SNF Occupancy Projected to Fall Further in 2017

Anyone hoping for skilled nursing occupancy to bounce back this year might want to adjust their expectations. Occupancy for skilled nursing is projected to dip 40 basis points in 2017, hitting 86.4% by year-end, according to a recently released Marcus & Millichap Seniors Housing Research National Report for the first half of 2017.  The Calabasas, […]

Amid Skilled Nursing Exit, Kindred Launches New Division

Kindred Healthcare (NYSE: KND) may not be a skilled nursing operator for much longer, but the company plans to remain a major force in post-acute care—and it has just launched a new business division to help achieve that goal. Louisville-based Kindred has tapped Brian Holzer, M.D., to serve as president of the new division, Kindred […]

NPR: State Regulators Cracking Down on Involuntary SNF Discharges

The Administration for Community Living logged more than 9,000 complaints about involuntary discharges from long-term care facility residents across the country in 2015, and now lawmakers are taking notice. In particular, officials in Maryland and Illinois have begun investigating discharge rates in their states, according to a recent report from NPR. Maryland Attorney General Brian […]

Is Senior Care Headed for a ‘Jetsons’ Future?

New technology and techniques could change the face of the senior care industry in the years to come. From utilizing futuristic tech to relieve caregiver shortages to redefining death itself, here are a few ideas on what the future might hold for aging, according to a Forbes article from Next Avenue, a publication for seniors. Five years from […]

3 Steps to Success in New Skilled Nursing Payment Models

by Laurie Thomas and Guy Cowart Historically, we as skilled nursing and therapy providers have been used to a level of industry stability. Within this familiar framework, we’ve trained our leaders with certainty and delivered care with a confident rhythm. Unfortunately, this model simply may not serve us well in the future, with our rapidly […]

Omega Acquires 18 UK Facilities, Denies Issues with Signature

Omega Healthcare Investors, Inc. (NYSE: OHI) yesterday announced the acquisition of 18 care homes in the United Kingdom — and, in the same release, denied a recent report that it had hired a third-party advisor to assist with financial difficulties at properties operated by Signature Holdings II, LLC. The Hunt Valley, Md.-based skilled nursing REIT bought […]

Alzheimer’s Deaths at Home Ticking Up, CDC Says

Alzheimer’s disease patients are increasingly dying at home instead of at a hospital, senior living community or skilled nursing facility. That’s according to a new report from the Centers for Disease Control and Prevention (CDC) on deaths from Alzheimer’s disease. Alzheimer’s, a fatal form of dementia, is the sixth leading cause of death in the U.S. and accounted […]

LeadingAge Aims for Real-World Impact with UMass Research Center

Seeking real-world connections for its research into long-term services and supports (LTSS), LeadingAge looked past private colleges and recently partnered with the public University of Massachusetts Boston to create a center dedicated to exploring the future of LTSS programs. The new LeadingAge LTSS Center at UMass Boston will use the university’s graduate students and deep […]

SNF Transactions: KeyBank Invests in Indiana

KeyBank Invests $15.3M in Indiana Skilled Nursing Facilities KeyBank Real Estate Capital invested a total of $15.3 million in two skilled nursing facilities operated by Trilogy Health Services, LLC in Indiana, providing FHA-backed financing for the Trilogy-Prairie Lakes Health Campus in Noblesville and Trilogy-St. Mary Healthcare Center in Lafayette. KeyBank’s John Randolph and Laura Conway […]

Second ‘Margaritaville for Seniors’ Could Draw Thousands of Residents

Skilled nursing developers looking for prime markets for new construction might have 3,000 reasons to consider Hilton Head, South Carolina. That’s because Hilton Head will soon boast a Latitude Margaritaville community, featuring more than 3,000 homes for those who are at least 55 years old and want a lifestyle inspired by the iconic songs of […]

CBO: 23 Million Would Lose Health Insurance Under House Bill

The Congressional Budget Office on Wednesday released its long-awaited score of the American Health Care Act, and the result remained striking for Americans who rely on Medicaid and other government programs to pay for health care. In the nonpartisan office’s estimation, 23 million Americans would lose health insurance by 2026 were the House bill, which […]

What Americans Don’t Get About Skilled Nursing and Medicare

Just 33% of older Americans have saved any money to pay for their own long-term care, including skilled nursing. Perhaps relatedly, most Americans believe the federal government should help pay for their care in old age, according to a recent survey. More than half of Americans 40 and older believe the federal government should devote “a […]

Seniors Lose Confidence in Ability to Age at Home

Seniors routinely say they would prefer to age at home rather than enter a care facility. However, it appears they are becoming increasingly nervous about their ability to do so. Compared to how they felt a year ago, nearly three in 10 seniors feel less prepared today to live independently in their own homes as […]

New Jewish Home Brings Hospital-Based Doctors into Manhattan SNF

Starting in August, The New Jewish Home will fully outsource the physician team at its Manhattan skilled nursing facility to the Mount Sinai Health System, further solidifying a partnership between the SNF operator and one of New York’s major hospital systems. The arrangement has been in the works since last year, when the SNF operator […]

This ‘Home Improvement’ Character Would Make a Good Caregiver, Survey Says

It’s not Tim “The Tool Man” Taylor, but his wife, Jill, who would make a good care worker. That’s according to a new survey from Senior Helpers, one of the nation’s largest home care franchises, with 298 locations across the U.S. and over a dozen more abroad. The survey tracked responses from 1,000 adult children between the ages of 45 and […]

Trump’s Budget Calls for Additional $610 Billion in Medicaid Cuts

Early reports indicated that President Trump’s budget proposal for the Department of Health and Human Services would take into account the American Health Care Act’s $800 billion in Medicaid cuts. As it turns out, the hypothetical effect of that yet-to-be-passed bill was only the beginning. In its 2018 HHS budget proposal, the Trump administration called for […]

Seniors Embracing New Techology, Pew Research Shows

Social media, smartphone and internet usage is up among older adults. That’s according to a recently released report from Pew Research that surveyed more than 3,000 seniors between Sept. 29, 2016, and Nov. 6, 2016. About 42% of seniors ages 65 and older now say they own a smartphone, such as iPhone or Android devices. That’s up from just 18% […]

WaPo: Big Medicaid Cuts Coming in Trump’s Proposed Budget

Citing sources familiar with its contents, the Washington Post claims that President Trump’s formal budget proposal will seek $800 billion in Medicaid cuts. The budget, expected sometime this week, will call for the Medicaid reductions to come over the next 10 years, the Post reported, and could potentially have substantial effects on the skilled nursing […]

MedPAC Official Presses Congress to Freeze SNF Payment Rates Through ’19

Reiterating its oft-repeated stance, the Medicare Payment Advisory Commission (MedPAC) once again asked Congress to put a hold on Medicare payment rates for skilled nursing facilities through the end of 2019, with an additional request for a full review in 2020. In remarks before the House Ways and Means Committee on May 18, MedPAC Executive Director Mark […]