The Role of Private Equity Ownership in Nursing Home Care

In this week's blog, we discuss the role of private equity investment in nursing homes and what states are doing to address these issues. Nursing homes owned by private equity firms have higher mortality rates, according to the National Bureau of Economic Research (NBER). Over the past 18 years, private equity (PE) investment in nursing homes increased 20-fold, from $5 billion to $100 billion. “Private equity’s business model involves buying companies, saddling them with mountains of debt, and then squeezing them like oranges for every dollar,” so says United States Representative Bill Pascrell from New Jersey, of PE companies purchasing [...]

2021-11-09T15:52:08+00:00October 27, 2021|

Elder Care Law Services and the Power of the Written Word

As we deal with the day-to-day issues of managing a law firm and providing elder care law services for clients and their loved ones, we sometimes unintentionally forget why we do what we do. It is a natural human reaction to address the here and now before you. Our focus as an elder care law firm is to ensure our clients receive the best care possible, determine how care can be reasonably paid for, and ease the burden on the caregiver family member. We received a handwritten note via mail from the child of a recently deceased client. We have [...]

2021-11-09T16:12:47+00:00October 1, 2021|

Walk to End Alzheimer’s: Love for Lois

Every year, thousands of Americans lace up for the Alzheimer’s Association Walk to End Alzheimer’s—the world’s largest fundraiser for Alzheimer’s care, support, and research. And every year, our team walks for our dear friend and former co-worker Lois, who is living with this disease. Lois’s grandson, Jared Fisch, pens an anecdotal essay on what it looks like to be on the other end of Alzheimer’s watching a loved one change before you. Read on below and join the Rothkoff Law Group – Love for Lois team in the Walk to End Alzheimer’s. She’s Not Who She Used to Be I [...]

2021-11-09T16:24:37+00:00August 26, 2021|

Preventing Falls: Tips on Caring for Aging Parents

As our loved ones age, it's important to help in preventing falls in an effort to help save them from devastating effects on their health. There are steps you can take to lower the risk. It is always a good idea to have a conversation with your loved one’s doctor about what might be appropriate. Here are a few talking points for preventing falls to discuss with your loved one and/or their doctor. Start by asking your loved one’s doctor whether they are at high risk for falls. Ask your loved one’s doctor whether they are any steps you can [...]

2021-11-09T16:25:12+00:00August 19, 2021|

Qualified Income Trust for Medicaid

Applying for Medicaid for yourself or a loved one can be a difficult process. Many people believe they have successfully navigated all clinical and financial criteria, only to discover that the applicant requires a Qualified Income Trust, or QIT. Prior to December 1, 2014, all Medicaid applicants in the State of New Jersey with a monthly income in excess of the annual income limit, $2,382.00/month in 2021, were ineligible for the benefit. The creation of QITs has allowed for a wider range of applicants but has further complicated the Medicaid application process. Improper use of a QIT can result in [...]

2021-11-09T16:29:07+00:00July 22, 2021|

LGBTQI+ Senior Bill of Rights

New Jersey is one of four states leading the charge against discrimination based on sexual orientation in long-term care facilities. In March of this year, Governor Murphy signed S2545/A4388, known as the LGBTQI+ Senior Bill of Rights, into law. The new law, similar to those in Massachusetts, California, and Illinois, bans discrimination in long-term care communities based on gender identity and sexual orientation.   The significance of the LGBTQI+ Senior Bill of Rights is twofold. First, it mandates the staff and administration of long-term care communities receive training on caring for and preventing discrimination against LGBTQI+ seniors. Secondly, the law establishes [...]

2021-11-09T16:30:00+00:00July 22, 2021|

LGBT Advocacy for the Senior Population

In a recent post, our client Services Director, Manon Adcock, referenced the challenges of LGBT advocacy among the aging population. Two years ago, I had the opportunity to attend a SAGECare training Manon had mentioned, along with attorneys Bryan Adler and Roxane Crowley of Rothkoff Law Group. SAGECare is a national organization that offers resources and LGBT advocacy for aging adults. We attended an all-day program that offered cultural competency training for advocating for these individuals. It was an eye-opening experience to hear the history of LGBT advocacy groups and the ongoing challenges LGBT seniors experience. Their trainings are available [...]

2021-11-09T16:31:15+00:00July 15, 2021|

FDA Approves New Alzheimer’s Drug

On June 7, 2021, the U.S. Food and Drug Administration (FDA) approved Aduhelm (aducanumab), a new Alzheimer’s drug for the treatment of the disease. Aduhelm was approved using the “accelerated approval pathway,” which can be used for a drug for a serious or life-threatening illness that provides a therapeutic advantage over existing treatment. According to the FDA, “accelerated approval can be based on the drug’s effect on a surrogate endpoint that is reasonably likely to predict a clinical benefit to patients, with a required post-approval trial to verify that the drug provides the expected clinical benefit.” Was the approval of [...]

2021-11-09T16:31:38+00:00July 1, 2021|

Aging with PRIDE: LGBT Aging and Advocacy

LGBT aging and advocacy can be an ongoing issue for seniors as they make new transitions in their lives. From medical care to social roadblocks in assisted living facilities, LGBT aging is an important topic for all, whether or not you find yourself a part of this community. As we all know, aging is not something we can avoid. There are ways we can slow the progression by which we age, such as by exercising and maintaining a healthy lifestyle, but eventually, we all get there. Working with seniors, I have seen 90-year-olds that look 60 and 60-year-olds that look [...]

2021-11-09T16:33:30+00:00June 17, 2021|

Medicaid Crisis Planning: Paying for Long-Term Care

Medicaid crisis planning is a crucial step in preparing for the future and taming the unexpected. And as with the case of Marie, a client I was happy to assist, Medicaid crisis planning helped turn an unexpected situation into the best possible outcome for her and her husband. $300,500.00 was most of Marie’s life savings. When she remarried while in her late 60s, it did not matter that her new husband had scant funds. Marie was happily working, and her new husband, Charlie, could help with the bills using his significant pension. No more than 10 years after their marriage, [...]

2021-11-09T16:35:00+00:00June 3, 2021|
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