Ahead of Tuesday’s presidential election, the two leading candidates appear to share some common ground regarding overall support for long-term care, including nursing homes, and their commitment to Medicare. However, a deeper look at their positions reveals differences that could, according to some, lead to changes in the nature of the Medicare program over time. […]
The CEO and sole owner of Life Care Centers of America, Forrest Preston, is facing a conservatorship bid from his son, with the suit raising questions about the future of one of the nation’s largest nursing home providers. Preston’s son, Aubrey B. Preston, is seeking a court intervention in the matter, alleging in an Oct. […]
A U.S. Bankruptcy Court approved the sale of eight of Guardian Healthcare’s nursing facilities to GBK Eight LLC on Wednesday. This follows Guardian’s completion of the transfer of operations at 11 skilled nursing facilities to Oxford Valley Health on Tuesday. “All the facilities remain open and are focused on delivering quality care, ensuring the health […]
Omega Healthcare Investors (NYSE: OHI) executives remained optimistic about occupancy growth, although ongoing staffing pressures at partner nursing homes in certain states contributed to bottlenecks at hospitals. The Maryland-based real estate investment trust (REIT) reported a strong third quarter, with executives touting a strong investment pipeline amid a flurry of dealmaking for the sector at […]
In 2025, the nursing home sector can expect several policy updates from the Centers for Medicare and Medicaid Services (CMS), Director Evan Shulman said on Tuesday. He highlighted the agency’s work on risk-based surveys to reduce delays and new consumer guides for which the agency is seeking feedback from nursing homes, among other initiatives. Speaking […]
At the LeadingAge annual conference in Nashville Monday, leaders urged the industry to challenge flawed government policies that force providers to piece together insufficient systems of care. This approach ultimately places the blame on providers when problems arise, they said. Executives from the nonprofit advocacy group were joined by providers in criticizing this approach. “Why […]
Ohio-based Premier Health is transitioning two nursing homes in Ohio to Otterbein SeniorLife and Vancrest Healthcare Centers. Otterbein SeniorLife is adding to its portfolio the SpringMeade Health Center, which is appraised at $4.9 million, according to county records. The sale price was not disclosed. The sale of SpringMeade was prompted by the recent partnership with […]
Ensign Group’s (Nasdaq: ENSG) strong quarterly earnings were fueled by solid operational performance at transitioned facilities. Encouraged by recent acquisition success, executives said they plan to expand into new states while prioritizing growth in existing markets. “We’re particularly impressed with these results given that we’ve added 53 new operations across several markets in our recently […]
On Wednesday, the Centers for Medicare and Medicaid Services (CMS) released plans to update the State Performance Standards System (SPSS) for the 2025 fiscal year. This will involve eliminating two measures from the previous year, introducing a new one, and revamping several others. A new addition to the SPSS, which is the federal agency’s rubric […]
Nursing home jobs rebounded in September, more than offsetting the dip experienced in the previous month, and added 3,900 positions, as nursing care prices also saw the highest growth compared to other health care services. According to Altraum’s October’s Health Sector Economic Indicators brief released Wednesday, prices for nursing home care rose by 4.4% year […]
A newly released study casts doubt on whether the shift to Medicare Patient Driven Payment Model (PDPM) succeeded in the goal of curbing so-called “upcoding” practices among nursing homes. Conducted by researchers from the University of Rochester and the University of Texas at Austin, the analysis spans seven years and found patterns of exploitation that […]
Strawberry Fields REIT entered into a purchase and sale agreement for eight health care facilities located in Missouri, while Dwight Capital closed a $61 million HUD refinance loan for a 250-bed SNF in New York. Strawberry Fields Agreement Strawberry Fields REIT (NYSE American: STRW) entered into a purchase and sale agreement for eight health care […]
Medicare Advantage’s prior authorization process has resulted in higher denial rates among three of the largest health insurance providers, whose use of predictive AI tools raises serious concerns about patient care, according to a new report issued by a Senate subcommittee on Thursday. “[F]or beneficiaries of Medicare Advantage [prior authorization] has become not just a […]
A dire shortage of clinical care workers in the nursing home sector along with slower growth in the number of nursing care beds is leading to added concerns over access issues for long-term care in certain states in the coming decades. In Wisconsin, a recent study issued at the end of September by Forward Analytics, […]
NHI acquired a $121.3 million long-term care portfolio, while a regional operator received $59.25M in financing for three skilled nursing facilities (SNFs) in Illinois. NHI Acquires $121.3M Portfolio National Health Investors (NYSE: NHI) announced Thursday that it is purchasing a portfolio of 10 assisted living and memory care communities in North Carolina for $121.3 million. […]
The nursing home sector is on a positive trajectory, and real estate investment trusts (REITs) at the forefront of investments say that stability is favoring greater deal activity in the sector. Despite challenges in staffing, rising operational expenses, and increasing regulatory burdens, particularly in certain states, executives from National Healthcare Investors (NYSE: NHI) and CareTrust […]
In the battleground state of Wisconsin, a new poll released Tuesday reveals bipartisan support for increased funding for staffing at nursing homes and other long-term care facilities, higher worker wages, and lower costs for such care. In Wisconsin – where Donald Trump won by a razor-thin margin in 2016 over Hillary Clinton and Joe Biden […]
Nursing homes must prepare for an off-cycle revalidation process being mandated by the Centers for Medicare and Medicaid Services (CMS), or risk losing billing privileges. With the extra paperwork, CMS aims to enhance the accuracy and transparency of Medicare enrollment information amid new reporting requirements finalized in 2023. The revalidation notices will be dispatched by […]
Athena Health Care Systems, once the largest owner of nursing homes in Connecticut, announced that it will close another nursing home. The Abbott Terrace Health Center will be shuttered by November 8, with Athena citing the loss of federal reimbursement as the driving factor. This decision will result in the termination of more than 200 […]
Vice President Kamala Harris shared a new proposal on Tuesday to require Medicare to cover the costs associated with in-home long-term care, potentially allowing seniors and individuals with disabilities to receive care in their homes rather than in skilled nursing facilities. The proposal could have broad appeal for middle-income Americans who don’t qualify for Medicaid. […]
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