Posts by Maggie Flynn:

  • Why ManorCare’s Former CEO is Owed Millions After Bankruptcy

    Mar 19 2018

    Unfunded pension obligations are behind a multi-million-dollar payout due to HCR ManorCare’s former president and CEO — even though the company has filed for Chapter 11 bankruptcy. Paul Ormond, who left ManorCare in September 2017, is owed $116.7 million under the prepackaged bankruptcy plan by which Quality Care Properties, Inc. (NYSE: QCP) will take over Read More

  • Skilled Nursing Use Unchanged by Medicare Advantage Cost-Sharing Caps

    Mar 19 2018

    Limiting out-of-pocket costs for skilled nursing services under Medicare Advantage plans doesn’t appear to affect the use of SNF services. Specifically, when a team of researchers compared MA plans with mandatory cost-sharing reductions and those without, they found little difference in the use of SNFs. The findings, published online on March 12 in the Journal Read More

  • Providers Push Back Against MedPAC’s ‘Blunt’ Proposed Cuts

    Mar 18 2018

    The most recent report from the Medicare Payment Advisory commission (MedPAC) claims that skilled nursing reimbursements are too high, but one leading trade group says MedPAC’s own numbers paint a much bleaker picture. Data in the report showed that the total margins for freestanding skilled nursing facilities were 0.7% in 2016, down from 1.6% in 2015. Read More

  • Registered Nurse Staffing Falls Short in Most Nursing Homes

    Mar 15 2018

    Most nursing homes report registered nurse (RN) staffing levels at half an hour per resident day or less, highlighting the labor shortage that’s affecting most of the senior care industry. Seventy percent of nursing homes reported RN care at or below 30 minutes per day, while 82% of nursing homes reported total direct care staffing Read More

  • Genesis CEO Says Nationwide Scale Brings Skilled Nursing Strength

    Mar 15 2018

    Regional has increasingly become the name of the game in skilled nursing, but Genesis HealthCare (NYSE: GEN) expressed confidence in its scale during a presentation at the Barclays Global Healthcare Conference on Thursday. “There’s been a lot of discussion in the markets around the benefits of scale or the benefits of operating as a small local operator,” Read More

  • Providers Try to Anticipate Change with Flexible Design

    Mar 14 2018

    The coming “silver tsunami” is a concept that continues to inspire optimism in the skilled nursing and senior care space, but the health needs of that population are still murky. Flexible design is a tool that can help skilled nursing providers and others be prepared for these unknowns, and one Virginia continuing care retirement community (CCRC) Read More

  • AHCA Issues New Care Goals for Skilled Nursing Providers

    Mar 13 2018

    The American Health Care Association (AHCA) on Tuesday rolled out new three-year goals for skilled nursing facilities, challenging operators to improve on a variety of metrics. The goals — announced at AHCA’s national Quality Summit in New Orleans — for skilled nursing are aligned with new value-based care models and the priorities of the Centers for Medicare & Medicaid Services Read More

  • CareTrust Acquires $41.5M Portfolio, Lancaster Pollard Closes $11.9M Refinance

    Mar 13 2018

    ESI Arranges $7.2M Sale of Pennsylvania SNF Evans Senior Investments (ESI), a real estate brokerage firm with locations in Chicago and Boulder, Colo., represented the sale of the 66-bed Bloomsburg Rehab & Wellness Center, a skilled nursing facility in Pennsylvania for $7.2 million, or $117,000 per bed. The buyer and the seller were publicly traded real estate investment Read More

  • Lawsuits Force Signature to Give Up Highly Rated Nursing Home

    Mar 12 2018

    Amid a period of financial difficulty, a number of lawsuits forced Signature HealthCARE to give up management of a well-rated nursing home. The management of the facility, which was rated four out of five stars by the Centers for Medicare & Medicaid Services (CMS), was transferred to  Englewood Cliffs, N.J.-based Accordius Health on Feb. 1, Louisville Read More

  • Provider Organizations Express Concerns With Bundled Payments Program

    Mar 12 2018

    Not allowing post-acute care (PAC) providers to take the lead in the Bundled Payments for Care Improvement Advanced (BPCI Advanced) program will hamstring the government’s ability to improve savings and care, several associations argued in a letter to the Center for Medicare and Medicaid Innovation (CMMI). LeadingAge and other prominent long-term care associations raised concerns about Read More

  • Minnesota Providers Focus on New Practices Amid Resident Abuse Crisis

    Mar 11 2018

    Nightmarish stories about elder care in Minnesota have dominated the state’s news in recent months. The reports were especially striking given the state’s reputation as a haven for seniors: Minnesota has historically been named one of the best states for seniors, including by AARP’s 2017 state scorecard on long-term services and supports, where it ranked Read More

  • Feds Decide to Sit Out Fraud Case Against ManorCare Hospice Arm

    Mar 11 2018

    The U.S. government declined to intervene in a False Claims Act (FCA) case brought against HCR ManorCare’s hospice division, though it asked to be kept updated on pleadings in the case. The decision to not intervene marks another victory in FCA cases for ManorCare; in November, a Medicare fraud case against the Toledo, Ohio-based skilled nursing Read More

