Bed prices at nursing homes have remained robust in recent years despite industry upheaval, and while it’s impossible to paint the state of the market with a broad national brush, the coming year could bring even higher figures as owners and operators pull off turnaround projects. A snapshot from the third quarter of 2019 revealed […]
The acquisition of the skilled nursing operator HCR ManorCare by the non-profit health system ProMedica rocked the skilled nursing world when it was announced in 2018, and many eyes have been on the marriage since. Most industry observers took a wait-and-see approach to how the deal would play out, but some commented soon after the […]
Fighting opioid addiction has been a major health care priority over the last decade, and at least one provider in the skilled nursing space says there are options for care at the state level — options that the SNF could help provide. But, at least for now, the regulatory landscape hasn’t caught up to the […]
The new year is barely a few days old, but leaders across the post-acute and long-term health care space have already predicted an active — and potentially distress-filled — 2020. As the industry adapts to a new Medicare payment model, the pressures that have bogged operators down over the last few years will continue, from […]
As skilled nursing facilities work to establish their position in an increasingly value-based health landscape, many are looking at the world of Medicare Advantage as more than a pressure point for billing. They see it as an opportunity to take control of the premium dollar, moving into the business of providing insurance for their patients. […]
In the lead-up to the new year, Skilled Nursing News took a look back at the top stories of 2019, and made our best predictions about the trends that will shape — and potentially rock — the post-acute and long-term care space in 2020. For these first business days of 2020, we decided to let […]
For the skilled nursing profession, 2019 will be synonymous with the Patient-Driven Payment Model (PDPM), and the top stories of the year reflect the importance of this shift. But PDPM is one of many moving parts in the skilled nursing world, and operators, landlords, and regulators alike made splashes in ways that had nothing to […]
In perhaps the least surprising news of the year, the new Medicare payment model for nursing homes dominated the list of most-read stories on Skilled Nursing News in 2019. But the Patient-Driven Payment Model (PDPM), for all its impact on the post-acute and long-term care space over the last 12 months, wasn’t the only story […]
As we prepare to close the door on the 2010s, we’re also about to say goodbye to a year that probably felt like a full decade for operators and investors in the post-acute and long-term care space. With a new Medicare payment model, continued Medicaid pressures, and a raft of regulatory attention from Washington, D.C., […]
Lenders who offer Department of Housing and Urban Development (HUD) loans consider skilled nursing financing to be a long-term relationship, so choosing clients carefully — and thinking about deals as partnerships for the long haul — is crucial for good-decision making. Because the federal government backs these products, which feature low interest rates and a […]
When the federal government announced the new system for Medicare reimbursement, skilled nursing operators across the country knew it meant a sea change, especially in the area of rehab and therapy. For Avalon Health Care Group, the Patient-Driven Payment Model (PDPM) meant that it was time to draw on a national perspective on the coming […]
The Ensign Group (Nasdaq: ENSG) has emerged as a rare publicly traded skilled nursing powerhouse, with steady expansion across the country and persistently solid quarterly earnings numbers. But CEO Barry Port is hesitant to take the credit. Instead, he’s content to chalk up Ensign’s success to its legion of regional leaders, many of whom have […]
If Sen. Chuck Grassley has his way, a new oversight bill for nursing homes will be introduced this month — one that reauthorizes the Elder Justice Act and sets up new funding for various programs in the 2010 law, passed as part of the Affordable Care Act. Elder abuse is a long-standing issue for Grassley, […]
Skilled nursing operators, increasingly fed up with demands for lower lengths of stay from their managed insurance partners — with little to no savings to show for it — have moved to seize control of the premium dollar by becoming insurance entities themselves. The primary way they can do this, launching a certain subset of […]
When the Centers for Medicare & Medicaid Services (CMS) moved to allow Medicare Advantage plans to cover more options for care at home, skilled nursing providers could be forgiven for not paying much attention. It’s a move with more immediate impact to home care and home health companies, as well as senior living providers. Medicare […]
The new Medicare payment model for nursing homes has brought significant upheaval around therapy provision — an outcome that one prominent CEO in the space says therapy companies should have seen coming sooner. Given all of the warning signs from Washington and Baltimore — dating back to when the federal government was planning on implementing […]
News of therapy layoffs swept through the skilled nursing industry in the weeks after the implementation of the Patient-Driven Payment Model (PDPM), and a new poll from Skilled Nursing News finds that more than 40% of operators and therapy vendors have made some kind of staffing reductions post-October 1. A little more than 43% of […]
Among the many unknowns of the new Patient-Driven Payment Model (PDPM) is its effect on the types of patients coming into the skilled nursing facility. But one place to watch resident patterns is around the addition of ventilator services and care to facilities — especially if they haven’t offered those options before. Respiratory therapy — along with […]
For the past few public earnings calls, analysts have peppered executives at LTC Properties (NYSE: LTC) with questions about the ongoing bankruptcies of skilled nursing tenants Senior Care Centers and Preferred Care, which have proven to be long-running issues for the real estate investment trust (REIT). But with a plan in place to sell off […]
For nursing home owners and operators, having frank conversations about residents’ end-of-life intentions, and organizing the associated paperwork proactively, is a potential way to avoid unwanted hospitalizations and the sizable costs that come with it — especially if it’s not in line with the patient’s wishes. Nursing homes are faced with tough decisions when the […]
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