Why Appriss Health Made a Reported $500M Bet on Post-Acute Care with PatientPing

Despite a historically devastating year for post-acute and long-term care, a major tech player in the behavioral health space sees incredible opportunity in expanding its reach into the sector — particularly as the pandemic continues to illustrate the yawning gaps in the overall health care continuum. The Louisville, Ky.-based Appriss last month made a major […]

PE-Backed Appriss Acquires Skilled Nursing Software Firm PatientPing for a Reported $500M [UPDATED]

PatientPing, a software company that has garnered significant venture capital funding as it looks to ease care transitions between nursing homes and other settings, has sold to Appriss Health, the companies announced Tuesday. PE Hub initially reported the news Monday, citing “people familiar with the transaction”; the two firms formally confirmed that they had reached […]

Omega Acquires Connected Living in Bid to Expand Post-COVID Tech Options to Skilled Nursing Tenants

Omega Healthcare Investors (NYSE: OHI) on Friday announced the acquisition of Connected Living, a move that will bring an in-house tech option for the real estate investment trust’s (REIT) senior housing and care tenants. The terms of the deal were not disclosed, though Omega senior vice president of corporate strategy and investor relations Matthew Gourmand […]

TapestryHealth, Rosie Ink Deal to Expand Nursing Home Telehealth, Remote Monitoring Systems

The widespread embrace and expansion of telehealth may go down as one of the top long-term positive developments to come out of the COVID-19 pandemic, and a pair of tech players in the nursing home space this week announced a new partnership aimed at building on that momentum. Telemedicine provider and primary care practice TapestryHealth […]

EarlySense Sells, Licenses Back Post-Acute Monitoring Tech to Hillrom in $30M Deal

EarlySense, which provided contact-free monitoring technology to hospitals and post-acute providers, sold its intellectual property to Hillrom (NYSE: HRC) for a cash consideration of $30 million, the technology firm announced on Monday. Under the terms of the transaction, EarlySense will receive licensing for all intellectual property and technology sold to Hillrom for use outside the […]

Amid Vaccine Push, Nursing Homes Can’t Overlook Testing as COVID Positivity Rates Stay High

While skilled nursing facilities and their pharmacy partners work to vaccinate staff and residents against COVID-19, they can’t lose track of the testing that is critical to revealing who might be infected — particularly as positivity rates across the U.S. remain high. According to county positivity data from the Centers for Medicare and Medicaid Services […]

Genesis’s LTC ACO Inks Deal with Third Eye to Expand Telehealth in Nursing Homes — Free of Charge

An accountable care organization (ACO) backed by one of the nation’s largest nursing home providers on Tuesday announced a deal to expand telehealth services to its members in a push to cut hospitalizations and boost clinical coverage — during and after the COVID-19 pandemic. Under the new agreement, the skilled nursing tech provider Third Eye […]

Private Equity-Backed Net Health Acquires Skilled Nursing Data Provider PointRight

Net Health, a Pittsburgh-based health care software provider, on Tuesday announced its acquisition of skilled nursing data firm PointRight. PointRight — which provides data analytics services to about 2,400 long-term and post-acute care providers, along with hospitals, accountable care organizations, and landlords — will help to enlarge Net Health’s growing footprint in the skilled nursing […]

As SNFs Prep for COVID Vaccination, Questions Remain for Frontline Workers on Speed and Credibility

With two COVID-19 vaccines officially authorized for use, the immunization of health care workers and long-term care facility residents is finally underway in earnest. The Food and Drug Administration granted emergency use authorizations (EUAs) to Pfizer’s (NYSE: PFE) COVID-19 vaccine on December 11 and to Moderna’s (Nasdaq: MRNA) on December 18. There are several considerations […]

With Promising Results from Abbott’s COVID Tests, HHS Commits to Ongoing Shipments for Nursing Homes

With one COVID-19 vaccine authorized by the Food and Drug Administration (FDA) and another likely to gain approval soon, the end of the pandemic could be coming into view. In the meantime, though, testing remains a critical element of the response, particularly for skilled nursing facilities, and the Department of Health and Human Services (HHS) […]

Promises, Questions Abound as Azar Floats Christmas Vaccination Target for Nursing Home Residents

The emergency use authorization (EUA) granted to Pfizer’s (NYSE: PFE) COVID-19 vaccine late on Friday launched a flurry of promises and commitments to get the vaccine out to vulnerable long-term care residents as quickly as possible. Alex Azar, the secretary of the Department of Health and Human Services (HHS) suggested on Sunday in an interview […]

PointClickCare to Buy Collective Medical in $650M Deal as COVID Exposes Flaws of Post-Acute Silos

A giant in the post-acute software and tech world is about to get much larger, driven by a push to break down the barriers between various settings in post-acute care. PointClickCare Technologies on Tuesday announced its pending acquisition of care coordination software firm Collective Medical, cementing a relationship between the two companies that began in […]

BD Exec: Antigen Tests Are Reliable on COVID-19, But Community Spread Plays Role in False Results

The federal government’s push to send out rapid point-of-care antigen test for COVID-19 to all nursing homes officially wrapped in the early months of autumn. But for many skilled nursing facilities, the use of the tests was fraught, with questions lingering about accuracy and refills of supplies. Those concerns began to ease as fall wore […]

Curve Health Sees Value-Based Progress at Nursing Homes — Even If It’s Still Technically Fee-for-Service

The federal government has talked a big game about shifting toward value-based payments for Medicare and Medicaid providers, but fee-for-service reimbursements have remained a primary force governing operations in the post-acute and long-term care sector. COVID-19 has subtly shifted that dynamic, however — especially in the field of telemedicine, which has seen skyrocketing adoption rates […]

COVID Test Refills Flowing to Nursing Homes, But Supply Concerns Loom Amid Spikes and Workforce Shortages

As cases climb across the country, community spread will send increasing numbers of counties into the so-called yellow and red zones — in turn, requiring more and more skilled nursing facilities to test staffers according to the September guidelines from the Centers for Medicare & Medicaid Services (CMS). As of the most recent CMS data […]

Call9 Founder’s New Venture Curve Health Raises $6M in Skilled Nursing Tech Push

Senior care tech startup Curve Health raised $6 million in seed funding as the firm seeks to build on a platform developed by its founder’s previous company, the now-defunct skilled nursing telehealth provider Call9. The New York City-based Curve on Thursday announced the results of a funding round led by Lightspeed Venture Partners, with Lightspeed […]

SNN Survey: Most Providers Will Survive into 2021, But Capital Providers Remain Worried About Census

A recent Skilled Nursing News survey of nursing home operators found cautious optimism about the near-term future of the space, with a majority seeing a clear path to the future even without additional government support. At the same time, operators have largely been pouring that federal largesse — including CARES Act grants, Payroll Protection Program […]

Amid COVID, North Shore Focuses on Recruitment, Technology, And Ancillary Growth Opportunities

The operator North Shore Healthcare has navigated rapid-fire growth since the company’s beginning. From two locations, it has grown rapidly. Now the Glendale, Wisconsin-based North Shore has 71 locations, 60 of which are skilled nursing facilities, with its primary footprint in the Badger State. The company grew in spurts over that time period, but CEO […]

COVID-19 Antigen Test Confusion Highlights Need for Better Federal Guidance for SNFs, Experts Say

One state’s ban on the use of point-of-care tests for COVID-19 in skilled nursing facilities has been withdrawn after sharp criticism from the assistant secretary of the Department of Health and Human Services (HHS). But the incident highlights the confusion around the use of the tests – and the need for clearer federal guidance on […]