CMS ‘Just Getting Started’ on Nursing Home Oversight Amid ‘Secret’ List Controversy

The federal government on Wednesday again defended its work to regulate and punish underperforming nursing homes, as the controversy surrounding a “secret” list of troubled skilled nursing facilities entered its third day. Centers for Medicare & Medicaid Services (CMS) chief medical officer Kate Goodrich confirmed a Tuesday report that the agency will soon begin releasing […]

CMS Could Release Monthly List of Special Focus Candidates After Senators’ Report

Federal officials could soon begin releasing a previously undisclosed list of underperforming nursing homes targeted for potential inclusion in the Special Focus Facility program, SNN has learned. The Centers for Medicare & Medicaid Services’ (CMS) roster of “candidates” for Special Focus Facility status became public on Monday, when a bipartisan pair of senators released the […]

Senators Release ‘Secret’ List of Troubled Nursing Homes Considered for Special Focus

A bipartisan pair of U.S. senators on Monday released a previously undisclosed list of more than 400 nursing homes under consideration for placement on the federal government’s roster of properties with serious quality issues. The list, furnished by the Centers for Medicare & Medicaid Services (CMS), consists of “candidates” for the Special Focus Facilities (SFF) […]

Immigration Crackdown Could Hurt Skilled Nursing Operators Beyond Staffing

The current presidential administration’s hard-line stance on immigration has caused serious concerns among health care employers, as any efforts that could shrink the available pool of workers will only exacerbate persistent workforce pressures. But in addition to representing a sizable chunk of the average nursing home’s staff, immigrant workers also contribute more to the trust […]

HHS, DOJ Tout $2.3B in Fraud Recoveries — Including $47M from Skilled Nursing Facilities

The federal government recovered $2.3 billion in allegedly fraudulent health care reimbursements in fiscal 2018, with several big-dollar skilled nursing settlements contributing to that total. The Department of Health and Human Services (HHS) and the Department of Justice (DOJ) last week released a joint report on their health care fraud activities for the previous fiscal […]

Consulate Tackles Care Transitions with New Skilled Nursing Data Partnership

Data has quickly become king in the increasingly challenging skilled nursing world, but the question of how different providers along the care continuum can use that data remains a sticking point. Upgrading a building’s electronic health record (EHR) distribution system from fax machines to cloud data solutions is the first step. The information, however, doesn’t […]

Inside Allure Group’s Audition Strategy for Skilled Nursing Telehealth

When the Allure Group decided to pursue a new physician telehealth partnership, leadership didn’t want to jump in headfirst — and instead turned to a kind of audition process to pick its eventual partner. For about a year and a half, the six-building chain tested out two separate telemedicine providers in two facilities, with president […]

Final Three Skyline Nursing Homes in Massachusetts Close Doors

The final three former Skyline Healthcare nursing homes placed in receivership in Massachusetts have closed. The properties in New Bedford, Fall River, and Dighton, Mass. formally closed Friday, according to a report from the Providence, R.I.-based CBS affiliate WPRI. All of the residents had found new places to receive care, Bedford Village nursing supervisor Grace […]

$42M Portfolio Refinance in Texas; Cambridge Turns Two with $10M Deal

Lancaster Pollard landed a pair of bridge loans for skilled nursing operator The Arboretum Group, pulling off a total of $42 million in recapitalization efforts at five properties. The first loan, a $12 million product with a 12-month term, refinanced existing debt on two skilled nursing facilities in southern Texas. The second deal saw the […]

Buyer Infighting, Diligence Bombshells, and Long-Term Optimism: Confessions of a Skilled Nursing M&A Executive

From the outside looking in, the flood of capital in the skilled nursing space may seem strange. After all, the main Wall Street headlines about SNFs and their publicly traded landlord partners always come with a heavy dose of caution: Reimbursement pressures, staffing strains, and liability risk make nursing care a bitter pill to swallow […]

Amid Medicaid Shortfalls, Nursing Home Demand Could Soon Exceed Supply

Skilled nursing utilization and occupancy have been on the decline in recent years, as both payers and consumers migrate to home health and other community care options for cost and preference reasons. But as low Medicaid reimbursements force operators to scale back their long-term services or shut their doors entirely, available beds for residents who […]

CMS Chief Verma ‘Spending a Lot of Time on Nursing Homes’

The administrator of the Centers for Medicare & Medicaid Services (CMS) placed nursing homes among her top areas of focus for the months to come, though she provided scant few other details during a wide-ranging press conference this week. “I’m spending a lot of time on nursing homes,” Seema Verma said in a Wednesday afternoon […]

Diversicare to Exit Kentucky, Hand Over Control of 10 Skilled Nursing Facilities

Diversicare Healthcare Services (Nasdaq: DVCR) on Wednesday announced a plan to exit the Kentucky market, ceding control of the 10 skilled nursing facilities it operates in the state. The Brentwood, Tenn.-based Diversicare reached an agreement with landlord Omega Healthcare Investors (NYSE: OHI) to terminate operations at the 10-building portfolio, which consists of around 885 skilled […]

Bucking Industry Trends, Genesis Sees $25 Million Opportunity in Long-Term Residents

Genesis HealthCare (NYSE: GEN) has seen stabilizing occupancy and length of stay in recent quarters, positive trends that its leaders on Wednesday attributed to an unlikely source: long-term care residents covered under Medicaid. “We’re very happy to bring on patients that need our services that have long-term care needs, and we think that that’s the […]