Margins squeezed by interest rates and inflation, staffing shortages amid a draconian staffing mandate proposal, an invasion of Medicare Advantage and mixed efforts at adapting to Minimum Data Set (MDS) changes are among a litany of the challenges facing the skilled nursing sector at the start of 2024. However, all is not doom and gloom […]
Indiana-based nursing home operator Majestic Care on Thursday announced the resignation of its CEO Bernie McGuinness. Paul D.Pruitt will join the Majestic team as CEO in June. McGuinness, co-founder of Majestic and CEO for five years, will finish out through the end of the month before pursuing new opportunities this summer. Pruitt joins Majestic Care […]
With reporting from Tim Mullaney and Zahida Siddiqi With the number of nursing home beds in decline across the United States — and providers large and small divesting of facilities, exiting the industry or shutting down completely — some organizations are finding ways to grow. Expansion is one theme uniting this year’s skilled nursing providers […]
Economic uncertainty, staffing shortages, looming federal regulations, a new COVID variant and major changes to the Minimum Data Set (MDS) are just a few of the challenges facing the skilled nursing sector at the dawn of 2023. But a new year is also a time for optimism. Favorable Medicaid policies, the growth of strong regional […]
Skilled nursing operators should anticipate further distress in the coming months and into 2023, which will likely result in even greater divides among providers. The winners and losers already are being sorted, as the latest round of real estate investment trust (REIT) earnings made clear. And unsurprisingly, strong regional operators are leading the pack. Welltower […]
It’s hard to pin down how nursing home operators should be feeling as the end of the year approaches. The best way I could describe it, one week after attending the American Health Care Association/National Center for Assisted Living (AHCA/NCAL) conference in Nashville, is a combination of optimism and pessimism that fluctuates depending on the […]
Whether it’s uttered during an interview, highlighted during an industry conference or referenced in a news release, I’ve heard and seen the word “crisis” quite often during my time reporting on the skilled nursing industry. And it’s not surprising the word has been used so frequently. Covid-19 was a global crisis that hit the nursing […]
The COVID-19 pandemic continued to put pressure on an already strained skilled nursing industry in 2021. The next 12 months will be yet another test of resilience. Looking ahead to 2022, SNFs must stay nimble and inventive to not only survive but thrive. Private equity will continue to lead the nursing home transaction market pack, […]
The federal government last week ended a year-long nightmare for families across the country when it announced the relaxation of visitation bans at nursing homes in all but a few limited cases. But for the family members who spent 2020 working to reunite with their loved ones, the work won’t end along with the expiration […]
The passage of the Social Security Act in 1935 was a landmark moment in the history of aging in America, but it also created a novel problem for the federal government: how to keep track of payroll information for the millions of workers who would now be paying into the new retirement insurance program, and […]
One of the most frustrating parts about covering the disaster in long-term care over the past year has been seeing the incredibly complex system failure of COVID distilled into news stories, Twitter broadsides, and press releases with decidedly simpler narratives. Whether you’re a novelist or a journalist, good storytelling requires a hero and a villain, […]
The size and permanence of a COVID-era shift to home health has emerged as a top metric to watch in post-acute and long-term care in 2021. Should hospitals and patients continue to elect direct trips home even after the COVID-19 danger subsides, the natural trend could have far-reaching effects on the future of the nursing […]
When I was 23 years old, my mother died unexpectedly of a massive stroke in her sleep. She was only 62, and there was no warning. One day we were talking on the phone about Christmas plans, and the next I was giving a police officer permission to break into my childhood home for a […]
COVID-19 has dealt a devastating blow to skilled nursing providers that makes some kind of dedicated assistance at both the state and federal level imperative. That was apparent in the pandemic’s early days, when outbreaks would sweep through facilities like wildfire through dry grass, as SNF executives and politicians noted. But that assistance has to […]
If there’s been one recurring theme for SNN’s annual executive outlook, it’s the idea that putting 2020 to bed represents a chance to reset and move on past the worst year in the history of the post-acute and long-term space, both in the United States and around the world. But that can only happen if […]
Each January, SNN tries to predict the top trends that will sweep the industry for the coming 12 months. In 2021, the task has never been harder. COVID-19 completely wiped out the predictions we had made for 2020, a year that began with the looming specter of clawbacks related to the Patient-Driven Payment Model (PDPM), […]
As the calendar turns, the post-acute and long-term health care space looks to apply the punishing lessons learned during the pandemic year of 2020. Every January, SNN rings in the new year by asking top executives from all areas of the landscape — from operators to real estate investors to therapy partners — for their […]
The year 2020 will be forever marked by a disease named for the year prior to it, especially for the skilled nursing sector. COVID-19 dominated the headlines at outlets and publications ranging from here at Skilled Nursing News up to the New York Times. In a deluge of updates and regulatory changes, keeping track of […]
There’s no easy way to look back over 2020 in the skilled nursing sector. That’s both in the sense of the devastation wrought by the COVID-19 pandemic, and in the sense of trying to review it in a way that would make lead to any meaningful conclusions. There are so many critical areas to examine: the treatment of workers […]
There will be countless attempts to sum up the horror of COVID-19 — both in nursing homes and society at large — in the coming years, once we’re collectively a safe enough distance away from the peak of the crisis to process what we’ve seen and heard. We at Skilled Nursing News, like most people, […]
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