‘Sirens Going Off’: Providers Warn of Mass Closures, Vast Nursing Home Deserts Due to Staffing Mandate

As nursing homes closures continue across the country, “nursing home deserts” are expanding, and the proposed federal staffing mandate is expected to exacerbate the problem. This is despite attempts to make the potential policy change easier for providers in rural markets, which are especially vulnerable to access issues. Operators in these areas point to the […]

Accura CEO: We Made It Through Survival Mode, Sector Still Gripped By ‘Pain and Frustration’

Despite good occupancy levels, low reimbursements amid high inflation pushed Accura Healthcare into survival mode over the last year or so, according to CEO Ted LeNeave. And successfully navigating through tough times had Accura leaning on strong partnerships — with vendors, lenders, landlords and even employees, LeNeave told Skilled Nursing News. Emerging out of this […]

Rethinking the Role of the Nursing Home CEO

Doing away with large, multi-layered corporate structures, as some of the largest skilled nursing operators have done in recent months, has given companies both big and small the opportunity to assess — and in some cases — rethink the role of the company’s top executive. Iowa-based Accura HealthCare CEO Ted LeNeave purposely placed himself at […]

Nursing Home Industry Recovery Requires More Pain and Innovation

It’s hard to pin down how nursing home operators should be feeling as the end of the year approaches. The best way I could describe it, one week after attending the American Health Care Association/National Center for Assisted Living (AHCA/NCAL) conference in Nashville, is a combination of optimism and pessimism that fluctuates depending on the […]

Accura HealthCare Looks to Get Back to Basics in 2022

When the federal vaccine mandate for health care workers went into effect before the latest court injunctions stopped it in its path, there was a time when Accura HealthCare CEO Ted LeNeave was going to have to lay off 1,000 unvaccinated workers companywide. Balancing what was initially issued by the Centers for Medicare & Medicaid […]

Transactions: Greystone Provides $24.9 Million HUD Loan for Yonkers SNF

Greystone Provides $24.9 Million HUD Loan for Yonkers Facility Greystone, a real estate lending, investment and advisory company in New York, provided a $24,910,200 permanent loan insured by the Department of Housing and Urban Development (HUD) to refinance Adira at Riverside Rehabilitation & Nursing, a skilled nursing facility in Yonkers, New York. The loan carries a […]