This year was another rollercoaster for the skilled nursing industry as operators – and truthfully the nation alike – went from the tail end of another covid surge, to the widespread availability of vaccines, then considerable optimism and a possible light at the end of the tunnel, back to another COVID-19 surge and as I’m […]
AHCA
While nursing home operators have largely relied on help from the federal government by way of the Provider Relief Fund (PRF) and other mechanisms to get through the COVID-19 pandemic, some leaders have found more success refocusing advocacy efforts to state legislatures for future funding. “When the stimulus bill came out and passed with trillions […]
While the long-term care industry continues to see labor shortage pressures impact day-to-day operations and, at times, hinder the ability to improve occupancy levels, the impending decline in the availability of family caregivers could present future growth for congregate care settings. “On the one hand it’s challenging to find that staff, but on the other […]
About $7.1 billion of the Provider Relief Fund (PRF) — which has totaled $178 billion over the past 18 months — has not been allocated, an October analysis from Washington, D.C.–based think tank Urban Institute determined. Skilled nursing facilities received $5 billion of allocated funds, the analysis found, and another $5 billion was devoted to […]
Staffing demands from COVID-19 spurred a national 7.13% increase in hourly wages for certified nursing aides (CNAs) this year according to a report published by the Hospital & Healthcare Compensation Service (HCS). The spike outpaced a 2020 increase of 4.76%. Non-certified nurse aides saw the highest raise at 7.98%, up from 4.24% in 2020. Despite […]
The Centers for Medicare & Medicaid Services (CMS) late Thursday issued a final rule updating Medicare payment policies — namely a delay to Patient-Driven Payment Model (PDPM) pay rate changes until next year and adjustment of provider pay by 1.2%. This was a decrease for fiscal 2022 compared to the agency’s proposed 1.3% boost in […]
Nursing home operators across multiple states have raised wages for certified nursing assistants and licensed practical nurses, thanks to a combination of union actions, post-pandemic market dynamics and public policy shifts. But with operators still facing acute financial pressures, raising wages is not a simple matter. Larger structural changes are needed to support higher wages […]
Life Care Centers of America is tightening coronavirus prevention protocols with a heightened focus on visitor screenings, increased communication, and self-quarantines — as officials report that that 14 of the 17 COVID-19 deaths in Washington were related to its nursing facility in Kirkland, Wash. In the wake of the increased spread of the virus, the […]
Concerns for the frailest nursing home patients are on the rise after the coronavirus has taken the lives of four nursing home residents in Washington state. But despite confusion and anxiety related to fears of a potential pandemic in the U.S., some long-term care communities are banding together to update health policies and offer support […]
A new piece of legislation before Congress would expand nursing homes’ ability to perform detailed background checks on potential employees, according to its sponsor. Sen. Kirsten Gillibrand, a New York Democrat, earlier this week announced a bill to improve health care worker hiring practices in an effort to reduce elder abuse. The initiative — known […]
The 11th episode of our podcast, Rethink, is now available! Between the release of a “secret” list of underperforming nursing homes and multiple hearings on Capitol Hill, the skilled nursing industry has found itself under the regulatory and media microscope for most of 2019. And for the most part, Mark Parkinson thinks that’s a good […]
The Centers for Medicare & Medicaid Services (CMS) explicitly pointed to the potential for therapy fraud under its old rules while rolling out its updated payment structure for nursing homes — and the head of a leading trade group says that’s a slap in the face to the industry. Mark Parkinson, president and CEO of […]
Early reactions to the finalized skilled nursing payment rules from the Centers for Medicare & Medicaid Services (CMS) are in, with one leading provider group issuing a stark warning about the days ahead. “While the skilled nursing profession welcomes a new payment model, we are concerned with the language in this rule about the Patient-Driven […]
The Centers for Medicare & Medicaid Services (CMS) shook the skilled nursing world last week by rolling out a proposal for a new payment model, replacing the structure that the industry had been anticipating for a year. But several experts say that operators should look at the changes as positive updates made with providers in […]
Kentucky took a tentative step toward tort reform by implementing a medical review panel law last year, but its most recent attempt faces a significant uphill battle in a state that has seen major skilled nursing operators blame lawsuits for struggles in recent months. The goal of Senate Bill 2, sponsored by a group of […]
The most recent report from the Medicare Payment Advisory commission (MedPAC) claims that skilled nursing reimbursements are too high, but one leading trade group says MedPAC’s own numbers paint a much bleaker picture. Data in the report showed that the total margins for freestanding skilled nursing facilities were 0.7% in 2016, down from 1.6% in 2015. […]
Not allowing post-acute care (PAC) providers to take the lead in the Bundled Payments for Care Improvement Advanced (BPCI Advanced) program will hamstring the government’s ability to improve savings and care, several associations argued in a letter to the Center for Medicare and Medicaid Innovation (CMMI). LeadingAge and other prominent long-term care associations raised concerns about […]
Depending on whose earnings call you happened to catch this season, the predicted surge in demand for skilled nursing services is just around the corner — or it isn’t coming at all. At Omega Healthcare Investors (NYSE: OHI), management enlisted the services of two consulting firms to crunch the numbers on demographic trends over the […]
A landmark law in New York State could present additional challenges for skilled nursing providers, but major industry trade groups say that the potential benefits for residents could outweigh the staffing stress. Late last year, the Empire State passed a sweeping law that will require nurses to obtain Bachelor’s of Science in nursing degrees within […]
UPDATE: The Senate’s spending bill has passed both houses of Congress, and President Trump signed it into law Friday morning. Should the Senate’s attempt at passing a two-year budget succeed, skilled nursing operators could be in for another serious financial hit. “We are disappointed that the Senate budget proposal includes a $2 billion cut to […]
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