Tennessee Health Management, Inc., which operates 27 skilled nursing facilities in the Volunteer State, agreed to pay $9.76 million to settle allegations that it violated the False Claims Act. The agreement was announced by U.S. Attorney Don Cochran for the Middle District of Tennessee. “Enforcement of the False Claims Act remains a priority of the […]
As health care becomes increasingly data-driven, skilled nursing facilities have to find ways of gathering data on their patients — while working with tight budgets and dealing a workforce crunch. Technology providers, with services ranging from electronic medical records (EMR) to telehealth to remote monitoring, have stepped up to try to address the need. But […]
Three bills in the Oklahoma Legislature would increase funding for skilled nursing facilities while mandating a staffing increase, adding the Sooner State to a growing list of U.S. states that are trying to address funding shortfalls for nursing homes. The Oklahoman reported the news. On average, the state pays about $23 less than the cost […]
The Eden Springs nursing home in Green Springs, Ohio, was placed in receivership after lender CIBC filed foreclosure actions against several limited liability corporations connected to the facility, The Toledo Blade reported. The complex features a long-term acute care hospital, skilled nursing facilities, a long-term acute care hospital, an assisted living facility, and a pharmacy, […]
Several continuing care retirement communities (CCRCs) have been dropping or scaling back the skilled nursing care they provide, even though the full-service continuum of care forms a key selling point for their operators. There are numerous reasons. One is the role of government reimbursement in skilled nursing, as well as staffing issues — both were […]
The Federal Reserve recently signaled that it might pull back on future rate increases after several consecutive hikes. But even as the Fed pumps the brakes, the central bank’s moves in recent months haven’t put a damper on borrowing in the skilled nursing space. Part of the reason may simply be the number of moving […]
A skilled nursing facility in Hartford, Conn., is getting a second life after receivership, with iCare Health Network assuming operations this past Friday. The 150-bed SNF, which used to be known as Park Place Health Center, will operate under the name Parkville Care Center. The facility was part of Spectrum Healthcare, which underwent bankruptcy twice, […]
Nursing homes in the state of South Dakota are facing a $42 million annual shortfall in Medicaid reimbursement, which has led to the closure of several facilities. Without an increase, industry leaders said, the closings could lead to “statewide disaster.” The Argus Leader first reported the story. Nine nursing facilities have already closed, two are […]
The government has predicted a mix of winners and losers under the new Medicare payment model taking effect later this year. But due to the impact of payment changes on provider behavior — both past and future — there could end up being more winners under the new system than regulators expect. Specifically, under the […]
Low Medicaid reimbursements in Massachusetts have put skilled nursing facilities in the state on the brink of “colossal collapse,” according to a deep dive from the Telegram & Gazette published on Saturday. In the past year, 20 SNFs in the Bay State closed, and more than half of the state’s 401 skilled nursing providers are […]
The exponential growth of Medicare Advantage (MA), with its lower reimbursements and greater length-of-stay pressure, has been a thorn in the side of many skilled nursing providers. As part of a bid to wrest back control, SNFs are increasingly looking to become insurance providers, driving the growth of individualized Medicare Advantage options as they move […]
The Champaign County Board approved roughly $6 million in nursing home expenses for the Champaign County Nursing Home in Urbana, Ill., The News-Gazette reported. The board on January 15 voted to appropriate $1.98 million to pay off bills to nursing home vendors that dated as far back as fiscal 2015; it also voted to write […]
The blockbuster deal by Welltower Inc. (NYSE: WELL) to acquire skilled nursing provider HCR ManorCare with hospital non-profit ProMedica helped drive a record year for health care mergers and acquisitions, according to a new report from auditing and accounting firm PwC. The Toledo, Ohio-based real estate investment trust (REIT) closed on the acquisition in July […]
The Medicare payment model taking effect on October 1 this year represents a sea change for skilled nursing providers in that patient condition, rather than therapy minutes, will drive reimbursement. It also represents a sea change in the mechanics of reimbursement. Under the Patient-Driven Payment Model, ICD-10 codes will form the basis of reimbursements, making […]
Strawberry Fields REIT this week announced the acquisition of two skilled nursing facilities in southern Illinois for $5.9 million, $4.3 million of which was provided in cash. The properties — Integrity Healthcare of Alton in Alton, Ill., and Integrity Healthcare of Belleville in Belleville, Ill. — have a combined 361 beds. Strawberry Fields has been […]
A patient sent to a skilled nursing facility for rehabilitation usually comes from the hospital, but as the health care system changes, more and more patients will be making choices outside of the acute care setting. That includes decisions about rehab, and with that in mind, Centers Health Care recently launched a concierge rehab program […]
Adding specialized services could be a daunting task for skilled nursing providers coming off of a year of occupancy rate freefall, at least for most of 2018. But as they prepare for the new Medicare reimbursement system, the role of specialization in driving occupancy will only grow. That’s according to a webinar hosted Wednesday by […]
New York is among the top 10 states with the greatest number of nursing homes. But according to one state senator, the Empire State isn’t doing enough to enforce its existing regulations for standards of care — and needs new legislation to bring nursing homes up to speed. State Sen. Robert Ortt, a Republican whose […]
Building a new skilled nursing facility from the ground up poses some challenges in an industry with ultra-thin margins. But for Plum Healthcare Group in California, it’s an opportunity to address the needs of its current patients, in a way that an older building doesn’t allow. That’s especially true given that the average age of […]
Lehigh County in Pennsylvania will take over the management of daily operations at Cedarbrook Senior Care & Rehabilitation from Good Shepherd Rehabilitation Network, WFMZ 69 News reported. Good Shepherd was in charge of the daily operations at Cedarbrook’s centers in Fountain Hill and South Whitehall Township in Pennsylvania for the past three years, but decided […]
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