SPECIAL ALERT: Nursing Home Giant Life Care Centers Appoints Aubrey Preston Chairman and CEO 

Aubrey B. Preston was named chairman and CEO of Life Care Centers of America on Wednesday. This follows Preston’s appointment as the legal conservator of his father, previous CEO and founder Forrest Preston, after a court decision in March. “We’re excited to welcome Aubrey Preston to our leadership team as Chairman and CEO,” the company […]

From New Case Management Models to Bitcoin Mining, How Nursing Homes are Growing Profits

For nursing home providers, lean times demand extracting financial gains by not only using new service lines but also value-based care options more effectively, while thinking outside the box to apply multiple uses for technology currently being deployed. Nicole Kaufman, chief transformation officer at Genesis HealthCare, stressed the importance of clinical integration and deploying third-party […]

[UPDATED]: CMS Rule Fails to Put Restrictions on Medicare Advantage Plans’ AI Use

The Centers for Medicare & Medicaid Services (CMS) issued a final rule Friday to modernize and improve several Medicare programs, including Medicare Advantage (MA), but it does not include new restrictions on MA plans’ use of artificial intelligence. The rule for contract year 2026, effective June 3, introduces changes to prescription drug coverage, the Medicare […]

Judge Blocks HHS From Ending $11 Billion in Public Health Funding, Including for Nursing Homes

A federal judge temporarily blocked the Department of Health and Human Services (HHS) from cutting more than $11 billion in Covid-era funding, citing disruption of critical services, after 23 states and the District of Columbia filed a lawsuit this week against the Trump administration. Beginning on March 24, HHS abruptly terminated – with no advance […]

Ensign, CareTrust, Diversicare Among Nursing Home Chains Expanding Footprint

Larger nursing home chains have been selective in making acquisitions amid an abundance of facilities for sale. However, now seems to be a good time for growth, as several industry players announced on Wednesday the acquisition of nursing homes and other long-term care assets. Ensign and CareTrust partnered in a transaction involving a California-based campus […]

‘Pulling Back the Curtain’: From New Roles to Old Ways, Inside Nursing Home Workforce Retention Wins

To sustain staffing gains, many nursing home operators are investing in specialized training, attractive wages, and career growth in order to compete better with others across the health care continuum, with many focusing on modernizing onboarding processes. Retaining certified nursing assistants (CNAs) has been problematic in many facilities, while the highly skilled role of MDS […]

PACS Asserts ‘Substantial Progress’ on Billing Investigation

PACS Group (NYSE: PACS) finally signaled progress in an ongoing federal investigation and internal audit of its billing practices, and also announced plans to extend the deadline for key financial reporting requirements. In a filing with the Securities and Exchange Commission (SEC) Tuesday, PACS said there’s “substantial progress” in the investigation, and its personnel are […]

Inaugural Skilled Nursing News Executives to Watch Report Launches

The future of skilled nursing hinges on strong leadership. While much attention is given to frontline staffing in skilled nursing facilities (SNFs), executive leadership across the whole sector is just as critical in navigating financial, regulatory and operational challenges and building a strong industry for the future. So, we’re excited to launch our inaugural Skilled […]

‘No Room for Error’: Anxiety Grows at Nursing Homes Amid Massive Downsizing at HHS

The Department of Health and Human Services (HHS) restructuring plans announced Thursday could impact several departments serving the nursing home sector, leaving operators on edge. The department plans to cut around 10,000 full-time employees, including 300 at the Centers for Medicare and Medicaid Services (CMS), in the latest round of cuts. Combined with HHS’ previous […]

SNN Dealbook: CFG Closes Over $41M in Financing; WLC Management Acquires Virginia Nursing Home

Capital Funding Group (CFG) announced over $41 million in financing for three transactions involving four skilled nursing facilities as well as other senior housing properties. Meanwhile, Illinois-based WLC Management Firm, which operates 19 nursing and rehabilitation care centers, purchased a 71-bed facility in Virginia, Ill.  CFG Provides $41M in Financing Capital Funding Group (CFG) announced […]

About 41% of VA Nursing Home Residents Acquire a Superbug After Admission 

An alarming number of residents in nursing homes for veterans are susceptible to acquiring a superbug after admission, with over one-third already carrying these drug-resistant pathogens into the facilities and spreading them through routine activities, according to a new study. The findings have important implications for nursing homes in general. The study conducted by the […]

SNN Dealbook: Superior Living Acquires 14 Nursing Homes in Texas for $250.2M; Vacant Facility Sold in Texas

Superior Living Foundation completed a $250.2 million acquisition of 14 skilled nursing facilities in eastern Texas. Meanwhile, a vacant assisted living and skilled nursing facility was sold in Waco, Texas. Superior Living Acquires 14 SNFs in Texas for $250.2M Superior Living Foundation, a Maryland-based nonprofit, completed a $250.2 million acquisition of 14 skilled nursing facilities […]

SEIU Files Court Brief in Support of CMS Nursing Home Staffing Mandate

The nation’s largest labor representative of nursing home caregivers filed a brief opposing the lawsuit against the federal staffing mandate for nursing homes, arguing that the new requirements will help address the national shortage of staff at facilities.  The Service Employees International Union (SEIU) represents over 150,000 nursing home workers in 23 states. Last year, […]

5 Skilled Nursing Providers to Watch in 2025

The economic and operational climate continues to favor big players and industry consolidation this year. As a result, top providers to watch in 2025 are those chains planning to tap into scale for efficiencies, as well as those leveraging technology and value-based care to thrive. It’s worth noting that operational pressures, including a shortage of […]

[UPDATED] Oz Criticizes Medicare Advantage, Acknowledges Nursing Home Staffing Challenges at Confirmation Hearing

Dr. Mehmet Oz vowed to reduce the bureaucratic footprint of the Centers for Medicare & Medicaid Services (CMS) if confirmed to lead the federal agency. He also acknowledged problems with Medicare Advantage plans and criticized the preauthorization process and overbilling by insurers. During his appearance before the Senate Committee on Finance Friday, Oz seemed to […]

‘Future Of Medicine’: SNF-at-Home Gains Traction as Alternative to Nursing Homes Amid Access Crisis

SNF-at-home programs are gaining traction as a viable solution to address the shortage of nursing home and rehabilitation facility beds, with the goal of reducing bottlenecks at hospitals. Indications of success of SNF-at-home programs – although mostly anecdotal at this moment – are evident from two simultaneous studies at UMass Chan Medical School and Mass […]

Kent Rodgers to Retire as CarDon President and CEO

Kent Rodgers is retiring as President and CEO of CarDon & Associates, a role he has held since 2021, effective April 6. CarDon’s new CEO will be announced in early April, a company spokesperson told Skilled Nursing News. “I’m grateful to leave CarDon on a high note,” Rodgers said in a press release. “It’s been […]