  • MedPAC Debates Troubling Post-Acute Referral Patterns

    Mar 08 2018

    You can lead patients to a high-quality post-acute care (PAC) provider, but you can’t make them decide to go there. That was a primary takeaway in a wide-ranging discussion at the Medicare Payment Advisory Commission’s (MedPAC) March public meeting that focused on how to steer beneficiaries into higher-quality PAC facilities. “Medicare statute provides beneficiaries with Read More

  • Skilled Nursing Occupancy Falls Again in Q4 2017

    Mar 07 2018

    Skilled nursing occupancy took another hit in the fourth quarter of 2017, dropping 66 basis points from the third quarter to end at 81.9%. Not even a severe and early flu season could help boost it, according the fourth quarter Skilled Nursing Data Report from the National Investment Center for Seniors Housing & Care’s (NIC). “Historically, occupancy Read More

  • Average Price-Per-Bed For SNFs Plummeted in 2017

    Mar 07 2018

    After five consecutive years of record prices, the average price per bed for skilled nursing facilities fell to $81,350 in 2017, a drop of 18% from the year prior. It might have fallen even further if the average cap rate in 2017 had not remained at historical norms, according to a press release from Norwalk, Read More

  • Omega SNF Tenant Orianna Enters Bankruptcy

    Mar 07 2018

    Real estate investment trust (REIT) Omega Healthcare Investors (NYSE: OHI) is working with struggling skilled nursing tenant Orianna Health Systems to execute a restructuring plan that involves Orianna entering Chapter 11 bankruptcy protection. Orianna and its affiliates operate 43 skilled nursing centers with approximately 4,500 beds in seven states. The plan involves transitioning some Orianna Read More

  • How Skilled Nursing Facilities Can Control Their Bundled Payment Destiny

    Mar 06 2018

    Post-acute care (PAC) providers, including skilled nursing facilities, may be out of the driver’s seat in the new bundled payments program from Centers for Medicare & Medicaid Services (CMS), but that doesn’t mean they need to sit on the sidelines. In fact, being proactive is one of the best things they can do position themselves Read More

  • Specialization, Hospital Partnerships Can Boost Rural Skilled Nursing Facilities

    Mar 05 2018

    For rural skilled nursing facilities, specialization and collaboration can be key ingredients to success, according to a recent webinar from Health Dimensions Group (HDG), a senior living consulting company. “People don’t quite understand how challenging it is and the amount of work that rural providers do to care take care of an entire community with Read More

  • Data-Driven Partnership Targets Hospital Admissions from Nursing Homes

    Mar 05 2018

    A new partnership aims to give skilled nursing facilities a leg up in preventing readmissions by facilitating the transmission of patient data in as close to real time as possible. If successful, it could boost resident quality of life — and help SNFs win back some of the 2% of Medicare reimbursements that the Centers Read More

  • QCP-ManorCare Deal Could Signal Skilled Nursing Upheaval

    Mar 04 2018

    When Quality Care Properties, Inc. (NYSE: QCP) announced an agreement to take over its troubled tenant HCR ManorCare late last week, it capped a long struggle between the landlord and the skilled nursing provider. The Bethesda, Md.-based QCP is expected to lose its status as a real estate investment trust (REIT) as a result of the deal, Read More

  • $41M Nursing Home Sale in New York, $41M Portfolio Sale in MI

    Mar 04 2018

    Non-Profit Sells Queens Nursing Home to For-Profit for $41M CenterLight Health System, a non-profit based in the Bronx, N.Y., will sell its Margaret Tietz Nursing and Rehabilitation Center in Queens to a group of limited liability companies for $41 million. The owners of those companies include Cassena Care principals Pasquale DeBenedictis and Alex Solovey and Workmen’s Read More

  • ‘Avoidable’ Nursing Home Discharges Might Be Hard to Avoid

    Feb 28 2018

    Keeping nursing home residents out of the hospital can save them from the risks associated with both the transition to the hospital and the hospitalization itself — while also preventing reimbursement penalties. But doing that in the nursing home setting is more complicated than it might seem, according to a study from the Indiana University Read More

  • Low-Profile Buyers Seize Moment in Skilled Nursing Sector

    Feb 27 2018

    As larger chains and real estate investment trusts (REITs) downsize, smaller buyers have taken center stage in the skilled nursing acquisitions arena. In particular, there’s been an uptick in smaller buyers of skilled nursing facilities who keep a lower profile, at least as defined by their web presence. It’s not uncommon for these individuals or Read More

  • Most Long-Term Care Companies Say They Don’t Invest Enough in Tech

    Feb 27 2018

    A long-term care (LTC) community plays host to residents, clinicians and, at times, family members, and with that variety comes a potentially dizzying array of technological considerations ranging from nurse call systems to video surveillance. But there are some distinctive trends in the LTC space for tech and devices, according to a Tuesday webinar from Read More

  • Targeting Seniors in the ER Can Bolster Partnerships, Reap Savings

    Feb 26 2018

    Emergency departments could play a key role in care transitions for older patients and lead to overall Medicare savings, according to a study published in the Journal of the American Geriatrics Society. More generally, focusing on seniors in the ED could also lead to better relationships between hospitals and skilled nursing facilities. “The emergency department is Read More

