Nursing home care prices continued to rise faster than overall health care prices in September 2026, increasing 3.7% year over year, amid nursing home spending declines. According to Altarum’s health care spending brief for October released Thursday, this represents an acceleration of 0.9 percentage points over two years. Nursing home care price growth exceeded the […]
New federal limits could reduce funding for nursing home services by billions of dollars, according to an analysis published Wednesday. These payments total an estimated $3.7 billion annually, including $2.2 billion in federal funding. Potential cuts could strain nursing home finances, reduce Medicaid bed availability and limit residents’ access to care. The 2025 federal budget […]
An Indiana-based private owner exited the nursing home business by selling its final skilled nursing facility (SNF) to an East Coast-based operator. Separately, an Ohio-based chain sold three SNFs to an operator expanding into the Midwest. SNF sold in Indiana Senior Living Investment Brokerage facilitated the sale of Northwest Manor, a 126-bed skilled nursing facility […]
As lawmakers aim to overhaul the nation’s long-term care (LTC) system, with proposals addressing nursing home ownership transparency and staffing standards, providers are seeking adjustments while expressing support for many of the proposed changes. Senate Finance Committee Democrats, led by Ranking Member Ron Wyden, who issued a request for information (RFI) on Friday, are seeking […]
After a federal judge approved Genesis HealthCare’s Chapter 11 liquidation plan Wednesday, one consequence across the nursing home giant’s nationwide operations is that patients and families with claims against the company will likely recover about a quarter of what they are owed. The outcome has renewed concerns among plaintiffs’ attorneys about a broader pattern in […]
A 30-property skilled nursing and assisted living portfolio in Kentucky and Tennessee received $600 million in bridge financing. Meanwhile, a 118-bed skilled nursing facility in Pensacola, Florida, changed hands. $600 Million in Financing for 3,050 Plus Bed Portfolio MONTICELLOAM funded $600 million in total bridge financing for a thirty-property skilled nursing and assisted living portfolio […]
Genesis HealthCare secured court approval Wednesday for the sale of its nationwide nursing home business to an affiliate of New Generation Health LLC for nearly $1 billion as part of its bankruptcy proceedings. Buyer 101 West State Street LLC will take over Genesis HealthCare’s operations and employees, including those related to 22 Pennsylvania nursing homes, […]
Nursing home fines declined even as the number of deficiencies increased, according to a new report released last week by the Long Term Care Community Coalition (LTCCC), a New York-based nonprofit. LTCCC’s report, which analyzes deficiencies and fines on a per-resident basis rather than solely per facility to assess the impact on nursing home residents, found […]
As occupancy gains slow and lower-reimbursing managed care plans continue to reshape patient admissions, skilled nursing providers must focus on right-sizing occupancy rather than simply filling beds, according to CliftonLarsonAllen’s 41st Annual SNF Cost Comparison and Industry Trends Report, released Friday. The report includes managed care data for the first time. And future profits for […]
Policy analysts at the nonpartisan agency that advises Congress on Medicare policy are planning to investigate potential coding distortions, payment inaccuracies and whether financial incentives influence patient selection by nursing home providers as part of an assessment of payment accuracy in fee-for-service Medicare’s skilled nursing facility and home health payment systems. At its October meeting […]
In the aftermath of a data breach at Saber Healthcare Group’s facilities in late July, the Ohio-based nursing home provider worked with outside cybersecurity experts to investigate the incident, while taking additional steps to strengthen its security systems. Saber Healthcare learned of a cybersecurity incident on July 27 in which private records of residents […]
Massachusetts health officials have increased financial penalties for nursing homes with the state’s lowest staffing levels, implementing a new Medicaid payment policy that took effect Thursday. Under the new MassHealth rules, nursing homes that fall below the state’s minimum staffing standard of 3.58 nursing hours per resident per day (HPRD) can face reduced Medicaid payments. […]
The trend toward higher acuity in nursing homes has been at play for so long that nursing homes have turned to providing a growing number of complex services and procedures traditionally done at the hospital level. Skilled nursing facilities (SNFs) are increasingly equipped to provide everything from sophisticated ventilator care and in-house kidney dialysis to […]
A 99-bed nursing home connected to a hospital in Missouri was sold to Strawberry Fields REIT. Meanwhile, New York-based ArchCare, a nonprofit Catholic healthcare system, plans to sell one of its skilled nursing facilities (SNFs). ArchCare sells SNF ArchCare, a nonprofit Catholic health care system affiliated with the Archdiocese of New York, plans to sell […]
Cascadia Healthcare is on track to become Oregon’s largest post-acute care provider with plans to acquire 11 facilities from Sapphire Health Services, a Salem-based senior care provider. Cascadia Chief Financial Officer and Principal Steve LaForte shared the latest deal news exclusively with Skilled Nursing News on Wednesday during the RETHINK 2026 conference in Philadelphia. The […]
Walking away from a Medicare Advantage plan may be disruptive, but some of the largest nursing home providers haven’t hesitated to cut ties with plans that fail to reimburse adequately. They say the risks can outweigh the rewards, particularly when promised increases in referral volume often don’t materialize. At the opening session for Skilled Nursing […]
The value-based care payment model, Transforming Episode Accountability Model (TEAM), is confronting challenges related to communication and interoperability across hospitals and nursing homes, including the timely identification of potential TEAM-eligible patients. Moreover, some clinical leaders believe the three-day inpatient stay waiver for TEAM could use a revamp to include additional episodes of care to account […]
Massachusetts nursing home operator RegalCare Management Group and two of its executives have agreed to pay $1 million to resolve allegations that the company submitted false claims to Medicare and Medicaid for medically unnecessary rehabilitation therapy, federal prosecutors said Wednesday. RegalCare, owner Eliyahu Mirlis and executive Hector Caraballo admitted that, between 2018 and 2023, their […]
Nursing homes are facing greater pressure to prove their value as the Centers for Medicare and Medicaid Services (CMS) holds hospitals and ACOs more accountable for post-discharge costs, readmissions, length of stay and patient outcomes – factors that can influence which facilities hospitals end up choosing as referral partners. The changes mean SNFs should be prepared to demonstrate their ability to control costs and […]
August Healthcare Group and 980Investments received $180 million in financing for a portfolio of seven nursing homes across North Carolina and Virginia. Meanwhile, a healthcare organization operating 15 facilities across various post-acute care settings, including skilled nursing, received $10 million in financing. $180M in financing for 7-SNF portfolio August Healthcare Group and 980Investments received $180 […]
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