The transition between hospital to skilled nursing facility presents a key opportunity to reduce rehospitalization risk, improve outcomes and save money — but a new study finds that players on both sides often aren’t on the same page. The research team, led by Sarwat Chaudhry of the Yale Center for Healthcare Innovation, Redesign, and Learning […]
Under the new regulatory landscape, avoiding rehospitalizations is king — not just for the skilled nursing facility, but for the hospital and any home health providers that may provide care after discharge. But too often, SNFs focus on care within the facility only, and don’t take steps to manage the entire process from hospital to […]
After boosting referrals and admissions through a pilot program, StoneGate Senior Living is launching a “Central Intake Center” at its Dallas headquarters. The new CIC is meant to create a more streamlined admissions process for its 12 buildings in the Dallas market, making StoneGate a provider of choice for referral sources like hospitals as well […]
Less than two-thirds of acute and long-term care providers have found that bundled payments both lower costs and improve care, according to a new survey, though the company behind the numbers says it’s a little more complicated than that. Archway Health, a Watertown, Mass.-based firm that advises health providers on bundled payment models, asked 70 […]
The Centers for Medicare & Medicaid Services (CMS) on Thursday announced an emergency suspension of Medicare quality reporting requirements for skilled nursing and other health care facilities affected by Hurricane Harvey. Skilled nursing facilities (SNFs) located in 32 Texas counties and five Louisiana parishes will be automatically granted exceptions for submitting Quality Reporting Program data […]
Total U.S. demand for skilled nursing care is significantly higher than previously projected, according to a new study from the RAND Corporation. While previous research studies have consistently found that about 35% of older Americans will spend at least one night at a nursing home during their lifetimes, mirroring data from the Department of Health […]
When a patient moves through the health care continuum, they can sometimes fall into certain gaps and miss out on services that would otherwise be beneficial. While the system continues to strive for better care coordination centered on the patient, there is one emerging role that can ease transitions and better serve patients — the […]
Amid the nagging uncertainty in the skilled nursing marketplace, some senior housing operators have moved away from SNFs entirely. Others, meanwhile, have said that if they could go back in time, they might reconsider their SNF strategy within continuing care retirement communities (CCRCs). But one provider believes the future of CCRCs includes SNFs as a […]
The largest Catholic health system in Illinois has signed a deal to merge with a joint venture of the largest non-profit health system in the U.S. Presence Health will become part of Amita Health, a joint venture between Alexian Brothers Health System and Adventist Midwest Health. The Chicago-based Amita is part of Ascension, encompassing nine […]
The last five days were dominated by a pair of major real estate investment trust (REIT) dramas — Sabra Healthcare REIT, Inc.’s (NASDAQ: SBRA) successful shareholder vote to acquire Care Capital Properties (NYSE: CCP), and Quality Care Properties’ (NYSE: QCP) decision to seek receivership for the struggling HCR ManorCare’s facilities. But much more happened in […]
When a San Francisco medical center shutters its skilled nursing and sub-acute care operations this month, the move will put an additional strain on a city facing a care shortage. Sutter Health California Pacific Medical Center (CPMC) will close its skilled nursing and sub-acute unit at St. Luke’s Hospital as part of a $600 million […]
Skilled nursing operators know the cold facts: Finding and retaining quality employees has gotten a lot harder as the improving economy created a job-seeker’s market, especially among more specialized practitioners such as nurses. And that’s before considering SNFs’ reputation as a “farm system” where nurses go to pick up a year or two of experience […]
The total dollar value of nursing care properties that changed hands in the second quarter of 2017 fell slightly from previous quarters, according to preliminary data from the National Investment Center for Seniors Housing & Care (NIC). In total, $1.4 billion worth of senior care mergers and acquisitions occurred in the second quarter — with senior […]
Construction: Planned Trilogy Plans to Build SNF on Property Owned by Monastery in Indiana Trilogy Health Services is looking to open a skilled nursing facility on a plot of land owned by the Monastery Immaculate Conception in Ferdinand, Ind. The proposal calls for senior housing that would include skilled nursing, assisted living, and rehabilitation services, according to […]
A group of skilled nursing properties that changed hands in a sizable transaction two years ago has seemingly fallen on hard times. Fortis Management Group announced on July 12 it filed for a receivership in an agreement with its landlords. The company operates 60 skilled nursing and five assisted and independent living facilities spread across Wisconsin, Michigan, Minnesota, Oregon, Idaho […]
The dollar value of long-term care (LTC) facility transactions ballooned by nearly 300% in the second quarter of 2017, even as the absolute number declined. LTC facilities commanded a total of $9.7 billion in the second quarter of 2017, a 299% increase from the $2.4 billion that changed hands in the second quarter of 2016 […]
Construction: Planned $20 Million Retirement Home Planned in Nebraska Vetter Health Services plans to build a $20 million retirement home in Kearney, Neb., reports the Kearney Hub, a local news site. The campus, dubbed Brookestone Gardens Retirement Campus, will house a 60-bed skilled nursing facility and 40 assisted-living apartments. Brookstone Gardens is currently scheduled to open in 2018. […]
In case you missed it, here’s a look at the past week in skilled nursing news, from a potential final showdown between a major provider and its landlord to a peek into the highest-paid executives in the business. Today’s the day for HCR ManorCare, Inc. to pay the back rent it owes Quality Care Properties, […]
For-profit skilled nursing operators captured a gradually larger share of the United States SNF market from 2009 and 2015, while non-profits increasingly ceded ground to governments. In 2015, for-profits accounted for 68.4% of the nation’s 15,583 certified nursing facilities, according to a Tuesday report from the Kaiser Family Foundation. That’s compared to a 23.8% share […]
At first, the conclusion seems obvious: Hospitals that sink more money into post-acute services provide better care to patients than their lower-spending counterparts. But those findings, released this week by researchers at the Massachusetts Institute of Technology, have stark implications for skilled nursing providers. “We find that patients who go to hospitals that rely more […]
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