The perceived quality of hospice care in nursing homes (NHs) compared poorly to other settings such as home health and assisted living, according to a new study from the Indiana University Center for Aging Research and the Regenstrief Institute. Kathleen Unroe of Indiana University and colleagues examined 7,510 survey responses to the Family Evaluation of Hospice Care, a federally […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 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, […]
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 […]
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 […]
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 […]
The families of 11 seniors who died after widespread outbreaks of Legionnaires’ disease at an Illinois home for veterans are suing the long-term care facility for negligence. Since July 2015, the disease has killed 13 residents and sickened at least 61 residents and workers at the Illinois Veterans Home in Quincy, Ill., according to a new […]
After more than a decade of declines, the proportion of skilled nursing beds at major non-profit senior living operators has held steady in recent years, even as companies in the space have dealt with reimbursement and staffing strains. Nursing care beds accounted for 32.2% of all units among the top 150 non-profit senior housing providers […]
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 […]
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