Nursing home sector leaders and financial backers are basing their future plans heavily on Medicaid rate increases seen across the country, as some states meet the moment with substantial increases to combat inflationary pressures and staffing costs. Others, meanwhile, haven’t increased rates in a meaningful way and have not kept pace with increased costs that […]
As the nursing home industry continues to work its way through ongoing workforce and occupancy challenges, one of the nation’s largest owners of skilled nursing facilities is keeping a close eye on how states are extending or making permanent the Medicaid funding boosts tied to the Covid-19 public health emergency (PHE). The Omega Healthcare Investors […]
Conditions stemming largely from the omicron variant of Covid-19 have halted the recovery process for one of the nation’s largest owners of skilled nursing facilities, Omega Healthcare Investors (NYSE: OHI). Luckily, omicron has not exacted too steep a toll on residents’ health, but it has created severe staffing challenges and suppressed occupancy; resulting liquidity issues […]
Operators continue to face liquidity and workforce shortage issues at this point in the pandemic, Omega Healthcare Investors (NYSE: OHI) told shareholders during its third quarter earnings call on Friday, but anticipated Provider Relief Funds (PRF) and state initiatives will offset costs when they arrive. Florida’s nearly $100 million funding initiative for nursing homes, along […]
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