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Home Health Care Named One of the Industries With the Highest Return on Equity

Posted on: November 7, 2017 by Chris Murray

A recent financial statement analysis from Sageworks, a financial information company for the private sector, revealed the fifteen industries with the highest return on equity (ROE) within the past twelve months. Return on equity is calculated by dividing annual net income by total equity (the difference between assets and liabilities), and the resulting figure is […] Read More

Posted in: blog Healthcare Home Health Care

Nursing Home Winter Liabilities

Posted on: November 3, 2017 by Chris Murray

Earlier this year, nursing homes, assisted living facilities, other businesses, and individuals found their establishments heavily damaged by severe hurricanes. Atlantic hurricane season will officially end on November 30th, and it is estimated that the probability of another hurricane or tropical storm striking the United States this final month is very low. However, residential care […] Read More

Posted in: Assisted Living Facility Insurance blog Nursing Home

Proposed Legislation Calls for New Nursing Home Requirements

Posted on: October 24, 2017 by Chris Murray

United States Representative Debbie Wasserman Schultz has proposed a new law that would require nursing homes to have generators that are capable of powering air conditioning units for at least 96 hours. Wasserman Schultz proposed the bill in Florida and cited the tragedy that occurred at the Rehabilitation Center at Hollywood Hills as a result […] Read More

Posted in: blog Nursing Home

How Assisted Living Facilities Can Reduce Workers’ Compensation Claims

Posted on: October 18, 2017 by Gerry Dumke

Ironically enough, healthcare industry workers are among the most likely to receive on-the-job injuries. Out of the over 16 million people employed in the healthcare sector, an average of 5.2 workers per every 100 will suffer a nonfatal injury each year, but the nursing home, assisted living, and residential care segment of the industry has […] Read More

Posted in: Assisted Living Facility Insurance blog Workers Comp Workers Compensation

Disaster Preparation for Assisted Living Facilities

Posted on: October 12, 2017 by Chris Murray

The past few months have seen numerous examples of devastating disasters in the United States. The back-to-back Atlantic hurricanes have left many businesses in the the southern United States and Puerto Rico destroyed or damaged, and California is currently in the midst of being struck by wildfires. For a business, being hit with a natural […] Read More

Posted in: Assisted Living Facility Insurance blog

New NCAL Report Shows an Increase in Assisted Living Regulations

Posted on: October 5, 2017 by Chris Murray

Each year, the National Center for Assisted Living releases the “Assisted Living State Regulation Review”, which provides a record of states’ requirements and regulations for licensing or certification for their assisted living facilities. Some of the requirements include the state agencies in charge of licensing assisted living, requirements for residency, admission and discharge regulations, scope […] Read More

Posted in: Assisted Living Facility Insurance blog

Common Concerns About Nursing Home Care

Posted on: October 3, 2017 by Chris Murray

For many people, making the decision to place one of their relatives in a nursing home or other facility can be a difficult one. They may not have the time or the capabilities to give their aging or otherwise impaired loved ones the care that they need, but they find it nerve-wracking to have their […] Read More

Posted in: blog Nursing Home

Professional Liabilities of Nursing Homes

Posted on: September 28, 2017 by Chris Murray

By the year 2050, it is estimated that the number of nursing home and home health care services will increase to 27 million, in comparison to 15 million in the year 2000, largely due to the Baby Boomer generation aging and preparing for retirement in the coming decade. The oldest of the Boomer generation began […] Read More

Posted in: blog Nursing Home Professional Liability Professional Liability Insurance

Misconceptions About Home Health Care

Posted on: September 25, 2017 by Chris Murray

Last week, we discussed some of the most prominent myths surrounding assisted living facilities and how they operate. According to the National Center for Health Statistics, there are almost 5 million patients making use of home care services, and there are many others who could benefit from home health care. Much like with assisted living […] Read More

Posted in: blog Home Health Care

Common Myths About Assisted Living Facilities

Posted on: September 18, 2017 by Chris Murray

From September 10-16, 2017, the National Center for Assisted Living’s National Assisted Living Week® occurred. The week has occurred annually since 1995, and was initially established to raise awareness of the work that assisted living facilities do in caring for senior citizens and patients with disabilities. Today, during the annual week assisted living facilities are […] Read More

Posted in: Assisted Living Facility Insurance blog