  • Skilled Nursing Often Plays Second Fiddle to Acute Care Hospitals

    Feb 26 2018

    Skilled nursing facilities are less costly for Medicare than long-term acute care (LTAC) facilities, but they can be missed as an option for seniors recovering from hospitalization, according to a new study in JAMA Internal Medicine. “Essentially what we found was dramatic variation in LTAC use, and only about a half of the variation, the reason Read More

  • Private Plans, Medicaid Outperform Medicare in Skilled Nursing Rehab

    Feb 25 2018

    Private health insurance policies that renew their skilled nursing benefits weekly are more effective in getting patients to reach their rehabilitation goals, compared with Medicare benefits, according to a small study published in the Annals of Long-Term Care. Samson Barasa of Peace Health Sacred Medical Center in Eugene, Ore., and Donald Jurivich of the University of Read More

  • All in the Family: Canadian Facility Brings Skilled Nursing, Condo Living Together

    Feb 25 2018

    A new residence in British Columbia is making retirement a matter for the whole family. And that includes those who might need care on an around-the-clock basis. The Opal residence from Element Lifestyle Retirement, which provides management services for senior retirement communities, is projected to be completed in February 2019. It features 44 residential condominium Read More

  • $22M Nursing Home Rejected in Florida, Masonicare Sells $13M SNF

    Feb 25 2018

    Florida’s Agency for Health Care Administration gave and took away in a recent round of projects that it reviewed for the central region of the state, the Orlando Business Journal reported. The agency, which is responsible for Florida’s Medicaid program and the licensure of its health care facilities, rejected a 110-bed nursing home for the Lake Read More

  • Investors and Operators Shun Standalone Skilled Nursing Facilities

    Feb 22 2018

    The hits keep coming for the skilled nursing sector. A new survey from professional services firm JLL (NYSE: JLL) finds that more than half of operators and investors consider standalone skilled nursing facilities “not at all desirable” as an an investment. The findings of the Year-End 2017 Seniors Housing Investor Survey come in a high-pressure atmosphere of low Read More

  • Signature Eyes Deal to Avoid Bankruptcy in Coming Weeks

    Feb 21 2018

    Signature HealthCARE officials say they are hoping to reach a deal to restructure the company’s financial obligations in the next four to six weeks, Louisville Business First reported on Wednesday. Bankruptcy proceedings do remain a possibility, however, Signature CEO and co-founder Joe Steier told the publication. Signature has been dealing with problems for some time now: One Read More

  • Skilled Nursing Provider Bets on Remote Monitoring

    Feb 20 2018

    A recent vendor-funded study showed that passive monitoring technology could bring savings to skilled nursing operators — and at least one operator agrees. The Allure Group, which owns six skilled nursing facilities in New York, is in the process of implementing contact-free continuous monitoring (CFCM) from EarlySense in all of its facilities. “Remote monitoring is Read More

  • Michigan Considers Moving Long-Term Medicaid to Managed Care

    Feb 20 2018

    Long-term care (LTC) groups in Michigan expressed alarm at the possibility of the state moving its $2.8 billion Medicaid nursing home and LTC services programs to managed care, according to a report in Crain’s Detroit Business. Under Section 1857 of the 2017-2018 state budget, the Michigan Department of Health and Human Services (MDHHS) must “explore the implementation Read More

  • Transactions: $47M Bridge Loan, Signature Property Sells in FL

    Feb 19 2018

    HFF Announces Sale of San Antonio SNF HFF announced the sale of the 144-bed Mesa Vista Inn Healthcare Center, a post-acute skilled nursing facility in San Antonio, Texas. HFF marketed the property for Kayne Anderson Real Estate, the seller, and procured the buyer, an O&M Investments affiliate. Harborview Capital Partners Arranges $47.5M Bridge Loan  Harborview Capital Partners, a commercial Read More

  • Hospice Satisfaction in Nursing Homes Lags Behind Other Long-Term Care Settings

    Feb 15 2018

    The perceived quality of hospice care in nursing homes (NHs) compared poorly to other settings such as home health and assisted living, according to a new study from the Indiana University Center for Aging Research and the Regenstrief Institute. Kathleen Unroe of Indiana University and colleagues examined 7,510 survey responses to the Family Evaluation of Hospice Care, a federally Read More

  • Virtual Behavioral Health Services Can Cut Skilled Nursing Costs

    Feb 15 2018

    Telehealth services that focus on behavioral health can reduce the overall costs of care for long-term care (LTC) residents by keeping them out of the hospital and emergency department (ED). The technology allows LTC facilities, particularly rural ones, to deliver needed behavioral health services to their residents, a new study found. Specifically, the services can Read More

  • Omega Working Through Operator Problems, Optimistic About Skilled Nursing Future

    Feb 14 2018

    Omega Healthcare Investors, Inc. (NYSE: OHI) reported progress on its operator issues and expressed optimism about the regulatory and legislative environment during its fourth-quarter earnings call on Wednesday. Executives reported “considerable progress” in resolving its issues with Louisville, Kentucky-based Signature HealthCARE, which missed payments in the third quarter, while negotiations with Orianna Health Systems are Read More

  • WSJ: Amazon Looking to Reinvent Medical Supply Space

    Feb 13 2018

    After sending a shock through the health space last month, e-commerce giant Amazon may be coming for the medical supply industry, too. Amazon (Nasdaq: AMZN) has been inviting hospital executives to its headquarters in Seattle to gather information and test ideas for expanding Amazon Business, a business-to-business marketplace, to include medical supplies for outpatient locations, operating Read More

