Care Collaboration-Focused Tech Company Raises $47.5M

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 […]

Newspaper Reports Shine Harsh Light on Nursing Home Crime in Minnesota

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% […]

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

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 […]

AHCA: HHS Nominee Azar is Respected and Experienced

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 […]

University-Based SNF to ‘Cross the Generations’

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 […]

Nursing Shortage Worsens as Retirement Wave Begins

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 […]

RNs Tops at Preventing Costly Medicine Problems in SNFs

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,” […]

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

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 […]

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

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 […]

Kindred Offering $10K Signing Bonus to Attract Registered Nurses

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. […]

LCS Promotes Joel Nelson to President, CEO

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, […]

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

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 […]

SNF Transactions: CareTrust Buys Three Facilities in Southern CA

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 […]

Tips to Recruit and Retain the Best SNF Directors of Nursing

Leader. Lifelong learner. Top-notch clinician. All ideal qualities for a skilled nursing facility’s director of nursing (DON). Finding – and keeping – a person with all those qualities is a daunting challenge. “I can only tell you, DONs in the post-acute skilled nursing world are very rare and they’re a treasure,” said Nancy Schwalm, chief business development […]

The Steps SNFs Can Take to Reduce Inappropriate Medication Use

Skilled nursing facilities looking to lower the use of potentially inappropriate medications (PIMs) could see success through implementing Multidisciplinary Multistep Medication Review (3MR) intervention, a study published Oct. 10 in the Annals of Internal Medicine suggests. Hans Wouters of the University Medical Center Groningen in the Netherlands, along with his colleagues, recruited 426 nursing home residents […]

Skilled Nursing Transactions: Greystone Secures $54.2M for NYC SNFs

Athena Health Care Buys Masonicare SNF in CT Athena Health Care Systems reached an agreement to purchase Masonicare’s Newtown, Connecticut skilled nursing facility and assisted living community, The Newtown Bee reported. The campus is licensed for 154 skilled nursing beds and 55 assisted living apartments, and the sale is expected to close by the end […]

SNFs, Hospitals with Shared Ownership Could See Bundled Payment Success

Bundled payment initiatives tend to work best if participating hospitals and skilled nursing facilities are part of the same institutional ownership structure, according to findings published this month in The Journal of Arthroplasty. The study investigated whether creating partnerships between hospitals and SNFs, with the shared goals of improving care coordination and maintaining appropriate length of stay, could […]