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 — […]
Skilled Nursing News Take: In the same week that the Centers for Medicare & Medicaid Services (CMS) announced that it would delay enforcement of new skilled nursing regulations, Kaiser Health News took this deep look into how some troubled SNFs continue to rack up safety violations even after graduating from the agency’s most stringent monitoring […]
Last month, the Centers for Disease Control and Prevention issued a warning to skilled nursing operators and other health care providers about the dangers of Legionnaires’ disease, an airborne illness that can claim lives — and costs operators hundreds of millions of dollars annually. Advances in skilled nursing facility design have made disease prevention easier for […]
Several publicly traded real estate investment trusts (REITs) have backed off skilled nursing in recent months and years, but one major player recently made an eye-popping investment in the asset class. The largest health care REITs — Ventas (NYSE: VTR), Welltower (NYSE: HCN), and HCP (NYSE: HCP) — all have either spun off the majority […]
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