  • Modern Skilled Nursing Must Have Tech Foundation

    Feb 12 2018

    When picturing the best setting for a thriving, well-lived life, most people won’t imagine a nursing home. The skilled nursing facility of the future can change that, however, with a strong technological base that facilitates connectivity for both residents and medical personnel. “A building requires a foundation,” Michael Skaff, chief information officer at Jewish Senior Read More

  • CCRC Adds $3 Million High-End Skilled Nursing Center

    Feb 12 2018

    Citing increasing demand, a Denver continuing care retirement community (CCRC) recently opened a high-end rehabilitation center. Christian Living Communities, a not-for-profit that owns and manages senior living services and communities in the metropolitan Denver area, added the Someren Glen Transitional Care Neighborhood early this month. The center includes 18 private suites and a entry that Read More

  • Former Kindred Executive Named COO of Wingate Healthcare

    Feb 11 2018

    Jill Bosa has been named chief operating officer (COO) at Wingate Healthcare, a senior living and health care services provider in Massachusetts, Rhode Island, and New York. Bosa previously served as COO of the Nursing Center Division at Kindred Healthcare (NYSE: KND), where she oversaw more than 100 skilled nursing facilities, assisted living communities, and sub-acute care centers Read More

  • Monitoring Tech Could Boost Per-SNF Revenues by $3.6 Million

    Feb 08 2018

    The average post-acute care (PAC) facility in the U.S. could increase its profits by 13% and its revenue by 22% by installing contact-free continuous monitoring (CFCM) in just some of its existing beds, according to a white paper from consulting firm Frost & Sullivan (F&S) The Israel-based medical device company EarlySense, which provides contact-free and continuous Read More

  • New Bundled Payment Models Could Shove Out SNFs

    Feb 07 2018

    Post-acute care providers will have to adapt to a bundled payment system that gives primacy to hospitals and physicians — and to do that, they’ll have to prove their value to a host of partners, according to a recent blog post from the National Investment Center for Seniors Housing & Care (NIC). The Centers for Read More

  • Indiana Providers Adopt ‘Creative Scheduling’ Amid Workforce Pinch

    Feb 07 2018

    Almost 100% of long-term care (LTC) providers in Indiana are asking staff to pick up additional hours, and more than 70% are asking employees to work double shifts or overtime, according to the preliminary findings from a survey from the Indiana Health Care Association/Indiana Center for Assisted Living (IHCA/INCAL) and other industry groups. They’re also Read More

  • Regional Will Rule in Skilled Nursing Transactions This Year

    Feb 06 2018

    Low occupancy, political and regulatory uncertainty, staffing crunches, and reimbursement pressures present a fraught landscape for skilled nursing players to navigate. But companies that are looking to sell — or buy— will have plenty of opportunities in 2018. And as they seek each other out, localization will be a major force. “The skilled nursing business Read More

  • Skilled Nursing Transactions: Blueprint, Sabra, CareTrust

    Feb 06 2018

    Blueprint Announces Involvement in 20-SNF Portfolio Sale Blueprint Healthcare Real Estate Advisors announced the portfolio sale of 20 skilled nursing facilities, with 1,866 total licensed beds, for $103.3 million. A dozen facilities were located in Kentucky, seven were in Ohio, and one was located in Indiana. The Chicago-based advisory firm said it served as the Read More

  • Human Rights Group Alleges Rampant Unnecessary Drug Use in SNFs

    Feb 05 2018

    Human Rights Watch (HRW), a non-governmental organization that publishes reports and briefings on human rights conditions in about 90 countries, on Monday released a report estimating that more than 179,000 people in U.S. nursing facilities are inappropriately given antipsychotic drugs. “The drugs’ use as a chemical restraint — for staff convenience or to discipline or Read More

  • Non-Profit Texas SNFs Forced to Close Amid Low Medicaid Rates

    Feb 04 2018

    Morningside Ministries, a not-for-profit organization in San Antonio, Texas, that provides senior housing and care services, closed its Chandler Estate nursing home rather than risk lowering the quality of care under pressure from the state’s Medicaid system. The nursing home is slated to lock its doors this month, according to the San Antonio Express-News. And Morningside Read More

  • Skilled Nursing Transactions: Monticello, HJ Sims, HFF, Blueprint

    Feb 01 2018

    Monticello Provides $8M to NY SNF An affiliate of Monticello Asset Management provided $8 million in financing to Leroy Operating, which will buy a 140-bed skilled nursing facility in New York. The facility has a five-star rating from the Centers for Medicare and Medicaid Services (CMS), and includes a 40-bed non-secure memory unit and a 28-bed short-term Read More

  • All-Female Memory Care Unit Opens on Texas Skilled Nursing Campus

    Feb 01 2018

    Williamsburg Village Healthcare, a Texas skilled nursing and rehab community, this week opened a 24-bed memory care wing with a twist: It will serve women only. It’s a unique way to address a clear-cut need in the area, Gibson Vernon, the executive director of the StoneGate-managed Williamsburg Village, told Skilled Nursing News. “Every tour that Read More

