To maximize payments, nursing homes don’t necessarily need to deploy more technology but instead make better use of existing software, especially clinical dashboards, which are currently underutilized. Data derived from clinical dashboards can prevent attrition of payment. And, more widespread use of clinical dashboards should be a standard practice across nursing homes, according to Danielle […]
Several transactions involving skilled nursing facilities (SNFs) included the sale of three facilities in Florida and one in Tennessee. Florida SNF sales Forest Healthcare Advisors closed two Florida transactions, including the sale of a 99-bed skilled nursing facility in Daytona Beach that traded at a high per-bed price for the state and the sale of two skilled nursing facilities on […]
CFG announced the closing of 24 transactions totaling more than $413 million from late June through late August. Meanwhile, a two-facility skilled nursing portfolio in Vermont, totaling 94 licensed beds, changed hands. $413M in financing across 13 states CFG announced the closing of 24 transactions totaling more than $413 million from late June through late […]
CareTrust REIT (NYSE: CTRE) announced Tuesday an approximately $400 million acquisition of a large portfolio of skilled nursing facilities with more than 2,600 beds in the Southwest. The facilities are located in markets where both CareTrust and the operator have established scale and extensive operating experience, a press release for the California-based real estate investment […]
Josh Jergensen, president and COO of PACS Group (NYSE: PACS), said Tuesday that the nursing home giant is just getting started on its growth plans following its latest transaction to acquire 32 facilities in Florida. The transaction comes on the heels of PACS’ 34-facility acquisition of Eduro facilities, announced in June. “We’re kind of revving […]
LeadingAge President and CEO Katie Smith Sloan will step down effective March 31, 2027, the national association representing nonprofit and mission-driven providers serving older adults announced Monday. Smith Sloan and the LeadingAge board have worked collaboratively on a smooth transition plan to prevent any disruptions, LeadingAge said in a statement to Skilled Nursing News. “She […]
The pain points stemming from the continued expansion of Medicare Advantage (MA) have lingered for so long without a course correction that some nursing home organizations have altered their contracting practices with managed care groups. The headline per-diem rate is no longer the primary factor in deciding whether to accept or renew an MA contract […]
Newly appointed MatrixCare CEO Jonathan Lujan is keenly aware that technology intended to ease the post-acute sector’s burdens from heavy regulation to unpredictable reimbursement can sometimes add to them. And so, his immediate goal is to help staff spend more time at the bedside and less time managing technology. Under his watch, Lujan wants MatrixCare to become an organization known […]
Job growth at skilled nursing facilities (SNFs) essentially stayed unchanged in August compared to a month ago, according to data released Friday by the Bureau of Labor Statistics (BLS). Seasonally adjusted employment for SNFs rose from 1.5901 million in July to 1.5902 million in August. Meanwhile, healthcare hiring overall remained positive but sluggish, with job […]
American Healthcare REIT (NYSE: AHR) announced Wednesday the appointment of Aric Chang as its chief financial officer, effective October 1, 2026. Chang succeeds Brian Peay, who is retiring after a decade in the position. Peay will continue to serve in his role through September 30, 2026. Chang joins AHR from Public Storage (NYSE: PSA), an […]
With greater scrutiny of case-mix growth and coding, nursing homes should be strengthening documentation. Operators should also prepare now for expanded MDS reporting requirements beginning in 2029, reimbursement experts said. To be sure, the Centers for Medicare and Medicaid Services (CMS) is not implementing a case-mix adjustment in the FY 2027 final rule, but the rule’s language makes clear […]
Links Healthcare Group is in the early stages of acquiring First Atlantic Healthcare’s portfolio of 20 nursing homes and assisted-living facilities based in Maine. The facilities changing hands span nine Maine counties and include more than 1,300 beds, making the deal a significant potential change in ownership across the state’s long-term-care system. First Atlantic jointly […]
Nursing homes would be wise to establish protocols – and comment on a certain proposed rule – to safeguard themselves from complications stemming from fraud, waste and abuse initiatives underway as part of a broader focus on Medicare and Medicaid program integrity. That’s because the Trump administration has made this a government-wide priority, and one of the first glimpses […]
A Houston-based nursing home sold for $15 million following a court-approved bankruptcy sale. Meanwhile, a multistate provider secured a $30 million healthcare receivables financing facility to support operations across its 18 skilled nursing and post-acute care facilities. Multistate post-acute care provider gets $30M in financing A multistate post-acute care provider secured a $30 million healthcare […]
Nursing home validation audits so far show MDS coding gaps tied to insufficient or missing documentation, often because of inadequate record-retention practices. And while penalties currently focus mainly on submission timelines, federal agencies could use the findings to inform future regulations related to quality reporting, experts said. MDS accuracy and documentation are a growing area of scrutiny […]
Older adults with newer, more complex medical conditions were more likely to leave a Medicare Advantage plan for traditional Medicare, and this likelihood increased as medical complexity increased, according to a new study released Friday. The study published in the JAMA Health Forum builds on earlier research showing that people who develop serious illnesses, including cancer, were more likely to leave MA. In the latest exploration, the researchers […]
The new risk-based nursing-home survey process, set to begin September 8, could raise litigation concerns because the streamlined approach uses fewer survey activities and a smaller resident sample, potentially allowing problems relevant to civil liability cases to go undetected. The Centers for Medicare and Medicaid Services’ (CMS) surveys are also only a snapshot of a facility at a particular […]
Minimum Data Set (MDS) submissions are about to become a lot more complicated for skilled nursing facilities (SNFs), as the Centers for Medicare & Medicaid Services (CMS) places greater emphasis on the accuracy and timeliness of quality reporting while tightening the MDS reporting window in its final payment rule. Under the FY 2027 SNF Final […]
A three-facility, 347-bed skilled nursing portfolio in Michigan changed hands. Meanwhile, a three-facility, 360-bed portfolio in New Mexico was also sold. 347-bed SNF sold in Michigan Evans Senior Investments (ESI) completed the sale of a three-facility, 347-bed skilled nursing portfolio in Michigan on behalf of an institutional owner exiting the state. Welltower acquired the […]
Executive and key department head salaries at nursing homes increased in 2026 as turnover rates and the use of sign-on bonuses continued to decline. This is according to the 2026-2027 Nursing Home Salary & Benefits Report from the Hospital & Healthcare Compensation Service (HCS) released Thursday. The report found that compensation growth was concentrated among core administrative and operational leaders. Executive […]
