PruittHealth continues on its track toward growth, particularly in urban markets, but its CEO Neil Pruitt says the federal government needs to put more resources toward rural markets for operators. The Norcross, Georgia-based operator has set its sights on expanding into contiguous markets while deepening its presence in certain states – Tennessee is next on […]
The skilled nursing bump in Medicare rates was a “positive surprise” for leadership at Invesque (TSE: IVQ.U), as most in the industry expected payment rates to decrease heading into next year. Bryan Hickman, senior vice president of investments at Invesque, said the change – in the form of a 2.7% increase to Medicare payment rates, […]
With Covid-era federal financial support trailing off for skilled nursing operators, leaders in the space, including Sabra Health Care REIT (Nasdaq: SBRA) CEO Rick Matros, are increasingly turning a hopeful eye to Medicaid funding relief at the state level. Specifically, Matros believes more permanent relief is a function of how state budgets are shaping up […]
As the White House considers stricter federal staffing minimum requirements, regulations in some parts of the country are bowing to the realities of the skilled nursing industry’s workforce crisis. Providers in states from Virginia to New York are pushing back on the requirements they say threaten their ability to provide the best care for residents. […]
In recently announced rules of participation, the Centers for Medicare & Medicaid Services (CMS) included several updates related to behavioral health in nursing homes. The agency aims to further address the rights and available services for residents with mental health needs, including a focus on situations where practitioners or facilities may have inaccurately diagnosed or […]
The owner of seven Louisiana nursing homes was arrested this week on felony charges in connection with the death of residents who were evacuated to a warehouse before Hurricane Ida last year. Bob Glynn Dean, Jr. has been charged in Tangipahoa Parish with eight felony counts of cruelty to persons with infirmities, five felony counts […]
It costs nursing home residents on average about $39 more per day to stay in a private room compared to a semi-private room, or $315 compared to $276. While some might consider the difference to be relatively slim, it really all depends on average income per resident. Medicaid recipients generally must make no more than […]
The federal government could soon require nursing homes across the country to spend most of their Medicaid payments on direct patient care, according to a Kaiser Health News report. While not yet formally proposed, the Biden administration’s strategy would limit the amount of Medicaid dollars used on operations, maintenance and capital improvements or considered profits. […]
The push to improve the nation’s nursing homes needs to go beyond calling for increased oversight and higher quality resident care as the sector largely remains in the spotlight. Federal officials should also provide skilled nursing operators ways build up the workforce and take steps to reduce staff turnover, in addition to offering residents and […]
Despite the arduous operating challenges facing skilled nursing providers in 2022 — workforce shortages, inflation, occupancy and looming federal regulations just to name a few — the future of the sector may not be as dark and stormy as one might anticipate. The obstacles nursing home operators have already and will continue to face over […]
Everything Highland Oaks has built has been for “the grandmothers and grandfathers” in its community to have a place to grow old while maintaining a high quality of life. Coming out of the pandemic, however, the church-owned facility is finding that its model, a model that stayed relatively the same for over the past 30 […]
ProMedica Senior Care, which houses the nonprofit health system’s skilled nursing operations, has lost $124.3 million during the first quarter of 2022 as both the operator and the industry continue to face lagging occupancy recovery coupled with high labor costs. The financial figure compares to $72.5 million in operating losses for Q1 of 2021. On […]
As the Centers for Medicare & Medicaid Services moves ahead with efforts to increase transparency over nursing home ownership — and with private equity in particular taking heat — the former head of the government agency called some of the initiatives “a colossal waste of time.” Instead, former CMS Administrator Seema Verma believes a more […]
Skilled nursing has seen its highest occupancy level since April 2020, increasing 94 basis points to end February at 76.7%. That’s according to NIC MAP Data Service, powered by NIC MAP Vision. Authors of the monthly report suggest the demand for skilled nursing properties is recovering despite challenges encountered by staffing shortages and the delta […]
The skilled nursing sector needs an overhaul in how facilities are paid – and how operators are allowed to allocate government dollars – in order to really live up to the term “nursing home.” That’s according to Harvard University professor David Grabowski, who — in referring to observations made by the late Robert Kane — […]
For at least the last decade Consulate Health Care was considered a skilled nursing giant. The long-term care provider at one point had 208 buildings across 21 different states, and was the largest nursing home provider in Florida. Consulate has been through its fair share of ups and downs, including a bankruptcy filing and a […]
More than one-third of nursing homes in the U.S. could be at financial risk if the Centers for Medicare & Medicaid Services stands by its proposed funding cut and federal Medicaid dollars tied to the public health emergency end in 2022. That’s according to a report released on Thursday by the American Health Care Association/National […]
The Biden administration is working toward pushing its value-based care agenda on nursing homes by way of state Medicaid programs, a daunting task with no two programs the same, and reimbursement rates varying widely based on state. As evidenced in reforms announced in February, federal agencies are also focused on tying staffing-related measures to value-based […]
Running in tandem with federal efforts to provide adequate staffing levels and better pay to certified nursing assistants (CNAs), some state officials have undergone efforts looking to achieve similar results. Illinois House Bill (HB) 246 is making its way to Gov. JB Pritzker after state legislators on Thursday unanimously approved a $700 million increase to […]
Nursing homes in Kansas run the risk of losing their federal funding, following Gov. Laura Kelly’s call to deter enforcement of the COVID-19 vaccine mandate. The Centers for Medicare and Medicaid Services (CMS) shared its plans in a letter dated March 18 to reduce survey and certification funding by $348,723 for this year if the […]
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