  • Nursing Care Transactions Drop Almost 11% in 2017

    Jan 31 2018

    Nursing homes dragged down overall senior housing transaction volume in 2017, according to preliminary data from the National Investment Center for Seniors Housing & Care (NIC). Nursing care transactions volume fell 10.8%, from $7 billion in 2016 to $6.2 billion in 2017. By contrast, seniors housing increased 4.5% percent, rising to $7.9 billion in 2017 Read More

  • AARP: ‘Critical Gaps and Inequalities’ for Minnesota SNF Residents

    Jan 31 2018

    A new report aims to address the issue of elder abuse in Minnesota after the revelation of hundreds of cases of crime and neglect in the state’s senior care centers. Minnesota Gov. Mark Dayton asked AARP Minnesota to convene a consumer working group in response to a series of articles by the Minneapolis Star Tribune Read More

  • Amid Opioid Epidemic, Drug Rehab Operators Eyeing SNF Properties

    Jan 31 2018

    As millions of Americans grapple with opioid abuse disorders, skilled nursing facilities are attractive locations for drug treatment facilities. With more than 2 million people in the U.S. having a substance abuse disorder, according to the Department of Health and Human Services (HHS), the demand for care is spiking. “There’s this huge need for additional Read More

  • Health Care M&A Surged in 2017 Among Providers Big and Small

    Jan 30 2018

    Mergers and acquisitions dominated the hospital and health system landscape in 2017, and the deals indicate the growth of strategic transactions. That’s the takeaway from a new health care M&A report from Kaufman Hall, a Skokie, Ill.-based consulting firm. Last year, 115 health care deals with transacted revenue of $63.19 trillion were announced, the highest number Read More

  • Coordination Key to Reducing Antipsychotic Use in Nursing Homes

    Jan 30 2018

    The broad majority of antipsychotic prescriptions are initiated in nursing homes, but almost 20% were initiated in hospitals and many were continued from other settings, according to a new study published online this month in the Journal of the American Geriatrics Society. The results suggest that antipsychotic treatment needs to be assessed after transitions of Read More

  • Why New Blueprint CEO Thinks Smaller is Better for SNF Operators

    Jan 29 2018

    The former CEO and co-founder of Care Investment Trust will join Blueprint Healthcare Real Estate Advisors next month as the firm’s first president and CEO — and he predicts the market will be ripe for transactions in the coming year. Salvatore “Torey” Riso’s first goal will be to get a sense of where Blueprint’s business Read More

  • Altercare Enters Agreement to Operate Six Ohio SNFs

    Jan 29 2018

    Altercare Integrated Health Services, which operates 21 nursing care and rehabilitation centers in Michigan and Ohio, entered an agreement to acquire the operations of six centers in Ohio that are managed by Greystone Healthcare Management. Two remaining facilities are expected to follow in the next several months. Based in Tampa, Fla., Greystone Healthcare Management manages Read More

  • Skilled Nursing Pressures Forcing Non-Profits to Sell or Close

    Jan 28 2018

    Headwinds in the skilled nursing industry have forced many non-profits to operate at a significant financial loss, to the point that SNF assets are becoming a drag on their overall health. That’s according to Lisa McCracken and Dan Revie, writing in Ziegler Investment Banking’s Senior Living Z-News, which covered the dispositions and closures of not-for-profit Read More

  • Despite Recent Research, SNF Quality Key for Medicare Advantage Plans

    Jan 23 2018

    As Medicare Advantage (MA) continues to capture market share, skilled nursing facilities can seize the moment by focusing on quality to draw the attention of MA providers. The MA plans themselves are starting to pay more attention to quality, compared with prior years when geography and SNF-hospital partnerships took precedence, Mary Hsieh, managing principal at Read More

  • Skilled Nursing Transactions: NHI, CarDon, Greystone, Ziegler

    Jan 23 2018

    NHI Purchases Texas SNF for $14.4M National Health Investors, Inc. (NYSE: NHI) acquired a a 121-bed skilled nursing facility (SNF) in Waxahachie, Texas for $14.4 million.  The facility will be leased to an affiliate of The Ensign Group. It was added to the existing portfolio of 16 Ensign facilities across the state. CarDon & Associates Adds Lincoln Hills Read More

  • Ziegler CEO Paprocki to Retire, Hermann to Take His Place

    Jan 22 2018

    A major player in the skilled nursing and senior housing finance world will have a new CEO by spring. Ziegler’s board of directors announced that CEO Tom Paprocki will retire, effective March 31. Dan Hermann, who has been at Ziegler for 30 years and serves as head of investment banking, will assume the role of president Read More

  • Only 7% of Caregivers Prefer to Work in Nursing Homes, Report Finds

    Jan 18 2018

    Nursing homes fared particularly poorly in a new report on caregiver preferences, with only 7% saying they preferred to work in that setting. The other results highlighted what many in senior care have known for a long time: The labor market is tough, and the ramifications could be extensive. Specifically, 65% of caregivers are “always Read More

  • Skilled Nursing Transactions: Genesis, Ziegler, Centers Health Care

    Jan 17 2018

    Genesis Nursing Home in Dayton Sells for $4.8M The 120-bed Genesis HealthCare New Lebanon Center was sold on Jan. 4 for $4.85 million to two limited liability companies: New Lebanon Propco LLC and New Lebanon Propco TIC II LLC. The Dayton Business Journal reported the sale, citing property records in Montgomery County, Ohio. Both companies list Read More

