Biden Pitches $400B Plan to Expand Medicaid Coverage of Home-Based Care Options

President Biden on Wednesday proposed a $400 billion plan designed to significantly bolster Medicaid coverage of long-term care outside of institutional settings, marking the first concrete step toward achieving a central campaign promise to support caregivers and expand access to home-based care. Pitched as part of a $2 trillion infrastructure package dubbed “the American Jobs […]

How Otterbein Built a Green House Nursing Home Network — With a $12M Plan to Grow

Like many senior living and care executives, Jill Wilson’s first reaction to the “small home” model of nursing homes was a mixture of curiosity and skepticism. The year was 2004, and Wilson was the chief financial officer of Otterbein SeniorLife, a Lebanon, Ohio-based non-profit that runs senior living communities and standalone nursing campuses. The CEO […]

House Hearing Scrutinizes ‘Horror’ of Private Equity Investment in Nursing Homes

For the second time in as many weeks, federal lawmakers scrutinized private equity investment in nursing homes as the probes into the COVID-19 disaster in long-term care continue to intensify. “How many grandmothers and grandfathers died because profits were prized above lives, with our taxpayer dollars funding this?” Rep. Bill Pascrell, who chairs the House […]

Despite Plummeting Rates, 437 Nursing Homes Reported First COVID Cases in 2021 — After Start of Vaccine Clinics

The COVID-19 vaccination clinics that started rolling out in late December brought swift, substantial drops in infection and death rates in nursing homes, but a new report warns that it’s far too soon to declare victory over the virus in post-acute and long-term care. In fact, 437 nursing facilities across the country reported their very […]

Nursing Home Staff Willingness to Take Vaccine Jumps 94% Since December

Vaccine hesitancy among nursing home and senior living workers has substantially declined since the first shots received emergency approval last December, according to a new industry survey. About 62% of post-acute and senior living workers polled by software firm OnShift indicated that they would be willing to receive a COVID-19 vaccine, up from 32% in […]

PE-Backed Appriss Acquires Skilled Nursing Software Firm PatientPing for a Reported $500M [UPDATED]

PatientPing, a software company that has garnered significant venture capital funding as it looks to ease care transitions between nursing homes and other settings, has sold to Appriss Health, the companies announced Tuesday. PE Hub initially reported the news Monday, citing “people familiar with the transaction”; the two firms formally confirmed that they had reached […]

Lockdowns Led to Spikes in Depression, Weight Loss, Cognitive Decline in Nursing Home Residents

Families of nursing home residents have spent the past year appealing to policymakers that COVID-19 lockdowns were having a significantly negative effect on their loved ones’ health — and a new study put some sobering numbers on the physical impact of loneliness. The proportion of residents experiencing unexpected weight loss accelerated by 150% during the […]

As Genesis Restructures and Leaves NYSE, the Regionalization of Nursing Homes Hits New Milestone

Over the last several years, regionalization has dominated the mergers-and-acquisitions narrative in nursing homes, with operators and investors increasingly questioning the utility of massive scale in a landscape that depends so heavily on local market factors such as Medicaid rates and hospital referral flows. But as former giants such as Kindred Healthcare exited the industry […]

U.S. Nursing Home Workforce Shrank by 11.5% Since Start of Pandemic

The nation’s nursing homes have shed 182,000 jobs since the start of the COVID-19 pandemic in February 2020, according to a new analysis, a significant drop for a sector that struggled to keep facilities fully staffed even in pre-COVID times. That works out to an 11.5% drop between February 2020 and the end of last […]

Warren Raises Alarm Over Restructuring at Nursing Home Giant Genesis, Plans to Launch Probe of For-Profit Facilities

Sen. Elizabeth Warren this week wrote another letter to executives at Genesis HealthCare (NYSE: GEN), raising concerns about the nursing home giant’s recent deal to significantly restructure its operations in part through a $50 million private equity investment. Warren, a Massachusetts Democrat, made headlines in late January when she publicly questioned the operator’s decision to […]

MedPAC: Freeze Medicare Raises for Nursing Homes in ’22, But ‘Proceed Cautiously’ on Recommending Cuts

The top federal Medicare advisory body this week formally recommended against raising rates to skilled nursing facilities in fiscal 2022, arguing that the sector will eventually recover from COVID-era financial strains. “While the projected level of payments indicates that payments need to be reduced to more closely align aggregate payments and costs, the lasting impacts […]

Led by Biden’s HHS Pick, California Sues Brookdale Over Alleged Nursing Home Data Reporting Fraud

The state of California on Monday filed a lawsuit against Brookdale Senior Living (NYSE: BKD), accusing the company of submitting false nursing home staffing data to the federal government and improperly handling resident discharges. California attorney general Xavier Becerra — President Biden’s pick to serve as secretary of the Department of Health and Human Services […]

Diversicare Sees $1M Boost from Reliant Therapy Shift, Reports $25.9M in Unspent Stimulus

Diversicare Healthcare Services (OTC: DVCR) this week reported a financial boost from its decision to outsource therapy services, along with a significant cache of stimulus funds waiting for deployment. The Brentwood, Tenn.-based nursing home operator in November announced a shift from its wholly-owned Diversicare Therapy Services to Reliant Rehabilitation, a move that Jay McKnight predicted […]

LTC Properties to Transition 11 Abri/Senior Care Centers SNFs to HMG Healthcare After Default

LTC Properties (NYSE: LTC) late Thursday announced that it will transition 11 skilled nursing facilities currently controlled by Abri Health Services/Senior Care Centers to a new operator after sending a notice of default over non-payment of March rent. The Texas-based HMG Healthcare will assume operation of the 1,400-bed portfolio sometime in the second quarter of […]

Less Than 3% of Nursing Homes Received Maximum Rewards Under ‘Flawed’ Medicare VBP Model

The federal government’s sole attempt at linking nursing home Medicare reimbursements with outcomes is broken and requires an overhaul, the Medicare Payment Advisory Commission (MedPAC) determined. The Skilled Nursing Facility Value-Based Payment (SNF VBP) Model has rewarded strikingly few facilities while the majority have lost money — though the amounts involved in either direction were […]

Citing Vaccine Rollout, CMS Relaxes Nursing Home Visitation Rules

The federal government on Wednesday issued updated guidance for nursing home visitations, calling on facilities to allow “responsible indoor visitation at all times and for all residents” — regardless of vaccination status — with a handful of situational exceptions. “CMS recognizes the psychological, emotional, and physical toll that prolonged isolation and separation from family have […]

Congress OKs Stimulus with $250M for Nursing Home Strike Teams, $200M for Infection Control, Vaccine Support

The U.S. House of Representatives on Wednesday passed a sweeping $1.9 trillion stimulus bill that contains some additional support for the nation’s beleaguered nursing homes, with President Biden expected to sign the package into law Friday. The American Rescue Plan specifically includes $200 million to support COVID-19 vaccination efforts and infection control improvements in nursing […]