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Home > Long Term Care News

Long Term Care News Feb 2011

Long-Term Care Program Needs Changes, Officials Say
A program to help people with illness and disabilities to stay in their homes is too costly, Obama officials now say. (Mon, 21 Feb 2011 14:39:02 -0800)

Northwestern Mutual Study Details Long-Term Care Costs in North Carolina
RALEIGH, NC, FEBRUARY 24, 2011 – Northwestern Mutual released its 2010 Cost of Long-Term Care study, which examines costs for home health care providers, assisted living facilities and nursing homes across the country. (Sun, 27 Feb 2011 22:23:59 -0800)

Commission urges $6.3b care scheme
SEVERELY disabled people would be guaranteed long-term care under a scheme costing every Australian $280 to transform the current ''underfunded, fragmented, unfair and inefficient'' system, a draft plan by the Productivity Commission has proposed. (Mon, 28 Feb 2011 05:09:06 -0800)

Guarantee of long-term care for disabled
Severely disabled people would be guaranteed long-term care under a Productivity Commission plan costing every Australian $280. (Mon, 28 Feb 2011 05:09:52 -0800)

Wyncrest Group Adds Long Term Care to Atlantis Group Portfolio
CHICAGO, IL--(Marketwire - February 28, 2011) - Wyncrest Group, Inc. ( PINKSHEETS : WNCG ), a growing financial services organization, added a powerful new Long Term Care product to the Atlantis Financial Group portfolio of products, known as GoldenCare USA. Atlantis Financial Group is a division of Wyncrest's Southwest Financial Group. (Mon, 28 Feb 2011 09:23:06 -0800)

Health Care REIT, Inc. to Acquire the Real Estate Assets of Genesis HealthCare for $2.4 Billion
TOLEDO, Ohio--(BUSINESS WIRE)--Health Care REIT, Inc. (NYSE:HCN) announced that it has signed a definitive agreement to acquire substantially all of the real estate assets of privately-owned Genesis HealthCare (Genesis), a leading provider of short-term post-acute, rehabilitation, assisted living and long-term care services, for a purchase price of $2.4 billion. Genesis’ highly respected and ... (Mon, 28 Feb 2011 13:08:13 -0800)

PointClickCare Receives Strategic Growth Investment From JMI Equity
MISSISSAUGA, Ontario, Feb. 28, 2011 /PRNewswire/ -- PointClickCare, the fastest growing electronic health record (EHR) platform for the long-term care industry, today announced that it has received a minority strategic investment from Baltimore- and San Diego-based JMI Equity, a leading software and healthcare IT growth equity firm. With the investment, JMI Equity will work with the ... (Mon, 28 Feb 2011 13:10:13 -0800)

Appearing on Fox and CNBC TV, Denise Gott, Long-Term Care Expert, Will Reveal Alarming 'Awareness Gap'
KIRKLAND, Wash., Feb. 28, 2011 /PRNewswire/ -- According to the U.S. Department of Health and Human Services, at least 70% of Americans over 65 will need long-term care services at some point. And Prudential Financial Inc. notes that 74% of consumers age 55 to 65 (about three in every four of us) polled for a recent survey said they are concerned about needing some kind of long-term care. "Yet ... (Mon, 28 Feb 2011 19:10:18 -0800)

Health Care REIT signs definitive agreement to acquire Genesis for $2.4 billion
Health Care REIT, Inc. announced that it has signed a definitive agreement to acquire substantially all of the real estate assets of privately-owned Genesis HealthCare, a leading provider of short-term post-acute, rehabilitation, assisted living and long-term care services, for a purchase price of $2.4 billion. (Mon, 28 Feb 2011 20:32:35 -0800)

Medicare won't pay nursing home care
KIRKLAND, Wash., March 1 (UPI) -- Most baby boomers don't know that Medicare or private health insurance do not cover nursing home care, a long-term care insurance agency executive says. (Mon, 28 Feb 2011 23:00:35 -0800)


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