In a report authored in part by former Senators Tom Daschle and Bill Frist, the Bipartisan Policy Center (BPC) recently issued groundbreaking recommendations for improving long-term care (LTC) financing. The report contains policy proposals detailed with specific steps policy makers should take to proactively tackle the issue of financing LTC for the elderly.
Originally intended to help guide skilled nursing consumers and their families as they compare and monitor care across different facilities, CMS’ Five-Star Quality Rating System is increasingly being used by investors to identify which properties to invest in and how facilities within their existing portfolio are performing.
The Labor Department reported that non-farm employment increased by 151,000 positions for the first month of 2016. The three-month average from November to January was 231,000. For all of 2015, jobs increased by an upwardly revised 2.7 million positions, the second strongest year since 1999. Moody’s Analytics expects comparable job gains in 2016, with roughly 200,000 positions generated per month.