The Labor Department reported that there were 201,000 jobs created in the U.S. economy in August, above the consensus expectation of 190,000. However, revisions subtracted 50,000 to the prior two months as June was revised to 208,000 from 224,000 and July was revised to 147,000 from 157,000. Payrolls have averaged 207,000 per month so far this year, up from 182,000…
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UnemploymentOn Christmas Eve, the New York Times published an
article describing measures the Centers for Medicare and Medicaid (CMS) took during 2017 to reduce fines levied against skilled nursing properties. The skilled nursing industry may view this change as a welcome respite from real or perceived government over-regulation, especially in an era of downward pressure on occupancy and constrained budgets.…
If you serve, plan to serve, or invest in skilled nursing properties that serve Medicare and Medicaid recipients, this is a good blog post to pay attention to.
On September 24, the Centers for Medicare and Medicaid (CMS) released a
final rule that increases regulations on nursing homes that care for Medicare and Medicaid residents, as the vast majority of…
