By Allison Bell October 16, 2018 at 11:08 AM
One way local, live-human financial professionals can set themselves apart from the robots is to know what’s going on inside area long-term care (LTC) facilities.
Whether clients are buying long-term care insurance, annuities, life insurance policies that offer LTC benefits, or a diversified portfolio of mutual funds, the odds that some of the clients’ resources will go to pay for LTC services are high.
You can learn a lot about LTC service providers by visiting facilities, and by talking to the people who use the facilities and services.
You can also learn something by visiting the federal government’s data.medicare.gov site. The Centers for Medicare and Medicaid Services (CMS), the agency that runs Medicare and Medicaid, has stuffed that site full of data on the quality of all kinds of care providers, including home health care providers.
To laser in on nursing home quality measures, try the CMS Nursing Home Compare site. You can search for a nursing home by name, list all of the nursing homes in a specific area, or download an entire nursing home quality information dataset. One of the nursing home quality datasets, the Provider Info dataset, offers 79 columns of information on about 15,600 different nursing home care providers. The dataset was last updated in September.
For a list of the communities that look the worst, in terms of quality, to us — based on three-year federal fine totals — see the data cards in the slideshow above.