  • Massachusetts Lawmakers Want Investigation of Kindred SNF Closures

    Jan 16 2018

    Eight Massachusetts state legislators have asked state Attorney General Maura Healey to investigate Kindred Healthcare (NYSE: KND) as it plans to close four nursing homes and an assisted living facility in the greater Boston area, the Boston Globe reported. The lawmakers accused Kindred of misusing state funds at the facilities it plans to close, including Read More

  • Cross-Sector Partnerships Could Address SNF Rehospitalizations

    Jan 09 2018

    As skilled nursing facilities and nursing homes face increasing pressure to avoid rehospitalizations, they can draw some lessons from a study from Yale and the Scripps Gerontology Institute that examined the impact of cross-sectoral partnerships on preventable health care spending. Area Agencies on Aging (AAA) coordinate social services for older adults across the U.S. and regularly work Read More

  • Medicare Advantage Enrollees More Likely to Enter Low-Quality SNFs

    Jan 08 2018

    Fee-for-service (FFS) Medicare has been increasingly de-emphasized in favor of newer payment models such as Medicare Advantage (MA), but a new study in the journal Health Affairs suggests that FFS might provide better skilled-nursing choices for its beneficiaries. “Even after accounting for the quality of nursing homes in a geographic area and the quality of Medicare Advantage Read More

  • Skilled Nursing Transactions: Greystone, Ensign, KeyBank

    Jan 08 2018

    Greystone Provides $23.5M HUD Loan for Suburban New York SNF Greystone, a New York City-based real estate lending, investment and advisory company, provided a $23.52 million permanent loan insured by the U.S. Department of Housing and Urban Development (HUD) to refinance The Willows at Ramapo Rehabilitation and Nursing Center in Suffern, N.Y. The long-term Federal Housing Administration (FHA) financing has Read More

  • Nursing Homes Can Set Themselves Apart from Competitors on Flu Vaccines

    Jan 04 2018

    Average isn’t good enough when it comes to influenza vaccination rates among staffers at nursing homes, a new poll suggests. The survey, from the National Poll on Healthy Aging and conducted by the University of Michigan Institute for Healthcare Policy and Innovation, found significant support among people over age 50 for a flu vaccine requirement for Read More

  • Skilled Nursing Transactions: Stirling Properties, Trinity Healthcare

    Jan 02 2018

    Stirling Properties Acquired $60M Rehab Hospital Stirling Properties and the Ochsner Clinic Foundation’s joint venture closed on the acquisition of a new Ochsner rehabilitation hospital in Jefferson, La., Canal Street Beat reported. The five-story, 129,875-square-foot medical building will house three health care components: a skilled nursing facility, long-term acute care, and inpatient rehabilitation. Ochsner will be the primary Read More

  • Geriatrician Numbers Slump in SNFs as Advanced Practitioners Take Over

    Dec 21 2017

    As advanced practitioners become more prominent in the skilled nursing setting and elsewhere, geriatricians are on the decline, according to a new report from the University of California, San Francisco (UCSF). But what that means for the geriatrician role isn’t immediately clear. “Basically, there’s a growing shortage of geriatricians, and they’ve tried many things to Read More

  • Skilled Nursing Transactions: Deals in Tennessee, Illinois, Ohio

    Dec 20 2017

    Blueprint Announces Sale of Nashville SNF Blueprint Healthcare Real Estate Advisors, a Chicago-based advisory firm focused on health care real estate and senior housing, announced the sale of a 119-bed skilled nursing facility in Nashville, Tenn., for a purchase price of $16 million, or $134,454 per licensed bed. The deal was conducted for a public real estate Read More

  • Physician Assistants Could Address Skilled Nursing, LTC Staffing Gaps

    Dec 19 2017

    Though a significant proportion of jobs in long-term and elder care are designated solely for nurse practitioners (NPs), physician assistants (PAs) may be an overlooked resource for operators facing persistent staffing issues. That’s according to a new report from the University of California, San Francisco, which examined job postings for nurse practitioners (NPs) and physician assistants Read More

  • Some California Nursing Homes Inflated Star Ratings

    Dec 17 2017

    The Centers for Medicare & Medicaid Services (CMS) has made improvements to its Five-Star Quality Rating System after questions about self-inflation, and a new study provides more evidence for why the changes were necessary. The study, by University of Connecticut professors Niam Yaraghi and Ram Gopal and Xu Han of Florida Atlantic University, examined 1,200 California Read More

  • States See Progress in Long-Term Care, But Still Can Improve

    Dec 14 2017

    With both health care costs and the age of the U.S. population rising, states are caught between the needs of elder care and the necessity of restraining spending. The SCAN Foundation’s Pacesetter Prize, created this year, is aimed at recognizing the states that have risen to the challenge by improving long-term services and support (LTSS) for Read More

  • Skilled Nursing Occupancy Drops to New Low in Q3

    Dec 14 2017

    Skilled nursing occupancy reached a new low in the third quarter at 81.6%, according to the National Investment Center for Seniors Housing & Care’s (NIC) new report on skilled nursing occupancy and revenue trends. Downward pressure on occupancy has been steady since May 2015, and the decline for this year—quarterly occupancy fell 29 basis points Read More

