The distressed skilled nursing industry appears to need fresh approaches to operations and real estate, but bringing new types of properties to market is far from easy. Mainstreet, one of the largest developers of post-acute facilities in the nation, is the latest example, as the company is scaling back the rollout of its new Rapid […]
You can lead patients to a high-quality post-acute care (PAC) provider, but you can’t make them decide to go there. That was a primary takeaway in a wide-ranging discussion at the Medicare Payment Advisory Commission’s (MedPAC) March public meeting that focused on how to steer beneficiaries into higher-quality PAC facilities. “Medicare statute provides beneficiaries with […]
Post-acute care (PAC) providers, including skilled nursing facilities, may be out of the driver’s seat in the new bundled payments program from Centers for Medicare & Medicaid Services (CMS), but that doesn’t mean they need to sit on the sidelines. In fact, being proactive is one of the best things they can do position themselves […]
For rural skilled nursing facilities, specialization and collaboration can be key ingredients to success, according to a recent webinar from Health Dimensions Group (HDG), a senior living consulting company. “People don’t quite understand how challenging it is and the amount of work that rural providers do to care take care of an entire community with […]
When Skilled Nursing News set out to envision the nursing home of the future, one topic kept coming up over and over again: the intergenerational SNF, a place where people of all ages could recover from surgeries or receive long-term care together. But creating such a diverse facility is easier said than done. “For short-term […]
Post-acute care providers will have to adapt to a bundled payment system that gives primacy to hospitals and physicians — and to do that, they’ll have to prove their value to a host of partners, according to a recent blog post from the National Investment Center for Seniors Housing & Care (NIC). The Centers for […]
The skilled nursing industry is still sorting out how it will participate in a newly announced bundled payment model rolled out by the Centers for Medicare & Medicaid Services on Tuesday. Early analysis of the text from CMS seems to exclude skilled nursing facilities, home health agencies and other post-acute care providers from applying for […]
Construction: Complete New Jersey SNF Unveils $3.5 Million Upgrade Private equity firm Tryko Partners and its operating affiliate Marquis Health Services have completed a multi-million dollar renovation of the 215-bed Oakland Rehabilitation and Healthcare Center in Oakland, New Jersey (pictured above). The work includes a newly renovated 3,500-square foot gym that includes a smart car […]
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, […]
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 […]
For some older adults, the transition into a senior living community starts from the home, typically when they’ve reached a stage in their lives where they may be looking to downsize. As they age and their care needs require greater attention, the next common step is for them to ultimately move into a skilled nursing […]
Construction: Planned St. Louis Senior Housing Expansions to Include More Skilled Nursing Friendship Village’s plans to spend $201 million on expansions at two St. Louis senior living communities could bring more skilled nursing care to the area. As outlined, the expansion would include a 90-bed skilled nursing facility (SNF) with a rehab clinic and gym in […]
Post-acute concerns could be a thorn in the side of non-profit continuing care retirement community (CCRC) operators next year. Citing industry-wide declines in census, admissions, and revenues amid changing payment models, Fitch Ratings, Inc. identified skilled rehabilitation care as a main concern for non-profit CCRCs in an otherwise sunny report about the state of the industry issued […]
Increasing numbers of doctors and advanced practitioners in the U.S. are focusing on nursing home care, which could indicate a trend toward the specialty as the U.S. population ages. Of all the doctors and advance practitioners who do any work in nursing homes, 21% specialize in nursing home care, a new study published Tuesday in […]
Post Acute Partners to Buy Majority Stake in Upstate NY Nursing Complex Weinberg Campus, a New York state senior living provider, agreed to sell the majority of its main nursing home and senior care complex in Amherst, New York, to Post Acute Partners, The Buffalo News reported. The Weinberg facilities will be operated by Post Acute Partners […]
Value-based programs can lead to lower costs of care and better quality of care for seniors enrolled in Medicare Advantage (MA) plans, according to an internal study from Louisville, Kentucky-based health insurance provider Humana. The study found total health care costs for practices in Humana’s value-based arrangements were 15% lower than original fee-for-service Medicare. Compared with standard […]
The home setting is fast becoming the preferred choice in delivering post acute care (PAC) for health care organizations in bundled payment settings, according to a recent industry report. But while health care providers are steering patients away from an institutionalized setting, one industry expert believes this realization should alert skilled nursing facilities (SNFs) and […]
A new CEO is set to take the helm at one of the nation’s largest senior living and skilled nursing organizations, and honing the company’s post-acute strategy is among his top priorities. As of Jan. 1, 2018, Joel Nelson will become the CEO of Des Moines, Iowa-based LCS, after Ed Kenny’s 11-year tenure in the […]
One niche senior living community is rolling out the red carpet for older adults from the performing arts and entertainment industries, debuting its new assisted living and skilled nursing facility (SNF). Located in Englewood, N.J., The Actors Fund Home—also known as The Lillian Booth Actors Home—recently opened the doors to its Shubert Pavilion by celebrating a […]
Skilled nursing facility (SNF) operators and industry advocates are urging the Centers for Medicare & Medicaid Services (CMS) to change a rule related to the way hospital stays are classified. The Observation Stays Coalition—a group formed in 2010 that includes organizations such as the American Health Care Association (AHCA) and AARP—is leading the charge against the […]
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