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ProMedica Senior Care, formerly HCR ManorCare Inc, is a major provider in the United States of both short-term post-acute and long-term care.As of 2020, it had more than 300 skilled nursing and rehabilitation centers, assisted living facilities hospice and home health care offices, and over 45,000 employees. [1]
California Nursing Home Chains By Ownership Type: Facility and Resident Characteristics, Staffing, and Quality Outcomes in 2015. See APPENDIX A California Chains: Description and Background. Ross L and Harrington C. University of California San Francisco, Department of Social and Behavioral Sciences. Accessed 2021-03-28
Usual, customary, and reasonable (UCR) is an American method of generating health care prices, [1] described as "more or less whatever doctors decided to charge". [2] According to Steven Schroeder , Wilbur Cohen inserted UCR into the Social Security Act of 1965 "in an unsuccessful attempt to placate the American Medical Association ". [ 3 ]
Administration of nursing homes are the state to local department of health direct to local contracts, generally for-profit. [citation needed] Depending on size, staff may include those responsible for individual departments (i.e., accounting, human resources, etc.). Nursing home administrators are required to be licensed to run nursing facilities.
Ke – Is used as an abbreviation for Cost of Equity (COE). Ke is the risk-adjusted, theoretical rate of return on a Company's invested excess capital obtained through external investment s. Among other things, the value of Ke and the Cost of Debt (COD) [ 6 ] enables management to arbitrate different forms of short and long term financing for ...
The American Health Care Association (AHCA) is a non-profit federation of affiliated state health organizations that represents more than 14,000 non-profit and for-profit nursing homes, assisted living communities, [1] and facilities for individuals with disabilities. Clifton J. Porter, II became CEO on 14 October 2024.
Emeritus specialized in assisted living services for seniors who need help with daily activities such as bathing, dressing, meals and medications management. Most communities also provided expert care for Alzheimer's and memory care residents, and offered respite stays for seniors who need short-term stays.
Genesis Health Ventures was founded by Michael R. Walker [2] and Richard R. Howard in 1985, with the acquisition of nine centers. [3] Between 1985 and 1998, Genesis Health Ventures grew from a $32 million to a $2.4 billion public company through the acquisition of nursing homes and services, including rehabilitation therapy, diagnostic testing, respiratory therapy, and pharmacy companies.