Health care labor provider ShiftMed, which serves skilled nursing operators and other provider types, announced Monday that it has raised $200 million as investors eye growth for staffing solutions amid the industry’s ongoing labor crisis. The funds will be used to expand ShiftMed’s “national footprint across all segments of the health care market,” the company […]
Texas and Nebraska led the nation for most nursing home closures in 2022, with industry advocates citing inadequate Medicaid rates that have not kept pace with a tough economic and operating environment. And advocates also caution that the latest numbers are likely understated, with even more facility closures occurring. The Centers for Medicare & Medicaid […]
Research suggests that collaboration between various departments leads to better health outcomes at nursing homes, but that has been a difficult principle to follow, often because of time and regulatory constraints placed on staff already stretched thin. However, team-based care is the name of the game and sticking to it is important for the future […]
A bill that aims to address staffing shortages in nursing homes by allowing temporary nursing aides (TNAs) awaiting certification to remain in the workforce past typical time limits was reintroduced on Wednesday. Sponsored by Republican U.S. Rep. Brett Guthrie of Kentucky and Democratic Rep. Madeleine Dean of Pennsylvania, the bill supports flexibilities implemented during the […]
Rising costs in all areas of running a nursing home — not just labor — are squeezing profit margins, compelling providers to adjust operations, make investments and pursue innovations in a quest for greater efficiencies. While skilled nursing facility operators try to get a grip on labor shortages, workforce costs surged by as much as […]
The Medicare Payment Advisory Commission (MedPAC) unanimously voted Thursday to approve its recommendation for a 3% Medicare payment cut for skilled nursing providers in 2024. This move follows the Commission’s draft recommendation discussed during a meeting on Dec. 9. Despite the proposal for a rate cut, MedPAC commissioners have noted that the industry is facing […]
A vast majority of nursing homes favor extending the public health emergency designation for Covid, and are concerned that they will be unable to meet a potential federal staffing minimum. These views, expressed in a newly released survey by the American Health Care Association/National Center for Assisted Living (AHCA/NCAL), come in the midst of a […]
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