Owner of Skilled Nursing Operator Skyline Pleads Guilty to $38M Fraud

Joseph Schwartz, the owner of Skyline Management Group LLC, has admitted his involvement in a massive $38 million employment tax fraud scheme. The scheme targeted nursing homes owned by Schwartz across the country.  Skyline, headquartered in Wood Ridge, N.J., once operated over more than 100 skilled nursing facilities across 11 states, providing care for over […]

MedPAC Advises Cutting Skilled Nursing Medicare Payment Rate by 3%

The Medicare Payment Advisory Commission (MedPAC) is recommending that for fiscal year 2025, Congress should reduce the 2024 Medicare-based payment rates for skilled nursing facilities (SNFs) by 3%, citing strong margin projections, occupancy growth and access to capital for the sector. “We project the SNF margins in 2024 to remain high even with the downward […]

DOJ Reopening Medicare Fraud Case Against Philip Esformes – Nursing Home Mogul Pardoned by Trump

The Department of Justice (DOJ) is attempting to reopen the case of nursing home mogul Philip Esformes – convicted of one of the biggest Medicare frauds in history – and whose 20-year sentence was commuted by President Donald Trump, and an article in Mother Jones magazine provides a deeper look into the case. Together with […]

Nursing Homes Face Unprecedented Challenges Amidst State-Specific Instability and Wage Pressure, With 15% Rise in Costs

The nursing home industry is undergoing a turbulent period marked by economic, operational and regulatory challenges, according to CliftonLarsonAllen (CLA). CLA’s latest report on the sector underlines the state-specific instability and disparities that are currently impacting SNFs. CLA researchers said over the past three years, there has been a steady rise in expenses at a […]

‘Frailty Levels’ Decline, Health Trajectory Improves After Nursing Home Stay for Acute Patients

Older adults experience a decline in vulnerability after moving into a skilled nursing facility, according to a new study. Conducted by NORC at the University of Chicago, with funding from the National Investment Center for Seniors Housing and Care (NIC), the findings show that approximately three months after relocating, this vulnerability among older adults plateaus […]

WTWH Media Acquires HME Business and Mobility Management, Growing its Healthcare and Life Sciences Offerings

WTWH Media, LLC has announced the acquisition of HME Business and Mobility Management from 1105 Media, Inc. The two digital B2B media properties are focused on the home medical equipment industry and mobility professionals and rehabilitation suppliers and clinicians. These two additions build upon WTWH’s presence in the healthcare sector and further enhance its ability […]

26 Nursing Homes Close in the Past Year Across Iowa

Countryside Health Care Center, one of the largest nursing homes in Iowa, with a maximum occupancy of 101 residents, announced that it will close within 60 days. This brings the total number of nursing homes closing in Iowa since June 2022 to 26. Valley View Community Home in Butler County and Pocahontas Manor in Pocahontas […]

Payment Perspectives: Hank Watson, Chief Development Officer, American Health Plans

In this Payment Perspectives interview, Skilled Nursing News is joined by American Health Plans Chief Development Officer Hank Watson to talk about what health care providers need to do differently when it comes to payment evolution. He explains how skilled nursing providers can show their value to payers, and he also debunks the common myths […]

CareTrust Acquires 4 SNFs in the West Coast; LTC Properties Invests $61.5 Million in Ohio

CareTrust REIT Inc. (NYSE: CTRE), along with a regional investor in healthcare real estate, acquired four skilled nursing facilities on the West Coast. The four-property acquisition includes 450 skilled nursing beds and 20 assisted living units. Links Healthcare Group, a new operator relationship for CareTrust, will operate the facilities pursuant to a 15-year master lease […]

Experts Weigh in on Whether Medicare Boosts for Nursing Homes are Enough

Nursing home industry experts are encouraging providers to keep a close eye on how their businesses will be impacted when Medicare Advantage penetration goes up, and to also watch for whether the federal Medicare rate adjustments for 2024 prove to be adequate. Executives at Health Dimensions Group, a management and consulting organization that serves senior […]

‘Backed into a Corner’: Over 500 Nursing Home Providers Gather to Protest Looming Minimum Staffing Proposal

Nursing home industry leaders, more than 500 of whom gathered on Capitol Hill this week to influence workforce legislation, sounded alarms over the possibility of a minimum staffing rule at the conclusion of their meeting with policy makers Tuesday. At a time when the industry is still reeling from the effects of massive worker shortages […]

Bloomfield Capital Closes $12.0M Senior Bridge Loan for Southern California SNF; PointClickCare Acquires Patient Pattern

Bloomfield Capital, direct lender and equity investor in commercial real estate assets, announced the closing of a $12.0 million senior bridge loan, which was used to refinance a maturing loan on a skilled nursing facility located in Southern California. The loan’s sponsor purchased and restructured multiple senior living assets throughout the Western U.S. and is […]

‘Alarming’ Rise of Deadly Fungal Infections at Nursing Homes, CDC Says

A fungal infection that can be fatal is spreading at “an alarming rate” across U.S. healthcare facilities and nursing homes, according to a report released on Monday by the Centers for Disease Control (CDC). “The rapid rise and geographic spread of cases is concerning and emphasizes the need for continued surveillance, expanded lab capacity, quicker […]

Aggressive, Expensive Treatments for Cancer More Commonly Prescribed for Nursing Home Residents, Study Finds

Expensive and more aggressive treatments for cancer with “enormous personal and financial costs” are more common among nursing home residents compared to older adults who live in the community. This is according to a study published in JAMA, which notes that the higher use of aggressive medical interventions for nursing home residents at end-of-life (EOL) […]

Aging Media Network Announces 2023 Aspect Awards Winners

Aging Media Network (AMN) is proud to announce the 2023 Aspect Awards winners. With 53 submissions in the categories of Behavioral Health, Home Health & Home Care, Hospice & Palliative Care, Senior Housing & Senior Living, and Skilled Nursing (SNF), the scope of creativity is broader than ever before. The program was judged by 10 […]

‘We Need to Start Today’: Nursing Home Providers Strive to Implement Workforce Tech Amid Challenges

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 […]

‘So Undervalued’: Why Nursing Homes Need to Rethink the Scheduler Role

Is there a job in skilled nursing that can be likened to a Grandmaster chess player? According to Scott Erwin, workforce planning specialist at Reverence, it’s the role of the scheduler. At Reverence, Erwin oversees the development of artificial intelligence and advanced technology that takes some of the burden off of schedulers, and so he […]

SNN Staffing Summit: The Nurse’s Voice- Finding Staffing Solutions in the Annual State of Nursing Report

This article is sponsored by ShiftMed. This article is based on a Skilled Nursing News virtual discussion with Jacob Laufer, Chief Operating Officer for ShiftMed. The discussion took place virtually on November 29, 2022 during the SNN Staffing Summit. The article below has been edited for length and clarity. Skilled Nursing News: For those of […]