Skilled nursing real estate investment trust (REIT) Omega Healthcare Investors, Inc. (NYSE: OHI) closed the books for the third quarter of 2017 in the red, reporting a net loss of $137.5 million, or 67 cents per common share. The Hunt Valley, Md.-based REIT’s relationship with troubled operator Orianna Health Systems was one major culprit, the […]
One niche senior living community is rolling out the red carpet for older adults from the performing arts and entertainment industries, debuting its new assisted living and skilled nursing facility (SNF). Located in Englewood, N.J., The Actors Fund Home—also known as The Lillian Booth Actors Home—recently opened the doors to its Shubert Pavilion by celebrating a […]
On the heels of opening the industry’s first-ever technology innovation hub in Louisville, Kentucky, some of the health care leaders involved with the project are banding together with CEOs from other Louisville-based health care companies—including Signature HealthCARE, Humana and Hosporus. The group’s mission: to transform the city’s health care economy by establishing the Louisville Healthcare CEO Council, […]
Passive remote patient monitoring (PRPM) has already been proven feasible and easy to use in the senior care industry through multiple studies. And now, evidence from a pilot study conducted in Massachusetts is quantifying the technology’s ability to cut skilled nursing admissions and costs. The study, published in the Journal of the American Geriatrics Society, found that […]
Care plans that promote an active senior lifestyle, used in conjunction with current pharmaceuticals, can empower skilled nursing providers to make a tremendous impact in managing — and possibly delaying — Alzheimer’s disease. This is according to Maria Carrillo, chief science officer at the Chicago-based national non-profit Alzheimer’s Association. Carrillo spoke about the pervasiveness of Alzheimer’s […]
As skilled nursing providers in Florida brace for the introduction of a prospective payment system (PPS) for nursing home reimbursements under the state’s Medicaid program, the state legislature has required the formation of a working group to ease the transition. Under the new law—set to take effect in 2018—the state will switch its Medicaid reimbursement policy from […]
Efforts to improve comprehensive dementia care and reduce antipsychotic use in long-term care are paying off, with skilled nursing facilities exceeding goals set five years ago. But SNFs that still have high rates of antipsychotic use now have to meet a new benchmark established by the Centers of Medicare & Medicaid Services (CMS). As part of its National […]
The recent hurricanes that have battered states along the Gulf Coast have undoubtedly put the disaster preparedness of long-term care facilities in the region to the test. But not all potential disasters are as predictable as hurricanes, and long-term care facilities still need to be ready to handle them. For this reason, Chicago-based risk management, insurance […]
Investing in the professional development of immigrants who work as long-term caregivers, as well as helping them integrate into the American culture and its norms, is crucial to combatting the long-term care industry’s labor shortage. This is according two former national governmental figures who spoke Wednesday in a debate titled, “The Impact of the Trump […]
As operators in the skilled nursing industry seek to offer higher-end services, some providers have turned to outside-the-box rehabilitation equipment geared toward residents’ lifestyles — from putting greens to throat-controlled video games to a decommissioned city bus. For Legacy Healthcare, that means branding one of its rehab units as a “penthouse.” The Lincolnwood, Ill.-based firm provides transitional, […]
After filing for receivership in July, the Milwaukee-based Fortis Management Group will transfer 25 of its long-term care facilities — including 21 skilled nursing properties — in Wisconsin to North Shore Healthcare by October. Based in Glendale, Wis., North Shore Health Care provides a range of skilled nursing services, including Alzheimer’s care and rehabilitation services. Its […]
As the skilled nursing industry continues to grapple with recruiting and retaining solid talent, leaders at a New York City-based SNF have taken the matter into their own hands by developing an academic approach to combating the shortage. The organization established its Geriatric Career Development (GCD) program in 2006 to not only keep its pool of […]
As hospitals around the country decide to move away from skilled nursing and subacute services, a hotly contested proposed closure in San Francisco has highlighted a growing national issue. Sutter Health California Pacific Medical Center (CPMC) had plans to close its St. Luke’s campus, including its skilled nursing and subacute care operations. Following intense pressure from patient advocates […]
Older adults bracing themselves for the costs of long-term care can breathe a little easier if they have children, according to a study conducted by the RAND Center for the Study of Aging, which was recently highlighted in a Bloomberg article. The study found that the median stay at SNFs was 10 days, and that […]
Improving patient outcomes remains a top priority for skilled nursing providers, and some have begun to see the potential benefits of offering specialized on-site services such as dialysis. Shelley Matthes, director of quality improvement at Ecumen, believes delivering hemodialysis treatments on site eases the overall process for the patient who would otherwise be required to travel […]
As local rescue efforts continue in southeast Texas in the wake of Hurricane Harvey, senior housing providers in the Gulf Coast may need to take a closer look at their emergency preparedness plans to ensure that they are ready to handle such crises in the best interest of residents and staff alike. The issue is […]
The Centers for Medicare & Medicaid Services (CMS) has launched a new tool meant to help patients and their families find hospice care that best suits their needs. Hospice Compare is a new website that displays metrics related to the quality of care that a hospice provider delivers to its patients. The site is part of the CMS […]
The state of New Jersey took an added step to regulate elder care provided in institutional settings, recently implementing a new law that holds care providers to stricter reporting guidelines. Sponsored by Republican State Sen. James Holzapfel, “Peggy’s Law” requires any caretaker, social worker, physician, registered or licensed practical nurse, or other professional to immediately report suspected […]
The demand for frontline caregivers is no secret in the skilled nursing industry, as many providers often report facing challenges in recruiting amidst the nation’s growing aging population—ultimately brewing a perfect storm of supply not meeting demand. In fact, by 2030, job openings in the long-term services and supports (LTSS) sector is slated to “grow substantially,” as […]
When a San Francisco medical center shutters its skilled nursing and sub-acute care operations this month, the move will put an additional strain on a city facing a care shortage. Sutter Health California Pacific Medical Center (CPMC) will close its skilled nursing and sub-acute unit at St. Luke’s Hospital as part of a $600 million […]
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