Now that we’ve broken down the top 10 stories of the last year, it’s time for us to dive into our predictions for the top skilled nursing trends of the coming 12 months. Some key headwinds, such as questions over Medicaid reimbursements, declining occupancy, and new regulations — including the final round of the requirements […]
Sabra Health Care REIT (Nasdaq: SBRA) turned in a busy 2017, completing a major merger with Care Capital Properties, snapping up an additional 24 SNFs, and announcing a long-term plan to completely dump its troubled Genesis assets (NYSE: GEN). At the helm through the process has been Rick Matros, known for his outspoken takes on the […]
My job involves combing through Google Alerts in search of the latest filings and nuggets of news about the skilled nursing industry. Most are false positives — especially during the autumn, when my alert for “SNF” returns more information about the coming week’s Sunday Night Football matchup than skilled nursing facilities. But ever since I […]
Nurse residencies have long been associated with hospitals and the resources they provide, but long-term care facilities are starting to see their potential as they focus on hiring and retaining the best nurses. When the University of Wisconsin realized new nurses were also starting to expect, or at least ask about, residency programs in long-term […]
The rehab-focused subsidiary of Genesis HealthCare (NYSE: GEN) is making an effort to study and pilot new technology—including futuristic innovations like an exoskeleton for rehab patients. The Kennett Square, Pennsylvania-based Genesis Rehab Services (GRS), which provides rehabilitation services at more than 1,700 locations across the U.S., is linking up with some forward-thinking startups to foster new […]
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 […]
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