  • Transactions: Grand Healthcare Buys Ninth N.Y. SNF

    Dec 12 2017

    Grand Healthcare System Buys SNF in Valatie, New York The Grand Healthcare System, based in Whitestone, New York, purchased the 236-bed Barnwell Nursing and Rehabilitation Center, the Times Union reported. Grand purchased the Valatie, New York facility from Cassena Care, bringing Grand’s SNF total in New York to nine. Documents from New York’s Health Department indicated that entities linked to Read More

  • Advanced Practice Nurses Cut Hospitalizations from SNFs by Almost Half

    Dec 11 2017

    If a nursing home wants fewer hospitalizations, it needs more nursing personnel. This was the takeaway from a report released in October on an initiative supported by the Centers for Medicare & Medicaid Services (CMS). The initiative was meant to reduce avoidable hospitalizations among nursing facility residents, and was part of the Missouri Quality Initiative for Nursing Read More

  • Skilled Nursing Transactions: Kindred Continues SNF Sell-Off

    Dec 04 2017

    Kindred Provides Update on Closings for Its Skilled Nursing Facility  Louisville, Kentucky-based Kindred Healthcare said it completed additional closings connected with its agreement to sell off its skilled nursing assets to BM Eagle Holdings, LLC. The most recent closings include 12 skilled nursing facilities and one assisted living facility sold since Oct. 1, with proceeds Read More

  • How South Dakota Got Its First New SNF in 30 Years

    Dec 03 2017

    The Evangelical Lutheran Good Samaritan Society’s new 30-bed skilled nursing facility in Rapid City, South Dakota, will be the first in the state since 1988. That was the year the state implemented a moratorium on new nursing home construction. It was also the year South Dakota repealed its certificate of need (CON) system, which covered Read More

  • SNF Apprenticeship Program Will Take CNAs Beyond Book Learning

    Nov 30 2017

    Apprenticeship programs are often associated with skilled laborers, such as carpenters or electricians. Now Marion County, Indiana, is going to test the concept in skilled nursing and other long-term care settings. The Indiana Health Care Association/Indiana Center for Assisted Living (IHCA/INCAL), a trade association representing the state’s long-term care facilities, and EmployIndy, a workforce development nonprofit in Read More

  • CMS-Backed Clinical Program Drastically Lowers Avoidable Hospitalizations at SNFs

    Nov 29 2017

    Potentially avoidable hospitalizations for long-stay nursing facility residents can be significantly reduced by embedding nurses and nurse practitioners, according to a new analysis. In turn, the strategy could substantially slash Medicare spending. That’s according to an independent evaluation of the OPTIMISTIC program prepared at the request of the Center for Medicare and Medicaid Innovation (CMMI). OPTIMISTIC was developed Read More

  • Saber Healthcare Makes Major Telehealth Push at 88 Facilities

    Nov 29 2017

    Saber Healthcare Group has implemented its first telemedicine program, in partnership with TeleCare Partners Group (TPG). The program will be rolled out to Saber’s 88 skilled nursing facilities in Ohio, Pennsylvania, Florida, Indiana, North Carolina and Virginia. The program launch started in the first week of October, with a total of 28 facilities folded into the program so Read More

  • More Doctors Specialize in Nursing Home Care, Study Shows

    Nov 28 2017

    Increasing numbers of doctors and advanced practitioners in the U.S. are focusing on nursing home care, which could indicate a trend toward the specialty as the U.S. population ages. Of all the doctors and advance practitioners who do any work in nursing homes, 21% specialize in nursing home care, a new study published Tuesday in Read More

  • Transactions: Nursing Complex Sale in Upstate NY, SunTrust Funds Virginia CCRC Expansion

    Nov 27 2017

    Post Acute Partners to Buy Majority Stake in Upstate NY Nursing Complex Weinberg Campus, a New York state senior living provider, agreed to sell the majority of its main nursing home and senior care complex in Amherst, New York, to Post Acute Partners, The Buffalo News reported. The Weinberg facilities will be operated by Post Acute Partners Read More

  • SNF Residency Gives Nurses ‘Ownership’ in Long-Term Care

    Nov 22 2017

    Nurse residencies have long been associated with hospitals and the resources they provide, but long-term care facilities are starting to see their potential as they focus on hiring and retaining the best nurses. When the University of Wisconsin realized new nurses were also starting to expect, or at least ask about, residency programs in long-term Read More

  • Why Value-Based Care Could Improve SNF Care, Lower Costs

    Nov 21 2017

    Value-based programs can lead to lower costs of care and better quality of care for seniors enrolled in Medicare Advantage (MA) plans, according to an internal study from Louisville, Kentucky-based health insurance provider Humana. The study found total health care costs for practices in Humana’s value-based arrangements were 15% lower than original fee-for-service Medicare. Compared with standard Read More

  • Florida Agency Scrubs Nursing Home Inspections From Website

    Nov 20 2017

    The Florida Agency for Health Care Administration (AHCA) removed all nursing home inspections from its website about three months ago, the Miami Herald reported. The agency gave no announcement or notice of the removal of the records, which came soon after the Miami Herald reported on the agency’s decision to heavily redact reports. The AHCA spent Read More

  • Care Collaboration-Focused Tech Company Raises $47.5M

    Nov 16 2017

    Care collaboration between providers on the continuum remains a top priority for skilled nursing facilities and other providers, especially as new payment models such as bundled payments require operators to work together. One Utah-based firm sees potential in capturing emergency-room data that follows a patient outside the hospital — and investors have given the idea a $47.5 Read More

