Margins squeezed by interest rates and inflation, staffing shortages amid a draconian staffing mandate proposal, an invasion of Medicare Advantage and mixed efforts at adapting to Minimum Data Set (MDS) changes are among a litany of the challenges facing the skilled nursing sector at the start of 2024. However, all is not doom and gloom […]
As the Covid-19 public health emergency officially ended in 2023, the nursing home sector continued to face lingering troubles across many facets of the business even if spread of disease – and death resulting from it – diminished as a concern. Chief among troubles that continued to plague nursing homes included workforce shortages and expansion […]
The nursing home business is in a contraction phase, with continued increased labor costs, revenue draining government initiatives including but not limited to the minimum staffing proposal, and managed care diverting patients away from the space. Operators must balance census and labor with innovative ideas to stay afloat, says Kent Rodgers, President and CEO of […]
In this episode, Skilled Nursing News speaks with Kent Rodgers, President and CEO of CarDon & Associates. Kent discusses CarDon’s 90% occupancy on average across its 19 buildings, all while acquiring a pharmacy and diving into the I-SNP world, and reaching an “equilibrium” between its labor retention and agency use.
The recently proposed federal nursing home staffing mandate includes the requirement that all facilities have a registered nurse on staff around the clock, every day of the week. Operators are taking some early steps to prepare for this requirement even as they rally against this aspect of the mandate, arguing that 24/7 RN staffing will […]
Kent Rodgers, president and CEO for CarDon & Associates, has seen some great challenges in his 17-year career at one of Indiana’s largest nursing home providers, but he’s also excited about being at the forefront of many transformations, some spurred by the Covid-19 pandemic. In fact, the pandemic was raging when he became the company’s […]
The labor shortage has meant that workers in nursing homes have had to juggle various roles and chip in on a range of tasks, so much so that some providers have begun hiring people for this ability to cross over. “I think everybody in the community has to wear several hats and help out where […]
Crown Healthcare Group Acquires Ohio SNF for $6.3M Crown Healthcare Group acquired the skilled nursing facility Villa Springfield in Springfield, Ohio from Covenant Care, The Springfield News-Sun reported. Crown, which according to founder Fred Friedman, is six months old, has acquired other facilities in southwest Ohio, including the Versailles Health Care Center in Versailles and […]
Housing & Healthcare Finance Closes on HUD Loan for Tryko Facility in PA The Washington, D.C.-based Housing & Healthcare Finance closed on a 232/223(f) Department of Housing and Urban Development (HUD) loan for New Eastwood Healthcare & Rehabilitation Center. The 97-bed skilled nursing facility in eastern Pennsylvania is owned by Tryko Partners, which acquired it in […]
NHI Purchases Texas SNF for $14.4M National Health Investors, Inc. (NYSE: NHI) acquired a a 121-bed skilled nursing facility (SNF) in Waxahachie, Texas for $14.4 million. The facility will be leased to an affiliate of The Ensign Group. It was added to the existing portfolio of 16 Ensign facilities across the state. CarDon & Associates Adds Lincoln Hills […]
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