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Tag: care

You can get quality elder care, but be prepared to pay a lot for it

You can get quality elder care, but be prepared to pay a lot for it

Finance
If you live in a state with high-quality care for older Americans, chances are the cost of it isn't so great.Data in a new report by Caring.com shows that seven of the top 10 states for quality elderly care also rank in the bottom 20 for the cost of those services."There's a trade-off," said Tim Sullivan, Caring.com vice president. "In some states, the quality of care is high, but so are the costs."Coming in first for quality of care is Washington, yet it ranks 38th for cost. Alaska, which ranks right behind the Evergreen State, comes in last place in the expense column. Rounding out the top three for quality is Oregon, which ranks 39th when it comes to price.Conversely, some states have low costs but their quality is lacking. For example, Alabama has the least-expensive care but ranks 44t...
See which states offer the most affordable child care

See which states offer the most affordable child care

Finance
If you're tired of dealing with rising child-care costs, pack your bags and move to New Hampshire or North Dakota.Both states topped the lists of the most affordable states for hiring a nanny and enrolling in daycare, respectively, according to a Care.com survey. Other states with affordable child care include Delaware, Maryland and New Jersey. Meanwhile, Washington, D.C. and Mississippi top the lists of the least affordable jurisdictions for child care.The average annual cost of a center-based daycare for infants is about $ 10,468, with prices ranging between $ 6,605 to $ 20,209. The average cost for a nanny taking care of one child is $ 28,905, with costs between $ 27,019 and $ 32,677, according to Care.com.Child-care costs have continued to rise over the past four years. Nearly one in t...
KKR to invest $200 million for 49% in Radiant Life Care

KKR to invest $200 million for 49% in Radiant Life Care

Finance
MUMBAI: KKR, one of the largest PE investors in the world, signed a definitive agreement on Monday to invest $ 200 million for a 49% stake in Radiant Life Care. ET was the first to report the deal on June 2. Radiant Life Care, which runs two hospitals in New Delhi and Mumbai, is looking at consolidating the fragmented industry through acquisitions. KKR had earlier lent Rs 450 crore to the company. "KKR’s investment in Radiant continues the firm’s partnership, as it has previously extended financing to Radiant to support the company’s growth. KKR makes the proposed investment from its KKR Asian Fund III," the fund said in a release. "KKR has more than two decades of experience in investing and working alongside healthcare companies. With their expertise, we look forward to expand our b
Senate GOP leaders hope for health care vote next week

Senate GOP leaders hope for health care vote next week

Health
Republican leaders are hoping to stage a climactic vote on their health care bill next week, though internal rifts over divisive issues like coverage requirements and Medicaid cuts leave the timing and even the measure's fate in question. "We need to start voting" on the GOP bill scuttling much of President Barack Obama's health care law, No. 2 Senate GOP leader John Cornyn of Texas told reporters Monday. Some Republicans said a revised version of the bill could be introduced Thursday, and Cornyn said the "goal" was for a vote next week. Cornyn cited seven years of unresolved Republican debate over how to replace the 2010 statute during which "we gain a vote, we lose a vote." That underscored a sense among top Republicans that they had little to gain by letting their disputes drag on much...
Vulnerable 'playing Russian roulette' choosing care

Vulnerable 'playing Russian roulette' choosing care

Health
Vulnerable people are playing "Russian roulette" when they need care in England, campaigners warn, as a quarter of services are failing on safety.The Care Quality Commission said drug errors, lack of staff and falls were major problems, after inspecting 24,000 services.Nursing homes had the worst problems, with a third falling short on safety.The CQC said the failings across services for the elderly and disabled were "completely unacceptable".The findings mark the completion of the first round of inspections under the "tougher" system launched in 2014 amid concerns problems were going undetected.One million vulnerable people use care services - either getting their fees paid by councils or funding it themselves.More than 200,000 of them live in nursing homes, which had the most serious pro...