Following widespread media reports citing unnamed sources that Petersen Health Care is planning to file for bankruptcy, the operator of nearly 100 care facilities in the rural Midwest confirmed to McKnight’s Long-Term Care News Thursday it has no intention of going out of business.
With half of nursing homes audited in a new process admitting to misdiagnosing schizophrenia patients, the Centers for Medicare & Medicaid Services is extending its drive to reduce the use of certain drugs intended to treat schizophrenia, psychosis and other behavioral health conditions.
Nursing home operators in New York are pressing hard to win a significant Medicaid rate increase for 2024, while at the same time, state lawmakers are moving closer to adding more oversight funding.
A quarter of survey respondents say they, or a loved one, needed long-term care in the past year, and that most older said the process of selecting long-term care caused anxiety (53%) and frustration (52%).