This is Part 2 of The Guardian’s investigation into UnitedHealth Group. To reduce residents’ hospital visits, UnitedHealth has offered nursing homes a variety of “financial sweeteners.” Over the last seven years, the company has produced “Premium Dividend” and “Shared Savings” payments that boost nursing homes’ bottom lines. UnitedHealth offered a larger cut to nursing homes’
The Guardian investigated the nation’s largest healthcare conglomerate, UnitedHealth Group. Under Medicare Advantage, insurers like UnitedHealth receive lump sums from the government to cover senior care. They profit as the less they spend on that care, the more money they can keep. This is what UnitedHealth is capitalizing on, especially within the long-term care sector.
Skilled Nursing News had an interesting article on artificial intelligence (AI) platforms. TSOLife is a Tampa-based health tech company specializing in AI-driven resident engagement platforms for senior care. TSOLife’s flagship platform, Minerva, has utilized AI to transform unstructured resident interviews into structured data. Despite the obvious privacy issues, AI may help prevent neglect and abuse
The House passed Republicans’ unpopular “Big, Beautiful Bill” by a razor-thin margin of 215-214, sending the legislation to the Senate for review. Deficit hawks support steeper cuts while increased the deficit by trillions. Moderates complain the bill is a “handout to the wealthiest Americans at the expense of the nation’s poor.” This bill will result
The PACs group of nursing home operator postponed the release of their first quarter earnings for this year. PACS has now missed filing there financial results for three straight quarters. This is a mandatory requirement for publicly traded companies. This is not the first time PACs have postponed the disclosure of their earnings. In Q3
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