CDC: Low Rates of COVID Symptoms, Deaths Among Vaccinated Nursing Home Residents Show Urgency of Shots

A review of data from Chicago nursing homes found that fully vaccinated residents and staff accounted for just 4% of COVID-19 infections recorded since the start of the federal vaccine rollout, with just a single resident death — and no secondary transmission within facilities. The findings, published by the Centers for Disease Control & Prevention […]

Fresh Off Acquisition, American Health Partners Plots Diverse Post-Acute Growth — With SNFs at Center

Even before the pandemic, American Health Partners saw growth potential by expanding beyond a core of skilled nursing facilities. The Franklin, Tenn.-based firm operates 29 SNFs through its American Health Care arm, but it also provides a wide range of other services, from home health and hospice to psychiatric care to a nurse practitioner organization. […]

CDC: Vaccines Helped Curb Impact of Nursing Home COVID Outbreak Set Off by Unvaccinated Worker

Despite a 90.4% resident vaccination rate, a nursing home in Kentucky suffered a COVID-19 outbreak that resulted in 44 resident infections and three deaths after an unvaccinated worker contracted and spread the virus, the Centers for Disease Control & Prevention (CDC) determined in a new report released Wednesday. Despite the fact that the outbreak was […]

With Medicare Advantage Rising and Resident Pool Shrinking, Nursing Homes Must Tackle Future Head-On

The COVID-19 pandemic paused most post-acute providers’ long-term planning efforts beyond making it through the next week or month, but now that the peak of the crisis has passed, it’s high time both operators and policymakers confront the new world ahead. That world will almost certainly bring a smaller crop of potential residents of skilled […]

Despite Vaccine and Occupancy Progress, Operators Report Record-High Use of Temps, Overtime

Even as the nationwide vaccine rollout eases the clinical crisis in U.S. nursing homes, operators across the senior living spectrum are reporting the highest levels of agency staffing use and overtime pay since the pandemic began — indicating that the longstanding workforce crunch in the sector only has only continued to worsen. That’s according to […]

$12M Skilled Nursing Refinance in Illinois; Dwight Capital’s $121.6M Quarter

Cambridge Realty Capital Companies provided a $12 million loan, backed by the Department of Housing and Urban Development (HUD), to refiance the Alden Alma Nelson Manor skilled nursing facility in Rockford, Ill. The Chicago-based Cambridge originated the loan through HUD’s 232 program, which provides long-term financing for SNFs and other residential care facilities; the fully […]

What Biden’s $400B Plan to Shift Long-Term Care Home Could Mean for Nursing Home Operators

The shift to home was already a long-simmering trend in post-acute and long-term care, but the coronavirus pandemic kicked those prevailing patterns into a higher gear. In the short term, that took the form of increased diversions from skilled nursing facilities on the acute-to-post-acute pipeline, with patients discharged directly from the hospital to the home […]

Congress Extends 2% Medicare Sequestration Holiday Through End of 2021

Skilled nursing facilities and other health care providers will receive 2% more in Medicare reimbursements through the end of 2021 after President Biden signed a long-awaited sequestration moratorium bill into law Wednesday. Congress in late March 2020 suspended the 2% sequestration cut as the coronavirus crisis began to gain steam, and late last year bumped […]

Mitchell Family Office Acquires Nursing Home Operator, I-SNP Insurer American Health Partners

American Health Partners, which operates 29 skilled nursing and senior living facilities among other post-acute ventures, on Wednesday announced its acquisition by the Mitchell Family Office (MFO). The Birmingham, Mich.-based MFO explicitly pointed to the diversity of American Health Partners’ holdings as a reason behind inking the deal. In addition to its brick-and-mortar senior health […]

PDPM Adjustments, Smaller Medicare Raise Show CMS ‘Ready to Pull Back’ on COVID Aid to Nursing Homes

As the federal government’s approach toward nursing homes and COVID-19 continues to shift from emergency support to reflection and reform, analysts are increasingly warning that the coronavirus-era gravy train could soon come to an abrupt stop. In particular, the past week has brought three pieces of news that may signal trouble ahead for operators and […]

CMS to Adjust PDPM ‘As Quickly as Possible’ Amid Evidence of $1.7B Nursing Home Payment Increase

The federal government is mulling several options to recalibrate the Medicare payment structure for skilled nursing facilities as it seeks to achieve its intended goal of budget neutrality — with the aim of shutting off excess payments sooner rather than later. The Centers for Medicare & Medicaid Services (CMS) this week determined that the Patient-Driven […]

CMS Proposes $444M Medicare Boost for Nursing Homes, Calls Out ‘Unintended’ $1.7B PDPM Gain

The federal government on Thursday announced a proposed 1.3% boost to nursing home Medicare reimbursements for fiscal 2022, while also raising the specter of a potential adjustment to the new Patient-Driven Payment Model. That increase from the Centers for Medicare & Medicaid Services (CMS) works out to a total gain of $444 million, according to […]

Skilled Nursing Outshines Senior Living in Short Term, But 2022 Could Bring ‘Wall of Investor Worry’

Given current recovery trends, skilled nursing facilities may continue to prove a safer near-term bet for investors than the traditionally more attractive senior living landscape, according to a new analysis from Mizuho Securities USA — but 2022 and beyond remains deeply uncertain. Speaking at Mizuho’s virtual health care REIT summit on Tuesday, American Health Care […]

Ensign Group Acquires Three More Nursing Homes; Genevive, Medica Expand I-SNP to 140 Buildings

Skilled nursing giant The Ensign Group (Nasdaq: ENSG) on Tuesday announced the acquisition of three new skilled nursing facilities in Colorado. The San Juan Capistrano, Calif.-based Ensign picked up the following three facilities as of April 1: The 140-bed Boulder Canyon Health and Rehabilitation in Boulder The 76-bed Berthoud Care and Rehabilitation in Berthoud The […]

Therapy Intensity Linked to Lower Readmission Rates, Better Outcomes for Nursing Home Residents, Study Finds

Increased intensity of therapy services may directly lead to better outcomes for residents in nursing homes and other post-acute care settings, according to a new study backed by a pair of trade groups that represent physical and occupational therapists. Skilled nursing facility residents who received high-intensity therapy — defined as about 90 to 219 hours […]