As the generation born between 1946 and 1964 enters retirement and, in some cases, require long term care, the demand for long term care services will increase. Some retired beneficiaries will choose to receive care at home instead of in a nursing facility for independence, privacy, etc. As a result, job prospects for home health care professionals and visiting nursing are good. An excerpt from an article in the Miami Herald: With the U.S. population growing grayer, job prospects for home … [Read more...] about Baby Boomers and Home Health Care Providers
Search Results for: baby boom
Baby Boomers, Aging, and Long Term Care
The generation born during a period of high birth rates between 1946 and 1964 has influenced the culture in many ways. The oldest members of the "baby boomers" are around 60, and in a few years many of them will retire. As this generation ages, the demand for long term care services will increase. Rose Marie Fagan, executive director of the Pioneer Network, which "advocates and facilitates deep system change and transformation in our culture of aging," says baby boomers are already … [Read more...] about Baby Boomers, Aging, and Long Term Care
Healthcare concerns looms as Nursing provider shortage facing country intensifies
News reports have indicated that the Texas's large population of older residents, healthcare systems and assisted living facilities (ALF) could be impacted due to a nursing provider (NP) shortage facing the entire country. Central Texas and the Texas Panhandle are largely affected by the shortage of nurses. According to a Nursing Shortage Factsheet : The U.S. is projected to experience a shortage of Registered Nurses (RNs) that is expected to intensify as Baby Boomers age and the need for … [Read more...] about Healthcare concerns looms as Nursing provider shortage facing country intensifies
Elderly patients at risk at Nursing homes that overmedicate
National reports by Human rights advocates say that nursing homes are overprescribing antipsychotics to patients. According to the latest data from the federal Centers for Medicare & Medicaid Services, known as CMS, the percentage of long-term nursing home residents being given antipsychotic drugs dropped from about 24 percent in late 2011 to under 16 percent last year. Yet advocacy groups reveal that misuse of drugs remains a major problem in nursing facilities. The findings outlined in a … [Read more...] about Elderly patients at risk at Nursing homes that overmedicate
Health Care Providers See Millennials as Key to Nursing Shortage
Shortage of Nurses and nursing providers have increased as more of the population retires. Millennials, who fall between the birth years of 1982 to 2000 are the top age group that is becoming the largest group in the in-home care workforce. According to a new study published in the October edition of Health Affairs an average millennial is now 186% more likely to become a registered nurse (RN) compared to baby boomers who's generation are the ones most typically in the highest leadership … [Read more...] about Health Care Providers See Millennials as Key to Nursing Shortage
Long Term Care in Home Health
It's no surprise that the home health care industry is growing, as seniors choose to "age in place" at home instead of in nursing homes. Home health care is a long term health care option with huge growth potential, as the Baby Boom generation enters retirement. Demand for home health care will increase, but right now, the wages don't match the demand. That likely will change in the coming years. These days, home health care workers do more than provide basic services. An excerpt … [Read more...] about Long Term Care in Home Health
Skilled NF Pay-for-Performance, Home Care Growth
In 2009, we blogged about CMS's cash incentive program to improve quality of care in nursing homes. CMS asked Arizona, Mississippi, New York, and Wisconsin to participate. Facilities with the highest scores as well as the greatest performance would receive performance payment. McKnight's reports that after four years, results are mixed (apparently Mississippi chose not to participate). CMS released a report about the program's first-year results. An excerpt: Although the demonstration is … [Read more...] about Skilled NF Pay-for-Performance, Home Care Growth
Private Home Health Care Profitable
The Baby Boom generation will be a business boom, indeed. According to USA Today, home health is a very profitable franchise for several reasons. The children of aging parents who need care work, so fewer are available to provide full-time home care for parents and other relatives. If the franchise is so profitable now, imagine how lucrative it will be in the next 10-20 years. Michelle Rowan, president of a market research firm that released a report about the booming business, attributes … [Read more...] about Private Home Health Care Profitable
Obama’s 2013 Budget: Reduced Reimbursements
Once again providers will bear the brunt of budget cuts. The Obama administration's FY 2013 budget, released Monday, would cut spending on Medicare and Medicaid by close to $360 billion over the next 10 years, and most of the reduction is to providers and drug companies. Additionally, to compensate for ever-shrinking funds, the Obama administration proposed to raise Medicare premiums for retirees and higher-income seniors beginning in 2017. (Associated Press) The budget will become even … [Read more...] about Obama’s 2013 Budget: Reduced Reimbursements
Medicare: Physicians, Home Health Cuts
Unless Congress decides otherwise by January 1, physicians will face a 27.4 percent cut in Medicare reimbursement fees. From the AP: No one expects lawmakers to allow the axe to fall, but 48 million beneficiaries and their doctors are looking on nervously. Temporary reprieves have created a recurring problem that gets harder and harder to fix. A 1990s budget law called for automatic cuts to doctors if Medicare costs kept rising. Congress has issued so many waivers that a permanent fix would … [Read more...] about Medicare: Physicians, Home Health Cuts
