Nursing Home Mogul Philip Esformes Pleads Guilty to Medicare Fraud, Given No Additional Jail Time or Fines

Medicare fraudster Philip Esformes pleaded guilty on Thursday to health care fraud, laying to rest a longstanding effort to prosecute him after his 20-year sentence was commuted by former President Donald Trump. Esformes, previously convicted of one of the biggest Medicare frauds in 2019 for his involvement in a billion-dollar Medicare fraud scheme, pleaded guilty […]

Long-Term Care Executive Salaries Jump 3.69% in 2023 Despite Operating Pressures at Nursing Homes

Even as operating pressures and staffing shortages persisted at nursing homes, long-term care corporate executives with multi-facility organizations were paid 3.69% more in 2023 compared to the previous year. This represents an increase from the 3.17% salary jump reported in 2022. And, there’s a planned increase of 3.45% on average expected from 2023 to 2024 […]

Petersen Reportedly Planning To File for Chapter 11 Bankruptcy as Nursing Homes Face Operational Pressures

Petersen Health Care, which runs around 100 nursing homes and assisted living facilities across the Midwest, is preparing to file for Chapter 11 bankruptcy in the coming weeks, according to Bloomberg News. “Talks are not final and plans could change,” the Bloomberg report stated, citing unnamed sources with knowledge of the matter who asked not […]

Ventas Will ‘Pick Its Spots’ in Selling SNFs from Santerre Portfolio

Ventas Inc. (NYSE:VTR) sold some of its skilled nursing assets at “favorable” prices in the last quarter of 2023, and is planning more, executives for the Chicago-based real estate investment trust (REIT) said Thursday. “We’ll continue to pick our spots and be opportunistic … on disposing off certain of the Santerre assets over time, including […]

Why Good Samaritan Society Is Investing $200M in New CCRC After Nursing Home Pullback

Sanford Health announced plans Tuesday to break ground on a $200 million project for a continuing care retirement community (CCRC) in South Dakota through its subsidiary, the Evangelical Lutheran Good Samaritan Society. The Good Samaritan Society executives told Skilled Nursing News that the funding for the project is an outcome of a strategy to expand […]

Why the Medicaid Battle is Leading to More Quality-Based Nursing Home Payments

In the midst of lagging Medicaid reimbursements, more nursing providers are pushing states to launch quality incentive programs that are designed to enhance care and reward high-performing long-term care providers. Twenty-four states already have them in place, and the latest to join this trend is Pennsylvania. And to that end, nursing home providers in Pennsylvania […]

Omega Exec: CMS Staffing Mandate Casts Shadow Over Improving Nursing Home Fundamentals

As Omega Healthcare Investors Inc. (NYSE: OHI) advanced on its restructuring efforts at 2023’s end, company executives said that they were finally able to have a better grasp on their outlook for 2024. And, while the company’s current fundamentals were looking strong, the looming federal staffing mandate might obscure the path forward for the sector […]

Presbyterian Homes CEO Lindh To Retire After Almost 50 Years in Nursing Home Sector

Presbyterian Homes & Services’ president and CEO Dan Lindh has announced his retirement after a career of almost five decades with the organization. The PHS board of directors has launched a national search for the next CEO. The faith-based provider of senior housing, care and services anticipates that the leadership transition with Lindh will be […]

Slow Transfer To Nursing Homes Driving Avoidable, Unpaid Hospital Stays in Minnesota with $487M Price Tag

Bottlenecks at hospitals have mounted over the last year with long wait times for patient transfers to nursing homes – recent facility closures in the sector not helping the situation. These persistent delays in discharges from emergency departments and inpatient care resulted in unnecessary hospital-level care and deep financial losses for hospitals because these delayed […]

‘Really Hard Time’: NY Nursing Home Sector, Union Demand $810M in Medicaid Funds, Cite Payroll Shortfalls

Nursing home owners and advocates have long decried low Medicaid reimbursements to the sector across the U.S. And now leaders in New York state – home to one of the largest number of facilities – are uniting to forcefully demand change. Much like the rest of the country, closures, especially in Upstate New York, have […]

American Healthcare REIT Announces IPO, Aims to Raise $840M

American Healthcare REIT announced Monday the terms of its expected initial public offering (IPO), saying that it was aiming to raise up to $840 million. The California-based real estate investment trust’s (REIT) primary operating partner is Louisville, Kentucky-based Trilogy Health Services, which is one of the nation’s largest skilled nursing and senior living providers. The […]

Inside the CMS Policies That Could Improve Care, Payments for Dual-Eligible Nursing Home Residents

Given that a vast majority of long-stay nursing home residents are dual eligible for Medicare and Medicaid, residents and facilities alike can reap financial benefits while improving quality of care and reducing administrative burdens if federal and state policies better enabled a value-based care model that integrated the experiences of dual eligibles. This is the […]

[UPDATED] CMS Official Confirms Agency’s Intention to Finalize Nursing Home Minimum Staffing Rule in 2024

The Centers for Medicare & Medicaid Services (CMS) officials are looking to finalize the nursing home minimum staffing proposal in 2024, an official at the federal agency confirmed at its national stakeholder call on Tuesday. Dr. Dora Hughes, acting chief medical officer and director of the Center for Clinical Standards and Quality (CCSQ), said, “The […]

South Dakota’s DHS Requests Extra Funds To Support Staffing, Census at Nursing Homes

Rural states like South Dakota are requesting more funds to address challenges to nursing homes from staffing shortages, which have accelerated shutdowns and suppressed occupancy levels. South Dakota’s Department of Human Services (DHS) requested its Legislature this week for $715.8 million in funds for fiscal 2025 in order to support nursing homes and long-term care […]

Another Nursing Home in State Receivership Stokes Fears of Growing Problems in Minnesota

Three facilities being placed under state control in two years in Minnesota reflects deep troubles for the sector, with many other facilities facing similar prospects and requiring immediate financial help. The latest to be pushed into state control is the Bay View Nursing and Rehabilitation Center in Red Wing, which serves higher acuity residents. The […]

Dementia Patients in Nursing Homes Don’t Necessarily Benefit from Just Boosting Staff – Study

Increasing nursing home staffing alone will not translate into better health or quality-of-care outcomes for dementia patients. This is the finding of a recently published study in the journal, Health Services Research, which combines the efforts of experts at UC-Irvine, UCLA, and the University of Chicago.  Researchers recommend looking beyond just staffing to improve dementia […]

Executive Outlook 2024: Inside the Headwinds and Opportunities That Await Nursing Homes

Nursing home leaders from across the nation, including the largest advocacy groups for the sector, plan to oversee efforts in 2024 to increase funding – both from the federal government and through improved revenue streams as operating pressures ease slightly. At the center of these efforts is an attempt at influencing the political will and […]