Nursing homes could offer a crucial bridge to recovery for patients with opioid use disorder (OUD), but stigma, regulatory hurdles and funding challenges limit their potential. Researchers have highlighted policy solutions to ensure nursing homes can meet the needs of a growing and aging population with OUD, as part of a study led by Patience […]
In the latest development related to litigation against the federal nursing home staffing mandate, the U.S. Department of Justice (DOJ) is urging a federal judge to deny the injunctive relief requested by 21 state attorneys general and several providers. The DOJ on Nov. 21 filed a memo with the U.S. District Court for the Northern […]
Programs to cultivate leaders in the nursing home space, including the administrator-in-training program (AIT), are being challenged by rapid turnover and the need for better reimbursement and support systems. But, a focus on company culture, offering of diverse pathways for those seeking leadership positions, and a willingness to show prospective leaders a behind-the-scenes look, makes […]
Indiana-based Journey Skilled Nursing acquired eight nursing homes in Georgia, selecting the facilities for their dedication to quality care and strong community connections. These additions to Journey’s growing footprint in the skilled nursing space were announced last week and further strengthen the fledgling company’s presence in Georgia. Journey, which launched in March, already operates Dublin […]
Aubrey B. Preston has been granted the role of emergency conservator for Forrest Preston, CEO of Tennessee-based nursing home giant Life Care Centers of America. Bradley County Chancery Court Chancellor Jerri Bryant ruled in favor of the conservatorship, which will last 60 days. Aubrey Preston is authorized during this period to take “any and all […]
Of the many significant factors affecting the skilled nursing industry in the last five years, Medicare Advantage was named as a major disruptor, as cost reports show a shift in operating margins with more facilities struggling financially. Stephen Taylor, principal of senior living and care segment leader for CliftonLarsonAllen (CLA), said MA has had “one […]
New York nursing home operator Centers Health Care must pay $45 million to settle civil charges related to Medicaid fraud, patient neglect and mistreatment. The office of New York Attorney General Letitia James filed a civil lawsuit against owners Kenneth Rozenberg and Daryl Hagler in 2023 alleging fraud and neglect incidents across several facilities, and […]
American Healthcare REIT’s (NYSE: AHR) third financial quarter was defined by executing on several key initiatives that have set up the company for future growth. Moreover, leaders unpacked Medicare Advantage contract negotiations and shared plans for staff training among its operating partners, including Trilogy REIT Holdings. One such initiative involved Irvine, Calif.-based AHR acquiring its […]
Fewer than 20% of evaluated nursing homes made the list of “Best Nursing Homes” in U.S. News & World Report’s 2025 Best Nursing Homes rankings, out of nearly 15,000 facilities in the country. This includes those providing short-term rehabilitation, long-term care, or both. And, nearly half of nursing homes didn’t comply with federal regulation to […]
Uncertainty surrounding the information required for the new nursing home Medicare revalidation process has led to high levels of concern, particularly among for-profit operators, who view it as yet another punitive measure. Following letters from nursing home advocates about the rushed timing of the off-cycle revalidations, the Centers for Medicare & Medicaid Services (CMS) has […]
Last week’s finalized 2.83% cut to the Physician Fee Schedule (PFS), which follows a series of payment reductions of recent years for rehab and therapy services for Medicare beneficiaries, is raising concerns about tightening access to such care in nursing homes, with physicians calling the situation unsustainable. For physicians, this particular cut in the PFS […]
Finance and operator voices alike are cautiously optimistic about prospects for the nursing home sector as the Trump administration prepares to enter the White House in January, alongside a Republican majority in the U.S. Senate that has historically been sympathetic to nursing home issues. When it comes to the federal minimum staffing mandate, Cascadia Healthcare’s […]
An emergency petition on Tuesday was filed to expedite the conservatorship action brought by the son of Life Care Centers of America CEO Forrest Preston, as other executive members cited year-end obligations. Preston’s son, Aubrey B. Preston, should be appointed as his conservator on an emergency basis, executives said, due to the critical and time-sensitive […]
Athena Health Care Systems, based in Connecticut, has sold off a significant portion of its portfolio to the New York provider National Health Care Associates, marking the second time the operator has sold off assets this year. Athena sold five of its 15 Connecticut facilities for more than $30 million, according to a report in […]
The long-term financial viability of nursing homes will be seriously challenged as operators face the fallout from the complete wind down of public health emergency (PHE) funds. This is especially true for nonprofit organizations, with many facilities unable to fund existing staffing levels. According to a report published in Health Affairs Covid-19 PHE funds allowed […]
Former president and CEO of the American Health Care Association and National Center for Assisted Living (AHCA/NCAL) Mark Parkinson will be joining Comprehensive Rehab Consultants’ (CRC) board of directors as of Nov. 4. There was a “powerful alignment” in goals and values between Parkinson and leadership for CRC when they first connected, the company said […]
Sabra Healthcare REIT (Nasdaq: SBRA) has had several quarters in a row of continuing occupancy and rent coverage improvement in all of its primary asset classes, including skilled nursing, distancing themselves from the pandemic, leaders said. Meanwhile, its investment pipeline is seeing more activity in the past months, with primarily deals of one or two […]
Capital Funding Group announced the closing of a $207.1 million bridge-to-HUD term loan for the partnership buyout of 13 skilled nursing facilities in Florida. CFG closed on the loan on behalf of 980Investments, a national real estate investment company, the financing firm said in a statement on Thursday, and provided $15 million in accounts receivable […]
Leaders with CareTrust REIT (NYSE: CTRE) added more detail surrounding the company’s latest investments, including the acquisition of 31 skilled nursing facilities in Tennessee and Alabama for $500 million, along with another transaction yet to close for $57 million involving four skilled nursing facilities located in the Northeast. American Health Partners was announced as the […]
While prior authorization has a legitimate role in Medicare Advantage coverage, the practice has expanded to the point of negatively affecting care. This aspect of MA needs to be right sized, and likely through legislation, nursing home leaders said. About 90%-plus of physicians, including those serving nursing home patients, have said that one or more […]
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