Read for 5 minutesAging in New Jersey and Living on Bonds: Video”We need to be more thoughtful and creative and committed to caring for people at age-appropriate,” says Elizabeth Davis of Brightside Manor.Tariq Zehawi and Scott Fallon, Northjersey.comNJ's Medicaid program has taxpayers $24 billion: $14 billion from the federal government and $100 billion in state budget. Congressional representatives are looking to extend federal tax cuts in 2017 by cutting $2 trillion from the federal budget.Whenever Elizabeth Davis walks through the hallways of Brightside Manor, the Teenx Assist Living Facilities she runs, she sees the impact of Medicaid money — in…
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R1 and Palantir Technologies (NASDAQ:PLTR) have partnered to launch R37, an advanced AI lab focused on transforming healthcare financial performance. The collaboration combines R1’s extensive revenue cycle management expertise with Palantir’s AI capabilities to develop intelligent automation solutions for healthcare reimbursement challenges.The initiative addresses a critical need, as administrative costs represent over 40% of U.S. hospital expenses, with more than $160 billion spent annually on revenue cycle management. R1’s substantial reach, serving 94 of the top 100 U.S. health systems, provides access to extensive data including:180 million+ annual payer transactions550 million annual patient encounters20,000 proprietary payment algorithms1.2…
Private equity (PE) investments in the healthcare sector are projected to experience significant rebounds in 2025. Healthcare PE trading value reached $61.3 billion in 2024, 1 and 2025, focusing on the expected stabilization of interest rates, increased demand for technology-bearing care solutions, and assets that previous sales focused on. Despite these opportunities, the sector is becoming increasingly complex, increasing regulatory oversight, rising cost pressures, and challenges in expanding innovation. Navigating these hurdles requires deep expertise and strategic planning. This article outlines the key trends shaping the M&A landscape of healthcare in 2025 and provides insights into how PE companies position…
More than a quarter of state investigators lack proper emergency response skills, a new federal report shows. Partnering with other institutions and skilled nursing facilities could be a solution to prepare nursing homes for disasters, researchers say. The study by the Inspectors' Office said 26% of state research agencies also said surveyors' expertise in emergency preparedness is challenged, but they also said they have recruiting and maintaining surveyors who already have experience in emergency preparation. This is probably a natural side effect of professional-level background not a requirement for employment, leaving agencies to train and nurture employees, the report says.…
This is not the news that healthcare provider patients and staff members want to hear. A shocking announcement came when a major US health provider filed for Chapter 11 bankruptcy. Many patients were put at risk in different regions. This major chain provides healthcare services for several specialized hospitals. They filed bankruptcy reports to ensure that businesses can receive recognition. Medical sector facing bankruptcy The healthcare sector is currently facing many challenges and is under a lot of pressure. The sector has experienced economic headwinds in the past few years, particularly in 2025, especially this year, after finishing 2024 with…
Barriers to health care often create crises that can lead to homelessness. If people don't have access to or can't afford the medical care they need, they face an impossible choice between treatment or rent payments. Medical debt, unemployment due to untreated health conditions, and the exhaustion of savings for emergency care can quickly destabilize the security of your home. These risks are particularly severe for the BIPOC and the LGBTQ+ community, facing complex barriers including provider discrimination, lack of culturally competent care and uninsured rates. Without access to proper health care, a single medical emergency or chronic illness can…
At Florida nursing homes, senior residents can lose much from the proposed spending cuts in Washington, D.C.Medicaid is the primary payer of care for nurses in Florida, and the only way two-thirds of nurse residents can pay for daily tasks such as meals, bathing and dressing.What if Florida is no longer paying for senior care? Do families need to intervene and provide care or pay the bill? Will some nursing homes be closed?These questions are the best in Florida as Congress is considering where to cut federal government.Medicaid provides health insurance to people with limited income and resources. Medicaid's federal…
Healthcare conference season is on track. Two of the two events in Nashville last month and HIMSS held in Las Vegas this week have just passed, and many of the themes are familiar. Artificial intelligence has found a way to every conversation. Even as vendors are pushed to show more specific plans to achieve improvements and ROI, there is continued excitement about the impact that technology will have on health systems and hospitals. But under the surface, there is something else this year, and I don't know if it is paying enough attention: anxiety. The new administration has shown the…
The Seneca Healthcare District reports that employees participated in the annual reading of Chester Elementary School, held in honor of Dr. Seuss. Organizers report that CES will host this special event every year, celebrating the joy of reading and encouraging students' literacy. This year, Seneca staff volunteered to read kindergarten students, first and sixth grade students. “It was a great opportunity for our team to engage with the young minds of our community and share the magic of Dr. Seuss' story,” said SHD Public Relations Coordinator Brandi Camarena. Catie Neely, infection prevention manager and one of the participating staff members,…
Columbus County, N.C. (WECT) – A proposed settlement has been reached for patients whose personal information was compromised in a 2023 data breaches.The Columbus Regional Health Care System (CRHS) has agreed to a $1.17 million settlement after a December 28 investigation concluded that a violation occurred between May 19 and May 21, 2023.”It has been discovered that the data incident violated individual and personally identifiable information stored in CRHS files containing information relating to their name, address, date of birth, social security number, medical history and health insurance,” the settlement website said.Nearly 132,800 patients were affected by the violation, according…