NHI CEO: SNF Assets ‘Steady Performers’ as Portfolio Optimization Nears Completion

Despite the challenges facing the nursing home industry, National Health Investors Inc. (NYSE: NHI) executives said on Wednesday that the real estate investment trust is on track for stable growth backed by steady performance of its skilled nursing facilities and its portfolio optimization. Still, the REIT’s Q4 2022 results point to ongoing challenges, including two […]

‘We Need to Start Today’: Nursing Home Providers Strive to Implement Workforce Tech Amid Challenges

As staffing remains one of the leading areas of trouble for nursing homes, operators have turned to technology tools that have improved both retention and recruitment of workers in the last year. But while operators, advocates and even insurance providers associated with the skilled nursing sector applaud the implementation of staffing-related technology, doing so is […]

Nursing Home Advocates Ramp Up Calls to End 3-Day Stay Amid Senate Hearings 

As Senators began hearings on the challenges facing the health care sector Thursday, nursing home advocacy groups redoubled their calls to lawmakers to end the three-day hospital stay requirement for the skilled nursing industry, noting difficulties facing the sector, especially amid staffing shortages. LeadingAge, which represents more than 5,000 nonprofit aging services providers, sent letters […]

CMS Proposes Rule Requiring More Nursing Home Ownership Transparency, Including REIT and Private Equity Disclosures

The Centers for Medicare & Medicaid Services (CMS) announced Monday a proposed rule to require nursing homes to disclose more information regarding their ownership and management, including information related to assets held by real estate investment trusts (REITs) and private equity firms. Nursing homes will be expected to disclose this information as part of the […]

ShiftMed Raises $200M for Digital Staffing Solutions with Skilled Nursing a Key Market 

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, Nebraska Led Nation in Nursing Home Closures in 2022

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 […]

Nursing Homes Beat Siloed Care, Reduce Hospitalizations with New Clinical Teamwork Models

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 […]

Federal Bill Aims to Aid Nursing Home Labor Shortage with TNA Program Extension 

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 […]

MedPAC Unanimously Approves 3% Proposed Medicare Cut for Skilled Nursing

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 […]

80% of Nursing Home Providers ‘Very Concerned’ About Possible Federal Staffing Mandate

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 […]