With data suggesting that more than 400 nursing homes could close in 2022 and pandemic-related federal funding coming to an end, SNFs are increasingly having to find ways to solidify their role in the post-acute care continuum moving forward. For nursing home leaders, this means identifying what types of investments will move the needle forward […]
While many skilled nursing industry providers expect occupancy recovery to be at least another year away, as census climbs toward numbers not seen since 2020, some remain less confident that long-term care will fully bounce back. “I think the truth for most of the industry is that we thought by now we would be at […]
For at least the last decade Consulate Health Care was considered a skilled nursing giant. The long-term care provider at one point had 208 buildings across 21 different states, and was the largest nursing home provider in Florida. Consulate has been through its fair share of ups and downs, including a bankruptcy filing and a […]
State staffing minimum laws are colliding with spiking agency costs, with some facilities forced to continue or increase the use of expensive temporary staff to meet state requirements. The dissonance is especially felt in states like New York, which has the largest Medicaid reimbursement shortfall in the nation, according to Stephen Hanse, president and CEO […]
For-profit nursing home owners such as private equity firms and real estate investment trusts are under fire from the federal government — but current trends suggest that not-for-profit ownership alone is not a viable alternative to meet the needs of the United States’ aging population. Freestanding senior housing and care not-for-profits (NFPs) are closing altogether, […]
Nearly two weeks after the Centers for Medicare & Medicaid Services (CMS) announced a 4.6% cut related to the Patient-Driven Payment Model, Administrator Chiquita Brooks-LaSure doubled down on the timing of such cuts for the industry, saying the agency’s hands are effectively tied. “I would say that we have statutory obligations, and that there are […]
The Biden administration’s recent efforts to further reduce inappropriate medications in nursing homes has been a multi-year endeavor for industry leaders, but many in the space believe there is still a long way to go. As part of the administration’s nursing home reforms, the Centers for Medicare & Medicaid Services (CMS) will launch a new […]
Nursing home residents, staff and company leadership in the physical therapy space are already seeing a bottleneck in access to care, driven by cuts to the Centers for Medicare & Medicaid Services (CMS) Physician Fee Schedule (PFS) that went into effect three months ago. One significant cut among Medicare Part B physical and occupational therapy […]
While nursing home COVID-19 death rates have plummeted – with just 1,000 nursing home resident and staff deaths reported over the past four weeks – some health care experts don’t think the sector is out of the woods quite yet. Between February 20 and March 20, 1 out of every 80 nursing home residents were […]
Recent calls for nursing home reform and actions from regulators and lawmakers have drawn renewed attention to the role that certified nursing assistants currently play in care centers – and how their role could evolve. Some skilled nursing operators have responded to calls for expanding the CNA role by creating more specialized positions, and legislatures […]
Operators are feeling pressure from all sides as the proposed payment rule for the nursing home industry dropped on Monday, which unveiled a 4.6% cut to the Patient-Driven Payment Model (PDPM) and 3.9% increase to Medicare payments for the sector. The news comes at a time when SNFs are facing a historic workforce shortage, rising […]
The federal government on Monday proposed its payment rate update to nursing home reimbursements for fiscal 2023, which includes a 4.6% cut related to the Patient-Driven Payment Model. That cut from the Centers for Medicare & Medicaid Services (CMS) amounts to a total loss of $320 million, according to the agency. CMS – in its […]
At a time when more than a quarter of nursing facilities are reporting at least one staffing shortage, skilled nursing operators now more than ever have to find creative ways to establish career paths for entry-level positions that are often seen as “dead end jobs.” Dr. Jeff Farber, New Jewish Home president and CEO, worries […]
In light of steadily increasing vaccination rates for nursing home staff and residents, and overall improvement to outbreaks in the space, the Centers for Medicare & Medicaid Services (CMS) on Thursday said it is phasing out some of the temporary waivers linked to COVID-19 and the public health emergency (PHE). Among those is the temporary […]
The way care is financed, delivered and regulated in the nursing home sector is both ineffective and inefficient, a new report from the National Academies of Sciences, Engineering, and Medicine found, as significant strategic investment will be needed to improve what has become a fragmented and unsustainable system. The wide ranging report called for swift […]
Skilled nursing providers are looking for ways to get ahead as the long-term care industry increasingly moves toward a value-based payment world. Operators who have taken the leap to create their own in-house insurance plans are starting to see the move pay off in a big way, both on the clinical and financial side of […]
Capital providers dealing in the skilled nursing space are pushing back on the White House’s position on institutional capital, stressing the need for it in the sector. While institutional capital is critical to many of the key players in the space, some capital providers say newer owner-operators will have a hard time getting the necessary […]
Skilled nursing operators may soon face disastrous Medicare funding cuts, American Health Care Association President and CEO Mark Parkinson warned on Thursday. The Centers for Medicare & Medicaid Services (CMS) is expected to release its latest proposed payment rule for skilled nursing providers in the coming weeks. While the nursing home sector has successfully fought […]
Staffing challenges continue to strain skilled nursing facilities, and not just at the caregiver level. Operators are acutely aware that once a long-time administrator decides to leave the building, other staff may follow. It also takes time to fill the position – often more than a caregiver role – because depending on the state, administrators […]
While nursing home operators and industry trade groups appreciate the Biden administration’s proposal to use Medicaid as a tool to boost staff wages in the industry, some wonder if the federal government’s approach is too broad for an increasingly diverse industry. Facilities vary widely based on region and community demographics, company culture and size. Still, […]
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