomberg ban on plastic-foam containers would cost healthcare industry millions
By Michael Greenfield New York City – In 2012, Mayor Michael Bloomberg introduced his first initiative to reduce the use of plastic-foam in New York. The “Trayless Tuesdays” program launched in city public schools replaced 830,000 disposable food service trays on...
Confronting the legacy of Baby Boomer long-term care
Baby boomers have a lot to answer for. The vast number of births between 1945 and 1964 necessitated an expansion of the education system, a housing boom and infrastructure investment. They helped steer America out of the Great Depression and into a fast growing...
Hospitals face dual threat if states don’t expand Medicaid
Hospitals located in states that elect not to expand their Medicaid programs could find their bottom lines squeezed in the coming years as they're hit with higher charity-care costs and fewer insured patients. A report from Moody's Investors Service estimated that the...