Benefits of Advanced Nursing Degrees Outweigh Staffing Squeeze

A landmark law in New York State could present additional challenges for skilled nursing providers, but major industry trade groups say that the potential benefits for residents could outweigh the staffing stress. Late last year, the Empire State passed a sweeping law that will require nurses to obtain Bachelor’s of Science in nursing degrees within […]

Non-Profit Senior Living CFOs Worried About Skilled Nursing

Skilled nursing woes rank high on non-profit senior living executives’ list of worries for the coming year. The Chicago-based specialty investment bank Ziegler asked 160 chief financial officers — along with other financial professionals — in the non-profit senior living space to find out what’s keeping them up at night. After the usual suspects of […]

Even With SNF Exit, Kindred Cautious on Future of Long-Term Care

Kindred Healthcare, Inc. (NYSE: KND) elected to exit the skilled nursing space last year due to industry headwinds, but the provider is still cautioning that the wind might not necessarily be at its back going forward. In a Monday presentation to investors, the Louisville, Ky.-based company cited low reimbursements, labor cost pressures, and the potential […]

Amid Opioid Epidemic, Drug Rehab Operators Eyeing SNF Properties

As millions of Americans grapple with opioid abuse disorders, skilled nursing facilities are attractive locations for drug treatment facilities. With more than 2 million people in the U.S. having a substance abuse disorder, according to the Department of Health and Human Services (HHS), the demand for care is spiking. “There’s this huge need for additional […]

Backed With $34M, Call9 Wants to Bring the ER into Skilled Nursing Facilities

With record-low occupancy, rising labor costs, and other pressures eroding the bottom line, the need for nursing homes to innovate to survive has never been more pressing. In their quest for innovation, skilled nursing providers are turning to new partners, such as a Silicon Valley startup offering a solution to prevent residents from going to hospital emergency departments. […]

Immigration Battle Could Squeeze Nursing Home Finances

The long-term care industry dodged a bullet this week with a short government shutdown, but the fate of a federal budget still hinges on Congress reaching consensus over immigration — another issue that could have an outsized impact on the skilled nursing space. Should Congressional Republicans attempt to clamp down on legal immigration and the so-called […]

Nursing Home Resurrects Communist East Germany to Battle Dementia

Creating a comfortable, familiar atmosphere for residents with dementia and other memory issues remains an ongoing challenge for many skilled nursing providers — but for one operator in Germany, the task required skills more typically associated with museum curators than health providers. The AlexA Residence for Senior Citizens in Dresden collected artifacts from the German […]

Cross-Sector Partnerships Could Address SNF Rehospitalizations

As skilled nursing facilities and nursing homes face increasing pressure to avoid rehospitalizations, they can draw some lessons from a study from Yale and the Scripps Gerontology Institute that examined the impact of cross-sectoral partnerships on preventable health care spending. Area Agencies on Aging (AAA) coordinate social services for older adults across the U.S. and regularly work […]

Skilled Nursing Transactions: Greystone, Ensign, KeyBank

Greystone Provides $23.5M HUD Loan for Suburban New York SNF Greystone, a New York City-based real estate lending, investment and advisory company, provided a $23.52 million permanent loan insured by the U.S. Department of Housing and Urban Development (HUD) to refinance The Willows at Ramapo Rehabilitation and Nursing Center in Suffern, N.Y. The long-term Federal Housing Administration (FHA) financing has […]

Health Care Executives Begin 2018 Bullish on M&A Front

Senior officials from skilled nursing and other health care companies are approaching 2018 confident in their mergers and acquisitions (M&A) strategies, according to a survey conducted by Capital One Financial Corporation. Among those surveyed, exactly 50% identify M&A as their primary growth strategy in 2018 — a substantial growth compared to last year’s survey, where […]

Home Care Providers See SNF Medicaid Imbalance

Louisiana nursing homes are getting most of the state’s Medicaid dollars over home care providers, according to a recent story on Business Report. But that’s not for lack of demand for home care services. The state currently has a backlog of around 31,000 Medicaid applicants for home-based care. “Across the country, we have had this issue of an […]

Top Skilled Nursing Trends of 2018

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 […]

Kindred, About to Complete SNF Exit, Sold to Humana for $4.1B

Kindred Healthcare (NYSE: KND) on Tuesday announced a definitive agreement to be acquired by a group of three companies — TPG Capital; Welsh, Carson, Anderson & Stowe (WCAS); and Humana Inc. (NYSE: HUM) — for approximately $4.1 billion in cash. The deal had been rumored over the weekend after the Wall Street Journal reported Kindred, […]

Physician Assistants Could Address Skilled Nursing, LTC Staffing Gaps

Though a significant proportion of jobs in long-term and elder care are designated solely for nurse practitioners (NPs), physician assistants (PAs) may be an overlooked resource for operators facing persistent staffing issues. That’s according to a new report from the University of California, San Francisco, which examined job postings for nurse practitioners (NPs) and physician assistants […]

What SNFs Should Know About Proper Protocols for Resident Eviction

Resident evictions from skilled nursing facilities (SNFs) are becoming a more prominent issue, as legal actions involving the matter make national headlines. The recent case of California resident Gloria Single, for example, is a clear illustration of what happens when a resident and the SNF where he/she resides become involved in a legal tangle over […]

SNF Operator Inks Rehab Partnership to Drive ACO Success

Some skilled nursing providers have been wary of accountable care organizations (ACOs), payment and care delivery models that some fear will push more and more potential residents into home health care to save money. But one East Coast operator has found success under the ACO model, and entered into a partnership with a third-party rehabilitation […]

Advanced Practice Nurses Cut Hospitalizations from SNFs by Almost Half

If a nursing home wants fewer hospitalizations, it needs more nursing personnel. This was the takeaway from a report released in October on an initiative supported by the Centers for Medicare & Medicaid Services (CMS). The initiative was meant to reduce avoidable hospitalizations among nursing facility residents, and was part of the Missouri Quality Initiative for Nursing […]

Rumored Ascension Merger Could Fold SNFs into Largest Hospital Chain

If a rumored merger actually takes place, the nation’s largest hospital operator and the nation’s third-largest nonprofit senior care organization may become one in the same. St. Louis-based Ascension Health and Renton, Washington-based nonprofit health system Providence St. Joseph Health have been discussing the possibility of merging for months, The Wall Street Journal reported on Sunday, citing […]