About a year ago, Illinois-based Heritage Operations Group significantly reduced its skilled nursing footprint, divesting almost half of its 44 skilled nursing facilities and an assisted living facility. At the time, the company cited added challenges posed by staffing shortages and increased staffing costs amid a challenging economic climate. But a year makes a difference. […]
Category: Technology
Past White House administrations – including those headed by Democratic presidents – have not tried to enact a federal nursing home staffing mandate, former Speaker of the House Paul Ryan observed on Tuesday. “Even the Obama administration didn’t do that,” Ryan commented, during a discussion with Direct Supply Founder and CEO Bob Hillis at the […]
Kent Rodgers, president and CEO for CarDon & Associates, has seen some great challenges in his 17-year career at one of Indiana’s largest nursing home providers, but he’s also excited about being at the forefront of many transformations, some spurred by the Covid-19 pandemic. In fact, the pandemic was raging when he became the company’s […]
“There are things that I know my colleagues here do that we would not have considered a year ago, two years ago, three years ago. We have to be flexible if we’re going to retain staff and bring them into our organizations.” These are the words of Stuart Almer, president and CEO of Gurwin Healthcare […]
Use of artificial intelligence (AI) has been steadily increasing at nursing homes, as the technology begins to deliver on its promises to improve efficiencies in a wide variety of areas, from clinical outcomes to back-office work. And while ChatGPT is the attention-grabber these days, natural language processing is but one of the ways AI is […]
Like many markets across the country, the Twin Cities in Minnesota are confronting a reduction in skilled nursing beds, which is forcing patients to remain in hospitals for longer periods of time — with skilled nursing-at-home gaining momentum as a solution to these discharge pressures. “The average length-of-stay on the hospital side is eight days […]
Chief financial officers of skilled nursing facilities are increasingly collaborating with the front line while paying close attention to key operational metrics. Such evolutions in the role are crucial, given immense financial pressures caused by the skyrocketing cost of care and low Medicaid reimbursement rates. CFOs in the space would do well to collect real-time […]
As resident falls are still a primary source of financial loss for long-term care providers, researchers and tech companies are continuing to develop and improve on tools that predict the risk of falls. The latest offering in clinical tools that predict falls is a risk prediction model aiming to identify residents of nursing homes at […]
As staffing remains one of the leading areas of trouble for nursing homes, operators have turned to technology tools that have improved both retention and recruitment of workers in the last year. But while operators, advocates and even insurance providers associated with the skilled nursing sector applaud the implementation of staffing-related technology, doing so is […]
Despite ongoing staffing challenges and inflationary fallout from the pandemic, skilled nursing operators are optimistic about this year – many expect occupancy rates to increase in the years ahead, along with general growth in the sector. That’s according to a Skilled Nursing News survey conducted at the end of last year, in partnership with EHR […]
ShiftKey, which connects senior care and other health care professionals with work opportunities, has a new $300 million cash infusion that will move the firm forward towards its next phase of growth. Dallas-based ShiftKey offers a platform where licensed health care staff including registered nurses, certified medical assistants and clinicians can search for and […]
Operators in the nursing home space are dealing with a crippling workforce shortage and rising costs of care – all while seeing continued higher acuity among residents. Providers and vendors in the space agree they’re seeing a larger proportion of patients with higher acuity, but the definition of acuity varies along with methods to measure […]
The top quotes of 2022 memorably captured some of the biggest skilled nursing issues of the year, from “shocking” payment policies to “colossal” regulatory issues to “transformative” changes. The quotes below not only serve as reminders about what transpired over the last 12 months, but touch on many issues that are still pressing as 2023 […]
Lenders, operators, industry lobbying organizations and consumer advocates all agree that an expansion of skilled nursing financing programs through the Department of Housing and Urban Development (HUD) could be a game-changer in driving much-needed innovation. Building on suggestions from the National Academy of Sciences, Engineering, and Medicine (NASEM), the authors of a recent Health Affairs […]
Skilled nursing and post-acute companies — and other providers serving older adults — must raise their games to deliver services within a new health care paradigm, as payers and consumers alike demand a more integrated continuum. In particular, post-acute and senior care companies must “be the answer” as large insurance companies seek ways to more […]
When it comes to recruiting and retaining nursing home staff, Chelsey Gray has taken a cue or two from her time in the tech world. Prior to joining Revive Health Senior Care Management as an owner and chief transformation officer, Gray worked for a large government contracting firm and spent time as a data scientist. […]
TSOLife completed a $9 million Series A funding round for its AI-based business intelligence platform that translates and transcribes resident interviews and converts the information into consumable data. Data dashboards can be utilized by skilled nursing staff to look for actionable trends and insights. “TSO is the tip of the spear in gathering social insights […]
While the spotlight on skilled nursing continues to shine bright, an election year has advocacy groups certain that legislative efforts will be pared down to just a couple key pieces Congress aims to tackle this fall. Policy dedicated to boosting a floundering workforce, expanding telehealth beyond public health emergency (PHE) waivers, and streamlining authorization processes […]
Insurance giant Genworth (GNW) has teamed with Timothy Peck — the entrepreneur behind Call9 and Curve Health — on a startup meant to redefine the way older adults connect with skilled nursing and other long-term services and supports. Currently, when older adults and their loved ones are in need, they must start to navigate a […]
Actively looking to grow as an operator, EF Senior Care is using its consulting roots to more quickly diagnose problems prior to acquiring facilities, while developing its own software platform to better address turnover among administrators. In its unique business model, EF looks at potential properties through the lens of a consulting firm in order […]