LeadingAge Joins as New Co-Plaintiff in Lawsuit to Overturn CMS Nursing Home Staffing Mandate

LeadingAge officially became a co-plaintiff with the American Health Care Association (AHCA) in a lawsuit to dismiss the government’s staffing mandate for nursing homes.  The association in early June decided to file to join AHCA’s lawsuit against the Department of Health and Human Services (HHS) and Centers for Medicare & Medicaid Services (CMS) during a […]

State’s Workforce Funding Boost Yields Limited Results as Labor Pool Shrinks Due to Licensing, Training Issues

Many states have ramped up funding for nursing home staffing in recent years, and while the resulting increased wages and incentives have worked towards better retention, labor supply continues to be a problem.  For example, Illinois passed legislation to support staffing at nursing homes, including through provision of more than $700 million in funds annually […]

New Staffing Standards Could Reduce Capacity in New Hampshire Nursing Homes

The staffing mandate could significantly reduce the number of available nursing home beds in New Hampshire, according to reporting in the Concord Monitor. The regulations are causing concern among local nursing home administrators. “The impact of the rules could be that we close more beds,” Kathryn Kindopp, administrator of Maplewood Nursing Home in Westmoreland, told […]

Capital Funding Group Secures $20M Bridge-To-HUD Loan for Maryland Nursing Home; Touchstone Acquires 3 Texas Facilities

Capital Funding Group (CFG) secured a $20 million Bridge-to-HUD loan for the refinancing of a 125-bed skilled nursing facility located in Maryland. The transaction was finalized on March 29, 2024. “We’re excited to share the closing of this deal, as it rounded out a strong first quarter of executing financing on behalf of our clients […]

Dove Healthcare Adds 5 Skilled Nursing Facilities in Wisconsin; Regional Operator Buys 2 SNFs in East Texas

Expanding its presence across Wisconsin, Dove Healthcare, a post-acute and long-term care provider, is set to integrate five new locations into its network. Dove Healthcare’s assets will now consist of 10 skilled nursing and rehabilitation centers, five assisted living residences, and three independent living complexes. Dove Healthcare’s locations are in Barron, Bloomer, Chippewa Falls, Eau […]

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 […]