An influx of millennials is energizing the nursing workforce during a crucial period of demand growth—but that may be offset by a wave of baby boomers retiring en masse. An average millennial is now 186% more likely to become a registered nurse (RN) than an average baby boomer, according to a new study published in the October edition of Health […]
Three years ago, filmgoers were charmed by the story of a non-profit that helped nursing home residents relive their youths and improve their moods through music. Now, a team of Brown University researchers is setting out to discover whether the program could have concrete medical benefits for seniors — and operational opportunities for skilled nursing […]
If skilled nursing operators are planning to provide custodial long-term care for years to come, they might want to think again. “Custodial care has no place in skilled nursing, in my opinion,” Rick Matros, CEO of Sabra Health Care REIT (Nasdaq: SBRA), said Wednesday at the National Investment Center for Seniors Housing & Care (NIC) […]
Investing in the professional development of immigrants who work as long-term caregivers, as well as helping them integrate into the American culture and its norms, is crucial to combatting the long-term care industry’s labor shortage. This is according two former national governmental figures who spoke Wednesday in a debate titled, “The Impact of the Trump […]
The industry continues to sort out what went wrong in Florida, but there were other headlines from the week in skilled nursing, including some grim numbers from the National Investment Center for Seniors Housing & Care (NIC) and an interesting ownership shuffle for some former Kindred facilities. First, the bad news: Nursing home occupancy dipped […]
With Hurricane Maria bearing down on Puerto Rico and Hurricane Jose perhaps set for a glancing blow of New England, skilled nursing operators in various parts of the country are facing more potential tests of their emergency plans. Plus, with new Centers for Medicare & Medicaid Services (CMS) rules about disaster prep set to take […]
As skilled nursing operators go big on design features and restaurant-style dining, one Midwestern medical transport startup has also placed its bets on upscale services. Operators and regulators alike often overlook non-emergency transport, according to Brian Fleming, director of sales and marketing at Kansas City, Mo.-based Secure Medical Transport. “There’s really no regulation over this industry,” he […]
The past week has brought countless stories of devastation and survival at nursing homes in Texas and Louisiana in the wake of Hurricane Harvey, including dramatic footage of the Louisiana National Guard evacuating a nursing home in Orange, Texas and the widely-shared image of residents awaiting aid at a flooded assisted living facility in Dickinson, […]
Skilled nursing facilities and their food service providers across the country are embracing a more hospitable approach to dining. Though it was once commonplace for meals to occur at set times and include pre-portioned, pre-packaged options, more and more SNF operators are letting residents weigh in on what — and when — they eat. The […]
Amid the nagging uncertainty in the skilled nursing marketplace, some senior housing operators have moved away from SNFs entirely. Others, meanwhile, have said that if they could go back in time, they might reconsider their SNF strategy within continuing care retirement communities (CCRCs). But one provider believes the future of CCRCs includes SNFs as a […]
The last five days were dominated by a pair of major real estate investment trust (REIT) dramas — Sabra Healthcare REIT, Inc.’s (NASDAQ: SBRA) successful shareholder vote to acquire Care Capital Properties (NYSE: CCP), and Quality Care Properties’ (NYSE: QCP) decision to seek receivership for the struggling HCR ManorCare’s facilities. But much more happened in […]
It’s no secret that the skilled nursing industry has been on the rocks in recent years. Large operators have sold off their SNF offerings, while mom-and-pop facilities struggle to stay afloat. Still, SNFs offer a vital service that is not largely found elsewhere — long-term and post-acute care, particularly for those that rely on Medicaid […]
With the construction industry facing a labor shortage and the rising cost of raw materials, keeping projects on time and on budget can be quite the undertaking for development teams working on senior living communities. Costs for these types of projects — including skilled nursing facilities — have continued to increase since the beginning of […]
If you haven’t been able to take your eyes off the Sabra Health Care REIT, Inc. (NASDAQ: SBRA)-Care Capital Properties, Inc. (NYSE: CCP) drama, here’s some other stories in the skilled nursing world that you may have missed over the last seven days. It was a big week of news from the Sunshine State: Non-profit […]
New payment models frequently shoulder the blame for the uncertainty surrounding the skilled nursing marketplace, as operators struggle to shift from the private-pay and Medicare of the past to Medicare Advantage and other new reimbursement methods. But, according to one SNF consultant, the time for blaming new models is over — and the only thing […]
First things first: We here at Skilled Nursing News won’t say that Trumpcare has officially died — it’s been revived multiple times so far— but after months of hand-wringing and dire projections about Obamacare repeal’s effect on the skilled nursing industry, it finally looks as though the former president’s cornerstone legislative victory is here to […]
Skilled nursing providers don’t need to break the bank or knock down walls to make their facilities more visually attractive. In fact, some of the more effective design strategies are also some of the simplest, skilled nursing design experts say. And instead of trying to buy the whole package, operators might instead look for a la carte […]
Skilled nursing operators know the cold facts: Finding and retaining quality employees has gotten a lot harder as the improving economy created a job-seeker’s market, especially among more specialized practitioners such as nurses. And that’s before considering SNFs’ reputation as a “farm system” where nurses go to pick up a year or two of experience […]
Retaining a staff of talented, motivated employees has remained one of the most vexing problems for skilled nursing operators, as a recovering economy has drastically increased the competition for the best workers. One SNF provider has successfully turned to a clear organizational structure for an answer, while some other senior housing providers have taken even more novel approaches, according […]
Though many of the chief executives behind some of the biggest public skilled nursing companies in the U.S. made millions of dollars last year, some earned more than others. Company leaders at Quality Care Properties (NYSE: QCP), Kindred Healthcare (NYSE: KND), and Omega Healthcare Investors (NYSE: OHI) made the most in total compensation in 2016 — […]
By continuing to use the site, you agree to the use of cookies. More Information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. For more information, see our cookie policy.
