With changes in Medicare reimbursement rules and heightened pressure to cultivate stronger clinical outcomes, technology has increasingly emerged as a solution to help providers find and retain staff. connectRN, a mobile software platform that assists registered nurses (RNs), licensed practical nurses (LPNs), nursing assistants, and other staff in finding available employment slots at multiple facilities, […]
The new federal guidelines mandating that hospitals offer patients detailed information about available post-acute providers is prompting their acute-care counterparts to solidify and deepen their discharge policies. The rule, finalized last month, calls for hospitals to provide information about residents’ SNF options — with detailed data on quality measures — to help patients make the […]
The arrival of the new Patient-Driven Payment Model (PDPM) on October 1 has created a flurry of changing operational strategies — and a reframing of how operators and staff track clinical outcomes. One of those shifts has been the rise of group and concurrent therapy services, which multiple voices have identified as a key potential […]
While more skilled nursing facilities are using home dialysis to diversify their offerings to patients, New York State’s Department of Health has introduced a new licensing model — with more regulatory steps for operators to complete. Dialysis services have been identified as a potential area of growth under the new Patient Driven Payment Model (PDPM); […]
Predictions that the Patient-Driven Payment Model (PDPM) will trigger a wave of skilled nursing M&A action either have not yet taken hold or won’t come true until the new year, according to multiple players who spoke to SNN on Wednesday. The burden of extra work related to more stringent quality data requirements and reimbursement changes […]
More than a year after Welltower’s (NYSE: WELL) mega-deal to snap up skilled nursing giant HCR ManorCare, the real estate investment trust’s CEO says the partnership is on the right financial footing. “They’re on track,” Tom DeRosa said of the early financial results in a recent interview with the National Investment Center for Seniors Housing […]
Senior Living Investment Brokerage (SLIB) facilitated the sale of three skilled nursing and assisted living communities in Huron and Sioux Falls, S.D. SunQuest Healthcare Center — licensed for 163 nursing beds — and SunQuest Village, offering 55 assisted living beds, are located on the same campus in the city of Huron. Southridge Healthcare Center is […]
Dialysis services have emerged as a potential growth area under multiple new Medicare payment models, and a skilled nursing provider in the Northeast has joined a growing list of companies partnering with vendors providing renal care. Marquis Health Services earlier this month teamed up with Compass Home Dialysis to provide staff-assisted bedside hemodialysis services at […]
Senior Living Investment Brokerage (SLIB) facilitated the sale of a 122-bed skilled nursing facility in Savannah, Ga., which was occupied by 88 residents at the time of sale. The 4.9-acre site may be expanded to use all of its licensed beds. “The seller ultimately selected the buyer whose future goals lined up well with the […]
White Oak Healthcare Finance on Tuesday announced its role in funding a $241 million senior credit facility for a group of 19 skilled nursing facilities. The portfolio consists of more than 2,000 beds across six states: Massachusetts, New Hampshire, Pennsylvania, Delaware, Maryland, and West Virginia. A spokesperson for White Oak, a San Francisco-based lender, confirmed […]
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