Longevity Health and Infinity Healthcare Consulting on Wednesday announced a joint venture for institutional special needs plans (I-SNPs), marking Longevity’s entry into three new states, along with the expansion of its existing business into an additional state. Longevity and Infinity’s clients will collaborate to assist I-SNP members living in Infinity nursing facilities across Indiana, Kentucky […]
Pennsylvania bankruptcy court late Monday approved the $53 million sale of nine nursing homes in the state to affiliates of Kadima Healthcare Group, as part of Chapter 11 bankruptcy proceedings for more than a dozen facilities operating under Comprehensive Healthcare Management Solutions. Notably, transaction documents do not transfer assets to any insiders, affiliates, officers or […]
As states in Hurricane Helene’s path grapple with its devastating effects days after it made landfall in Florida Thursday evening, nursing home operators are dealing with significant repair and maintenance challenges that could last a while – particularly in states like North Carolina. Damage to transportation, power and utilities could make recovery in some states […]
In weathering the rise of managed care penetration – which has often meant lost profits – nursing homes are turning to centralized processes for handling claims, beefing up teams to handle additional documentation requests (ADRs), and closely tracking contract renewals. Rates for managed care plans like Medicare Advantage are often lower than traditional fee-for-service Medicare […]
Newsweek released its list of top nursing homes for 2025 on Wednesday, ranking facilities within each state according to number of beds. Newsweek recognized 1,050 nursing homes across 25 states with the highest number of facilities, using data published by the Centers for Medicare & Medicaid Services (CMS) in partnership with the global research firm […]
The U.S. Supreme Court’s June decision regarding civil monetary penalties (CMPs), which allows defendants the right to present their case to a federal jury when a federal agency is seeking financial penalties, may seem like a win for nursing homes at first glance. However, many providers are unlikely to pursue this path. The CMP decision […]
More than two-dozen skilled nursing facilities in Iowa are under new ownership, following the closing of a historic transaction this month. The sale is the largest SNF deal ever recorded in The Hawkeye State, according to Marcus & Millichap, which closed the transaction. ABCM sold its skilled nursing and assisted living assets to Chicago-based private […]
Discarding the ‘Red Ocean’ Mindset: Inside Ignite and A.G. Rhodes’ Paths to Growth for Nursing Homes
Growth strategies for nursing homes can vary greatly, depending on nonprofit versus for-profit status and especially the geographic market in which an operator is currently operating. But growth and innovation – no matter the sector or region – require risk and a lot of vision to properly execute. Providers will have to reimagine a grander […]
Coming off of his first year as CEO of American Senior Communities Steve Van Camp is busy planning an Institutional Special Needs Plan (I-SNP) joint venture with five other providers in Indiana, while also devoting time and resources to meeting quality measures and outcomes among ASC facilities. Important considerations to forge ahead with these efforts […]
Of an estimated 36 million Americans with a family member or friend in a nursing home, only 37% say their loved one is receiving high-quality care. And political affiliation aside, older adults want public policies that support and improve quality care. That’s according to a study issued by The John A. Hartford Foundation. Based on […]
The Centers for Medicare & Medicaid Services (CMS) on Friday filed a 75,000-page administrative record for its defense of the nursing home staffing mandate. It’s the first movement from CMS since the American Health Care Association (AHCA) filed a lawsuit challenging the mandate in May. The 75,000 pages were shared via a file-sharing device between […]
As the industry fights the unfunded federal minimum staffing mandate in court, nursing home executive compensation is under scrutiny from Democratic lawmakers, who are criticizing some leaders in the sector for giving themselves pay raises. However, leaders in the sector are pushing back. Specifically, the executive pay of three major operators – The Ensign Group […]
Customer service, staff wellbeing, and tackling low reimbursement rates are some of the top priorities for nursing home operators as they prepare for the future. And educating and supporting care teams is especially important in order to strategize with the quality measures that will be implemented in the coming years, as these will have an […]
An ongoing depletion of knowledgeable nursing staff at nursing homes, such as the Minimum Data Set (MDS) coordinators, is leading to errors and confusion with facility surveys and ratings. This, in turn, is impacting operations and the ability to acquire and improve distressed facilities. A high turnover among those close to the survey process is […]
Former New York Gov. Andrew Cuomo, along with some of his top aides at the time, may have allegedly made false or misleading statements during the pandemic or in their testimony to Congress, including manipulating Covid nursing home data. The investigation, helmed by the House Select Subcommittee on the Coronavirus Pandemic, concluded that Cuomo and […]
Recently established Journey Healthcare, led by industry veteran and former CEO of Majestic Care Bernie McGuinness, announced the acquisition of four skilled nursing facilities, representing a significant milestone in the company’s growth. Three of the properties are located in West Virginia, and the fourth is in Maryland, bringing Journey’s footprint to 11 communities across four […]
Negotiating power with Medicare Advantage (MA) plans may become easier as nursing homes explore participation in bundled payment options such as the Transforming Episode Accountability Model (TEAM), which enables following patients through an entire episode of care. It’s a lever available to participants and collaborators to forge new contracting strategies with their MA plan and […]
As federal agencies push for ownership transparency, nursing home ownership changes have been linked to a decrease in staffing hours and in turn a drop in Five-Star rating scores, at least for a short period of time following acquisition. Most acquired facilities showed indications of financial struggles, including lower star ratings and occupancy, plus a […]
Challenges stemming from gaps in medical data along the health care continuum and a lack of seamless sharing of crucial information between nursing homes and other entities have grave consequences, especially given the more serious patient acuity levels being discharged to post-acute care facilities. And yet, this is an issue that has failed to garner […]
Building the frontline workforce continues to be crucial for the nursing home sector as the industry faces a federal minimum staffing mandate. However, barriers exist in the form of civil monetary penalties (CMPs), which can pause in-house training programs if a facility is cited, and existing staff is stretched so thin that educational demands just […]
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