Feds ‘Strongly Encourage’ Nursing Home Staff to Receive COVID Vaccine Before Walgreens-CVS Rollout

Nursing home staffers shouldn’t necessarily count on receiving COVID-19 vaccines through a federally backed program run by pharmacy giants CVS Health and Walgreens, and should instead seek out local options as soon as immunizations becomes available, the federal government has indicated. The Pharmacy Partnership for Long-Term Care Program can serve as a backup for nursing […]

Sanford, Parent of Non-Profit Skilled Nursing Giant Good Sam, to Merge with Intermountain

The parent company of a non-profit skilled nursing and senior care heavyweight is about to get even larger. Sanford Health this week announced its intention to merge with fellow non-profit system Intermountain Health, bringing 366 senior care centers operated by The Evangelical Lutheran Good Samaritan Society along with it. The two parties signed a letter […]

HHS Relaxes Rules for Using Provider Relief Funds to Cover Lost Revenue

The federal government this week amended its rules for how providers can use coronavirus relief funding, specifically removing limitations around covering lost revenues not directly related to COVID-19. The Department of Health and Human Services (HHS) announced the change in the wake of criticism from providers and some lawmakers. “In response to concerns raised, HHS […]

‘Completely Predictable’ Link Emerges Between College COVID-19 Outbreaks, Nursing Home Deaths

A preliminary study has found evidence of a link between COVID-19 cases at colleges and eventual outbreaks at nearby nursing homes, adding to mounting research showing the direct impact that community spread can have on vulnerable populations. Researchers tracked two specific strains of the novel coronavirus as they spread through the town of La Crosse, […]

SNN Survey: Most Providers Will Survive into 2021, But Capital Providers Remain Worried About Census

A recent Skilled Nursing News survey of nursing home operators found cautious optimism about the near-term future of the space, with a majority seeing a clear path to the future even without additional government support. At the same time, operators have largely been pouring that federal largesse — including CARES Act grants, Payroll Protection Program […]

Cold Storage, Medicaid Coverage: Inside the Walgreens, CVS Vaccination Deal for Nursing Homes

The federal government last week tapped a pair of retail pharmacy giants to distribute an eventual COVID-19 vaccine to nursing home residents across the country, and while there remain significant questions about the logistics of distributing an as-yet-unapproved vaccine, officials have continued to position the plan as the only workable solution to a massive public […]

Despite COVID Revenue Hit, Omnicare’s President Sees Stronger Future for Long-Term Care Pharmacies

James Love took the top post at one of the nation’s leading long-term care pharmacies in perhaps the most crucial and consequential month in the entire history of the sector: April 2020. In the six months since, the Omnicare president has had to navigate a post-acute and long-term care landscape forever changed by COVID-19, while […]

HHS Inks Deal with CVS, Walgreens to Distribute COVID-19 Vaccines to Nursing Homes [UPDATED]

Retail pharmacy heavyweights Walgreens Boots Alliance (Nasdaq: WBA) and CVS Health (NYSE: CVS) have entered into agreements with the federal government to distribute the eventual COVID-19 vaccine to nursing home residents at no cost, President Trump and multiple government agencies announced on Friday. “Today, I’m thrilled to announce that we have just finalized a partnership […]

CMS to Relax Medicare Billing Rules to Speed COVID-19 Vaccine Distribution in Nursing Homes

The federal government on Friday announced its intention to relax restrictions around billing Medicare for immunization in nursing homes, with the stated goal of speeding the eventual distribution of a COVID-19 vaccine. Skilled nursing facilities are typically required to bill Medicare directly for immunizations under the terms of the Social Security Act, even if the […]

Verma: Alternative Payment Model Performance ‘Deeply Concerning,’ More Mandatory Programs Ahead

The nation’s top Medicare official this week expressed serious disappointment in the performance of alternative Medicare payment models, citing key design flaws and promising more mandatory programs to come. The Centers for Medicare & Medicaid Services (CMS) recently completed an analysis of several early attempts at value-based payment structures, with administrator Seema Verma disappointed in […]

To Build the Next Generation of Nursing Homes, Players May Need to Live with Lower Profits

The COVID-19 crisis exposed countless vulnerabilities in the nation’s long-term care infrastructure, but the design of the buildings themselves might loom the largest: With multiple-person rooms the norm in aging physical plants across the country, today’s nursing homes simply weren’t built with infection control in mind. And as the industry and the government look ahead […]

Genesis’s LTC ACO Pulls in $18.8M in Shared Savings for 2019

LTC ACO, the accountable care organization (ACO) launched by Genesis HealthCare (NYSE: GEN), brought in $18.8 million for the nursing home operator under the Medicare Shared Savings Program (MSSP) during the 2019 program year. The ACO achieved sufficient Medicare fee-for-service savings among its 5,800 beneficiaries to trigger the payment, which translates to $17 million in […]

How Lilly’s COVID-19 Nursing Home Trial Could Change the Future of Research in Long-Term Care

In normal times, setting up a clinical trial can take nine months or more, with the actual work going on for potentially years afterwards. But during COVID-19, researchers don’t have the benefit of time — especially when working to find therapeutic options for vulnerable seniors in nursing homes. *A phase-three clinical trial for a new […]

COVID Could Accelerate Skilled Nursing Consolidation as Smaller Operators Head for the Exits

In the months leading up to the implementation of a new Medicare payment model for skilled nursing facilities, various voices predicted an exodus of smaller, mom-and-pop operators who’d rather call it a career than adapt to a completely new reimbursement system. But only a few months after the Patient-Driven Payment Model (PDPM) took effect last […]