Post-acute care clinicians are looking to workflow technology to help with frontline burnout in an effort to redesign clinical care and erase redundancies along the care continuum. Tech investment and implementation is broken down by the “need of the hour,” as Signature HealthCARE chief medical officer Dr. Arif Nazir puts it, with infection control and […]
The relationship between hospital systems and skilled nursing facilities was shaken by a reactionary attitude at the beginning of the pandemic, where a lot of “missteps” were taken out of a need to protect one’s own patients, Signature HealthCARE chief medical officer Dr. Arif Nazir said. Now that relationship is a whole lot more collaborative, […]
SCAN Health Plan’s new institutional special needs plan (I-SNP), coined “Embrace,” covers multiple parts of the care continuum: skilled nursing, home health and assisted living. A subsidiary of SCAN Group, the Long Beach, Calif.-based SCAN Health Plan announced its new model of care last week. “Embrace” will launch in Los Angeles and Orange counties in […]
The relationship between nursing homes and regulatory agencies has varied since the start of the pandemic — surveyors were initially very helpful, but as the pandemic went on, clinical leaders started to see a shift in that relationship with mounting directives around citing outbreaks. In recent months, that relationship has shifted again to be more […]
A leader from PACE program Summit Eldercare believes there should be at least half the number of nursing homes in the country, in order to adequately provide value-based care. Instead, prospective SNF residents would be better served in community housing options. This is coupled with a trend Summit Eldercare is seeing among the SNFs it […]
American Healthcare REIT plans to increase its investment in skilled nursing operator Trilogy Health Services post-merger, CEO Danny Prosky told Skilled Nursing News. It’s going to be the real estate investment trust’s (REIT) “primary source of growth” in the SNF market. Trilogy, the 12th-largest senior living provider in the United States according to 2020 Argentum […]
Behavioral health has become an attractive — and sorely needed — service line for skilled nursing facilities, but operators often don’t have the resources for training, and reimbursements aren’t as good as serving higher acuity patients. Isolation tied to the pandemic, and the Centers for Medicare and Medicaid Services (CMS) “crusade” several years ago to […]
With Medicare Advantage revenue “significantly lower” than fee-for-service reimbursement, a new Zimmet Healthcare Services Group analysis says, skilled nursing facilities need to weather today’s “reimbursement storm” in order to make it to the incoming wave of baby boomers that will need facility services. In the meantime, Zimmet suggests operators utilize facility data to improve MA […]
Financial performance indicators for nursing homes are changing at this point in the pandemic — instead of interest, depreciation, and amortization (EBIDA)—operators should instead be looking at alternative drivers of performance: occupancy, skilled mix and staffing, as well as external market fundamentals. CliftonLarsonAllen (CLA) prefers these drivers over more traditional means, because they cut through […]
Of the two million patients admitted to nursing homes every year, an anticipated 35% could be diverted to home health care if the Choose Home Care Act of 2021 becomes law, according to Keith Myers, chairman and CEO of LHC Group. Myers, along with Visiting Nurse Health System CEO Dorothy Davis, spoke about the legislation […]
Skilled nursing was one of 11 “alternative asset classes” to outpace real estate investment trust (REIT) transactions in more traditional markets, according to a report released by JLL this week. The SNF sector, along with other alternative classes, made up more than 60% of REIT equity market capitalization — some of the largest domestic and […]
In this Priorities, Plans & Perspectives interview, Skilled Nursing News sits down with Mark Fritz, President at Bridgemoor Transitional Care, to learn how he navigates uncertainty and change, both inside and outside of his organization. Read on to discover how Fritz has had success with a hands off approach to the execution of strategic plans, […]
Skilled nursing facilities had the highest annual resident monthly fee increase at 3.21% this year compared to its other aging facility counterparts, according to Ziegler’s CFO Hotline poll released this month. Other senior living types included in the data were assisted living, which had a cost increase of 3.08%, and independent living, whose cost increased […]
In this Priorities, Plans & Perspectives interview, Skilled Nursing News sits down with April Diaz, VP of Clinical Services at Marquis Companies, to learn how she stays nimble and flexible to help her team navigate uncertainty in a constantly changing industry.Read on to discover how Diaz’s perspective has changed over the course of her career, […]
In this Priorities, Plans & Perspectives interview, Skilled Nursing News sits down with Mark Parkinson, President and CEO of The American Health Care Association, to learn how he has optimized his organization’s effectiveness while maintaining focus on quality of care and resident experience. Read on to discover how Parkinson identifies opportunity amidst chaos, and what […]
In this Priorities, Plans & Perspectives interview, Skilled Nursing News sits down with Brian Cloch, Principal at Innovative Health, to learn about how he manages the rotating roster of day-to-day challenges by staying nimble and maintaining an industry mastermind group that looks out for one another. Read on to discover how Cloch’s perspective has changed […]
American Healthcare REIT late last week announced its completed merger with Griffin-American Healthcare REIT III, creating a combined $4.2 billion in healthcare real estate assets. Danny Prosky, CEO and president of the newly combined company, said in a statement the real estate investment trust (REIT) is “strategically positioned” to go public. During an investor presentation […]
Insurance premium increases have put a huge financial weight on skilled nursing operators looking to raise wages for its staff during a mass exodus from the industry, while trying to attract potential staff or pay for agency workers, Shomer Insurance Services President Ari Baer told Skilled Nursing News. Professional liability insurance can be the second […]
The delta variant and staffing challenges have slowed occupancy gains over the summer, yet skilled nursing still saw an increase in occupancy for the sixth month in a row as of July. NIC MAP® Data, released by NIC MAP Vision, found occupancy increased 58 basis points from June to July to land at 75%. It’s […]
Focused Post Acute Care Partners CEO Mark McKenzie is starting to see burnout among his senior leaders take its toll on overall operations, with at least three of the operator’s administrators recently leaving the profession for other industries. McKenzie said administrator and director of nursing loss has turned into a “critical issue” for the Burleson, […]
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