Literature Review

Well-being of older adults, workforce prioritized in executive orderMcKnights Senior Living, by Kimberly Bonvissuto; 1/8/24The well-being of older adults and members of the direct care workforce has become a top priority in Maryland with the recent signing of an executive order meant to address challenges related to the state’s aging population. Senior living industry representatives say the effort has “tremendous” potential for operators in the state.

Lamar Hospice receives large donationsThe Prowers Journal, by Russ Baldwin; 1/8/24The Lamar Area Hospice Association was recently the beneficiary of two large and generous donations, totaling $66,000; presented to them by the Lamar Hospice Fundraising Committee.

Home health is fastest-growing component of national health spendingMcKnights Senior Living, by Kathleen Steele Gaivin; 1/8/24Year-over-year growth in the home health space was 13.5% in October, making it the fastest-growing component of national health spending, according to Altarum’s monthly Health Sector Economic Indicators brief, released Thursday. 

How to ensure your passwords don't die with youCyberGuy Report, by Kurt Knutsson; 1/7/24As technology becomes more integrated into our lives, we need to consider how it affects our legacy and our loved ones. There are some uncomfortable but necessary end-of-life conversations we should all have with our loved ones, but passwords usually aren’t one of them. Yet with so much of our professional, personal and financial life online, it is more important now to include how to handle your digital life in those conversations.  

7 health tech predictions for 2024 McKnights Home Care, by Patrick Tarnowski; 1/4/24... Here are a few trends that will drive health tech’s focus on clinician support in 2024:

Grief counseling

Hospice care advocate aims to increase awareness, reduce stigma surrounding industryMcKnights Home Care, by Foster Stubbs; 1/8/24“I think we all know that the population over age 65 in the United States is growing at a rapid pace,” Thomson, DO and chief medical officer of Four Seasons, a nonprofit hospice and palliative care provider serving 13 western North Carolina counties, told McKnight’s Home Care Daily Pulse. ... However, Thomson understands that the scrutiny hospice care can receive may drive families away from considering it as an option. She has used her position on the public policy committee at the American Academy of Hospice and Palliative Medicine to help create effective vetting and regulatory procedures for the hospice industry. She believes more thorough regulation will ensure fewer bad actors. 

The income gap jeopardizing retirement for millionsThe New York Times, by Paula Span; 1/6/24Paula Span explores the unprecedented challenges posed by a rapidly aging population.

About 10 percent of Medicare home health providers do not use EHRs, study findsMcKnights Home Care, by Adam Healy; 1/3/24Home health agencies that do not have electronic health record (EHR) systems in place are at a disadvantage, but many still lack this technology, according to a recent study published in the journal Home Health Care Management and Practice. Among a sample of  more than 1,500 Medicare home health providers, about 10% did not use EHRs. 

How technology is shaping the value-based care evolutionMcKnights Long-Term Care News, 1/4/24Podcast - Join us as we explore the transformative influence of technology on the evolution of value-based care. Leaders from MatrixCare, a key technology solution, and Mark Parkinson, President of AHCA, join us to discuss the challenges faced by post-acute providers in the ever-changing world of value-based care.

How hospice, behavioral health can team up for caregiver supportHospice News, by Holly Vossel; 1/6/24“We are officially living in that sandwich generation where so many of us actually are caregivers, taking care of our children, sometimes even the parent is now taking care of two generations, ..."

Memorial Hermann drops Humana Medicare AdvantageBecker's Payer Issues, by Jakob Emerson; 1/4/24Houston-based Memorial Hermann Health System is no longer in network with Humana's Medicare Advantage plans, effective Jan. 1. The 17-hospital system told Houston Public Media that it continues to participate in Humana's commercial network. Humana told the outlet that its Medicare Advantage members who are actively receiving treatment at Memorial facilities, can "continue care until treatment is completed." In November, Memorial Hermann issued termination notices after the reimbursement dispute came to an impasse. It is unclear how many people are affected by the dispute. Along with its hospitals, Memorial has 6,700 affiliated physicians across 260 care delivery sites. Humana is the country's second largest MA insurer, with 5.9 million members as of Nov. 1.

Cap rates increase by 74 basis points across all segments of senior living and careMcKnights Senior Living, by Kathleen Steele Gaivin, 1/3/24The average senior housing and care capitalization rate across all segments increased by 74 basis points between April and October, according to results of the 13th edition of CBRE’s US Senior Housing & Care Investor Survey for the second half of 2023. An April survey had found that cap rates had increased for all sectors but skilled nursing. The commercial real estate services and investment company sought feedback from senior housing investors, developers, lenders and brokers throughout the United States. The survey was conducted in October, and results were released in December.