  • Newspaper Reports Shine Harsh Light on Nursing Home Crime in Minnesota

    Nov 15 2017

    Hundreds of assaults, rapes and robberies take place at senior care centers in Minnesota, and state regulators lack the expertise and staff to investigate them, according to a series by the Star Tribune. The Minnesota Department of Health received 25,226 allegations of neglect, physical abuse, unexplained serious injuries, and thefts within state-licensed homes for the elderly, 97% Read More

  • Skilled Nursing Transactions: Cascadia Now Largest Post-Acute Operator in Idaho

    Nov 14 2017

    Cascadia Healthcare Becomes Largest Post-Acute Operator in Idaho Cascadia Healthcare announced several transactions that made the Eagle, Idaho-based post-acute health care company the largest such operator in the state. Cascadia of Nampa, a 99-bed transitional care facility in Nampa, Idaho, opened most recently. In addition, Cascadia expects to open a similar construction facility in Boise, Idaho, early next Read More

  • AHCA: HHS Nominee Azar is Respected and Experienced

    Nov 13 2017

    President Donald Trump tweeted Monday morning that he would nominate Alex Azar, a former executive with pharmaceutical giant Eli Lilly, as secretary of the Department of Health and Human Services. The nation’s largest skilled nursing provider association stands ready to work with Azar, the group stated, while others raised some concerns about what his nomination could mean Read More

  • University-Based SNF to ‘Cross the Generations’

    Nov 12 2017

    A new skilled nursing facility in Jacksonville, Florida seeks to expose students to the world of elder care — by bringing the residents right to their campus. Dolphin Pointe Landing, a skilled nursing facility that will be operated by Clear Choice Health Care, is under construction beside Jacksonville University (JU), with the goal of introducing students of Read More

  • Nursing Shortage Worsens as Retirement Wave Begins

    Nov 08 2017

    The nursing shortage has gotten worse over the past five years, according to almost half of the nurses surveyed in AMN Healthcare’s 2017 Survey of Registered Nurses (RNs). That’s much higher than those who said the same in 2015. It’s only likely to get worse, as the survey’s findings suggest retirement among baby boomer nurses Read More

  • RNs Tops at Preventing Costly Medicine Problems in SNFs

    Nov 08 2017

    Registered nurses (RNs) are better equipped than licensed practical nurses (LPNs) to identify medication order discrepancies that could lead to major problems, according to a new study from the University of Missouri. “If we’re not managing these medications appropriately and not identifying what the potential problems are, these residents may end up back in the hospital,” Read More

  • Federal Judge Orders DOJ to Pay ManorCare’s Legal Fees in Fraud Case

    Nov 07 2017

    A federal judge ordered the U.S. Department of Justice to pay HCR ManorCare’s legal fees in a Medicare fraud case, citing missteps by the government. U.S. Magistrate Judge Theresa Carroll Buchanan of the Eastern District of Virginia also struck a key expert witness in the case, which sees the provider accused of submitting millions of dollars worth of Read More

  • Transactions: Greystone Provides $24.9 Million HUD Loan for Yonkers SNF

    Nov 07 2017

    Greystone Provides $24.9 Million HUD Loan for Yonkers Facility Greystone, a real estate lending, investment and advisory company in New York, provided a $24,910,200 permanent loan insured by the Department of Housing and Urban Development (HUD) to refinance Adira at Riverside Rehabilitation & Nursing, a skilled nursing facility in Yonkers, New York. The loan carries a Read More

  • Kindred Offering $10K Signing Bonus to Attract Registered Nurses

    Nov 06 2017

    Louisville, Kentucky-based Kindred Healthcare is offering a $10,000 signing bonus for each of five registered nurse (RN) positions in the Louisville area listed on its job website. The high signing bonus, first reported by Louisville Business First on Friday, is also available to RNs in California, New Mexico, Missouri, Colorado and Georgia, Kindred’s job site indicates. Read More

  • LCS Promotes Joel Nelson to President, CEO

    Nov 02 2017

    Life Care Services (LCS), one of the largest nursing and senior housing companies in the U.S., has promoted Joel Nelson to CEO and president. The leadership change is effective Jan. 1, 2018, the company announced Thursday. Longtime CEO Ed Kenny, pictured above, will remain chairman of the board of Life Care Companies and LCS Holdings. Based in Des Moines, Read More

  • Health Care Spending Could Reach 40% of Federal Total by 2047

    Nov 01 2017

    If current policies don’t change, federal spending on Medicare, Medicaid, and other health care programs will grow faster than any other category over the next three decades — eventually reaching 40% of the federal budget. The Congressional Budget Office (CBO) presented these statistics in a Wednesday presentation to the Council for Affordable Health Coverage and the American Read More

  • SNF Transactions: CareTrust Buys Three Facilities in Southern CA

    Oct 31 2017

    CareTrust REIT Acquires Three SNFs in Southern CA CareTrust REIT (Nasdaq: CTRE) acquired three skilled nursing facilities and provided mortgage financing for a fourth in Southern California. The San Clemente, Calif.-based real estate investment trust entered a new tenant relationship with affiliates of Providence Group in connection with the deal. The total investment for the Read More

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