Consulate Takes Aim at Readmissions with New Diagnostics, Lab Partnership

The largest skilled nursing provider in Florida moved to bolster its diagnostic capabilities with an eye toward reducing costly hospital readmissions. Consulate Health Care late last month announced a partnership agreement with TridentUSA Health Services to provide radiology, ultrasound, and laboratory services to Consulate’s senior care facilities across the U.S. The terms of the deal were […]

Net Health to Acquire Rehab Software Provider Optima Healthcare Solutions

Outpatient software provider Net Health on Tuesday announced a plan to acquire Optima Healthcare Solutions, expanding its presence into the post-acute marketplace. The Pittsburgh-based Net Health — which offers software platforms for about 3,000 urgent care, physical therapy, and other outpatient clinics across the country — positioned the move as a strategic push to extend […]

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 […]

Henry Ford Wants Partnership, Not Perfection, from Preferred SNFs

Skilled nursing facilities are being pushed by both the health care system at large — and, more directly, their referring hospital partners — to improve outcomes and lower readmissions, while also saving money. To accomplish those aims, it’s essential for SNFs and hospitals alike to have a handle on their data — but that process isn’t […]

Confessions of a SNF Telehealth Executive: Providers Need to Step Up, Fight Staff Pushback on Tech

With increased pressure to improve skilled nursing outcomes and advances in technology, telehealth providers have emerged as a key target of attention from operators and investors alike. But that investment won’t provide the intended returns if the workers at the building level don’t fully buy into an operator’s overall telemedicine strategy, according to a telehealth […]

Tech Providers Optimistic That Medicare Advantage Plans Will Embrace Telehealth in SNFs

Implicit in the government’s decision to allow Medicare Advantage plans to cover telehealth services with federal dollars is a question: Just because insurance plans legally can do it, will they? At least in the early going, multiple providers of telehealth tech to skilled nursing operators have said yes — and the promise of plan savings […]

CMS Launches $1M AI Development Challenge Aimed at Predicting Unnecessary SNF Admissions

The Centers for Medicare & Medicaid Services (CMS) on Wednesday announced an open challenge to tech providers, dangling $1 million for the algorithms that can best predict potential admissions to skilled nursing and other health facilities. With the Artificial Intelligence Health Outcomes Challenge, CMS hopes to entice tech firms and individuals to compete against each […]

Real Time Medical Raises $10M to Expand Skilled Nursing Analytics Platform

The developer of a software platform that has brought substantial hospital readmission cuts to skilled nursing facilities now has a $10 million cash influx to expand its footprint. Real Time Medical Systems raised that haul in a successful funding round involving multiple investors led by SunBridge Capital, Real Time founder and executive chairman Scott Rifkin […]

Goodman Group Starts with Skilled Nursing to Roll Out Alexa Voice Tech

One senior living management company is looking to capitalize on voice technology in its skilled nursing settings to distinguish itself in the market — and to gain some efficiencies in an industry plagued by worker shortages. The Goodman Group, a senior housing and care development and management company headquartered in Chaska, Minn., manages communities with […]

Skilled Nursing Telehealth Provider Third Eye Closes $7M Funding Round

A skilled nursing-focused telehealth provider with a presence in more than 200 facilities this week announced a $7.25 million funding influx. The Chicago-based Third Eye Health recently closed its Series A funding round, led by Generator Ventures, with plans to expand beyond its current base of skilled nursing partners. Third Eye provides remote physician coverage […]

Backed by $39M Financing Round, EarlySense Sees Future Where Post-Acute Drives Tech Innovation

As health care becomes increasingly data-driven, skilled nursing facilities have to find ways of gathering data on their patients — while working with tight budgets and dealing a workforce crunch. Technology providers, with services ranging from electronic medical records (EMR) to telehealth to remote monitoring, have stepped up to try to address the need. But […]

Investing in Specialized Care Will Drive Skilled Nursing Occupancy in 2019

Adding specialized services could be a daunting task for skilled nursing providers coming off of a year of occupancy rate freefall, at least for most of 2018. But as they prepare for the new Medicare reimbursement system, the role of specialization in driving occupancy will only grow. That’s according to a webinar hosted Wednesday by […]

Even With Software, Hospitals and SNFs Struggle with Care Coordination

Seamless handoffs between nursing homes and skilled nursing facilities are an integral part of care coordination efforts under new payment models — and, in turn, financial success. But new study determines that even when providers have tools to ease patient handoffs, they find them hard to use to achieve their goals — or decline to […]

ResMed Acquires MatrixCare for $750M, Expanding Into Long-Term Care

ResMed (NYSE: RMD, ASX: RMD) announced Monday that it signed a definitive agreement to acquire post-acute software provider MatrixCare for $750 million. “We were looking for another great addition to add a third leg, if you like, to the stool of our out-of-hospital software investments, and MatrixCare just came straight to the top,” ResMed CEO Mick […]

New Analytics Platform Targets SNFs’ Growing Data Needs

Zimmet Healthcare Services Group on Thursday launched an analytics platform specifically targeting financial and reimbursement professionals in the skilled nursing space. Providers’ data needs are only likely to grow with the implementation of the Patient-Driven Payment Model (PDPM) on October 1, 2019. “There’s going to be tremendous variation in nursing home Medicare expenditures [with PDPM], […]