Razor thin margins have been a hallmark of operators in the nursing home industry for some time, but lackluster Medicaid rates and the possibility of Congressional cuts to Medicaid may push some over the edge. The spectre of closures, and in turn access issues for residents and their family members, has been haunting the industry […]
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 […]
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 […]
Starting a new nursing home business is rare, considering the sector’s notoriously tight regulations and slim margins. But, Indiana-based Journey Skilled Nursing has grown to 22 facilities across six states in just under a year, with plans for more M&A in the spring of 2025. Journey is led by industry veteran Bernie McGuinness, who has […]
During a House subcommittee hearing on post-acute care held on Tuesday, Medicare Advantage plans were the target of bipartisan criticism as lawmakers sought solutions to curb the declining access to and affordability of nursing home care, as well as other long-term care, amid staffing shortfalls and proposed Medicaid cuts. Improper denials and delays by Medicare […]
The Centers for Medicare & Medicaid Services (CMS) has delayed nursing home survey changes for another month, with implementation now to begin April 28 rather than March 24. Associations and providers alike are glad they’re being given more time to prepare, educate and test procedures. CMS said the delay “allows ample time” for both surveyors […]
As president and CEO of Saint Therese Senior Living for the last two years, Craig Abbott has been on a mission to change the idea of wellbeing by strengthening his organization’s workforce and making an urgent case for long-term care and accessibility to nursing homes as a community issue. “We set out a 10-year vision […]
The Health & Human Services’ (HHS) recent announcement to end more than 50 years of public involvement in rulemaking raises concerns, as the full scope of its impact on nursing homes is not yet apparent. The change could also limit the agency’s authority in issuing rules, such as the previous administration’s minimum staffing mandate. That […]
As technology platforms flood the nursing home market, operators are having a hard time tuning out the noise to focus on what will actually move the needle when it comes to quality care and workforce efficiency. No one seems to have cracked the code yet when it comes to using AI, robotics, and other tech […]
Ahead of this week’s hearing to allow Aubrey B. Preston to serve as a permanent conservator for his father – Life Care Centers of America’s CEO and founder Forrest Preston – the younger Preston stated that his father’s cognitive state is not conducive to running the nursing home giant. The neurological reports, currently under seal, […]
American Healthcare REIT (NYSE: AHR) executives highlighted the strong performance of its Trilogy assets, praising Trilogy’s model for its diversity and flexibility in adjusting to changing market conditions, including possible cuts to Medicaid, and reimbursement for skilled nursing services. Additionally, the executives said that if the proposed Medicaid cuts were to be enacted, Trilogy would […]
The future of value-based care programs will likely focus on greater integration of care, as nursing homes and other providers in the health care continuum discover the benefits of more thoughtful discharges – less focused on swiftness and more on moving patients through a continuum of care – in order to close costly gaps in […]
As chief operating officer of The Evangelical Lutheran Good Samaritan Society, the largest not-for-profit provider of nursing homes and senior housing, Aimee Middleton understands that staffing will remain the top operational challenge in 2025, and while conquering labor problems will be no easy task, some solutions are already paying off. Middleton sat down with Skilled […]
Transitions in nursing home care will be heavily impacted by upcoming surveyor guidance, but operators can prepare by being realistic about admissions, while also cleaning up any gaps in the discharge process. At the same time, robust documentation around psychotropic medications will be a boon for operators facing updated guidance. Much of the surveyor guidance […]
Skilled nursing deals are plentiful, and private equity has a large role to play in their abundance, according to leaders at Sabra Health Care REIT (Nasdaq: SBRA). This trend comes amid the possibility of Medicaid cuts, which could be watered down eventually from the current package presented by House Republicans, they noted. Speaking during Sabra’s […]
Staffing and certain compliance issues related to updated survey guidance coming in late March, particularly those that relate to patient discharges as well as use of psychotropic medications, are top of mind for nursing home clinical leaders in 2025. Panelists at Skilled Nursing News’ annual CLINICAL conference, which took place early this week in Fort […]
As the nursing home industry grapples with federal audits related to changes in survey requirements – seen as compounding burdens on staff – the sector lags behind other health care areas in filling openings for nurses. Signature HealthCARE’s Chief Nursing Officer Barbara Revelette shared her thoughts on the fallout from ramped-up CMS scrutiny related to […]
CareTrust REIT (NYSE: CTRE) executives said Thursday that they have no plans to slow down dealmaking in 2025, noting that the fundamentals for skilled nursing remain strong. They anticipate no major disruptions from potential Medicaid or Medicare changes under the new administration, high interest rates, and exposure to PACS Group (NYSE: PACS) holdings. “Financial markets, […]
Existing and new roadblocks to construction and innovation in the nursing home sector are being felt across the country, with the repeal of certificate of need (CON) top of mind for providers in certain states, as higher tariffs are also expected to impose challenges down the road. The CON law generally requires providers to receive […]
While staffing dynamics are changing for nursing homes, labor issues still represent a significant pain point as facilities continue to rebuild. In the meantime, operators are prioritizing inorganic expansion and technology investments to tackle critical issues, including staffing shortfalls. Labor costs and inflation remain top challenges for the industry for 2025, but interestingly recruitment and […]
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