State staffing minimum laws are colliding with spiking agency costs, with some facilities forced to continue or increase the use of expensive temporary staff to meet state requirements. The dissonance is especially felt in states like New York, which has the largest Medicaid reimbursement shortfall in the nation, according to Stephen Hanse, president and CEO […]
For-profit nursing home owners such as private equity firms and real estate investment trusts are under fire from the federal government — but current trends suggest that not-for-profit ownership alone is not a viable alternative to meet the needs of the United States’ aging population. Freestanding senior housing and care not-for-profits (NFPs) are closing altogether, […]
More than one-third of nursing homes in the U.S. could be at financial risk if the Centers for Medicare & Medicaid Services stands by its proposed funding cut and federal Medicaid dollars tied to the public health emergency end in 2022. That’s according to a report released on Thursday by the American Health Care Association/National […]
Nearly two weeks after the Centers for Medicare & Medicaid Services (CMS) announced a 4.6% cut related to the Patient-Driven Payment Model, Administrator Chiquita Brooks-LaSure doubled down on the timing of such cuts for the industry, saying the agency’s hands are effectively tied. “I would say that we have statutory obligations, and that there are […]
The federal government on Monday proposed its payment rate update to nursing home reimbursements for fiscal 2023, which includes a 4.6% cut related to the Patient-Driven Payment Model. That cut from the Centers for Medicare & Medicaid Services (CMS) amounts to a total loss of $320 million, according to the agency. CMS – in its […]
A noted rise in elective surgeries for seniors, perhaps to pre-Covid levels, may not translate into a bump in skilled nursing occupancy. Roughly 44% of physicians estimate that there will be more elective surgeries in Q2 compared to Q1 – but 60% of those surveyed said they expected skilled nursing discharges to be similar to […]
In light of steadily increasing vaccination rates for nursing home staff and residents, and overall improvement to outbreaks in the space, the Centers for Medicare & Medicaid Services (CMS) on Thursday said it is phasing out some of the temporary waivers linked to COVID-19 and the public health emergency (PHE). Among those is the temporary […]
Direct care workers were the latest to meet with federal agencies, following the unveiling of Biden’s nursing home package. Ownership accountability, adequate staffing hours and higher pay are among the main asks of nursing home staff that have stayed on through the pandemic. Centers for Medicare & Medicaid Services (CMS) Administrator Chiquita Brooks-LaSure stressed the […]
Skilled nursing providers are looking for ways to get ahead as the long-term care industry increasingly moves toward a value-based payment world. Operators who have taken the leap to create their own in-house insurance plans are starting to see the move pay off in a big way, both on the clinical and financial side of […]
As the Centers for Medicare & Medicaid Services unveils its proposed payment rules for the coming fiscal year, some in the industry feel that what has already been issued for inpatient rehabilitation facilities (IRFs), inpatient psychiatric facilities (IPFs) and hospice providers does not “bode well” for the skilled nursing industry. A Mizuho Securities analyst note […]
Nursing homes across the state of New York must now abide by a new law that requires facilities to meet minimum staffing levels after Gov. Kathy Hochul lifted a three-month pause on Friday. Hochul originally delayed implementation of the mandates, citing the industry’s staffing challenges made worse by the omicron variant. The law requires the […]
As state and federal policymakers clamor to set nursing home minimum staffing standards – most recently in the Biden administration’s expansive reform proposals – leaders in the space are asking a pointed question: Why now? The industry has already lost nearly 238,000 caregivers in the last two years – an issue that has only been […]
A Republican senator is calling on the Justice Department to open an investigation into the “egregious and flagrant conditions” at the Woodland Behavioral and Nursing Center, a nursing home that has made national headlines amid the COVID-19 pandemic. U.S. Sen. Chuck Grassley of Iowa penned a letter to Attorney General Merrick Garland on Wednesday, urging […]
CareTrust REIT (Nasdaq: CTRE) has a new CEO and is embarking on what leadership is calling a pivotal year as the company takes steps to mitigate the risk in its portfolio and pursue new avenues, while remaining active in its core business markets. It’s been a busy few months for new CEO David Sedgwick. The […]
The former head of the Centers for Medicare & Medicaid Services this week expressed disappointment in the Biden administration’s nursing home policy proposals, calling the measures “short-sighted” and “outdated policy prescriptions.” In an op-ed published Monday in Modern Healthcare, Seema Verma called on the White House to instead take a more results-oriented approach instead of […]
Brookdale Senior Living (NYSE: BKD) will pay $3.25 million to settle allegations that it submitted false nursing home staffing data to the federal government and improperly handled resident discharges, the California Attorney General’s Office announced late last week. The settlement agreement comes one year after then-California attorney general Xavier Becerra filed a lawsuit against Tenn.-based […]
Skilled nursing workers are in the midst of a mass exodus from the profession, and not even unprecedented wage increases can compensate for the concerns of the 238,000 caregivers who have left the industry since the start of the COVID-19 pandemic. The combination of workload, environment, culture and the physical and emotional strain exacerbated an […]
The American Health Care Association and the National Center for Assisted Living (AHCA/NCAL) has asked for meetings with members of the Biden administration one week after the White House unveiled its sweeping nursing home reform proposal. The reforms, developed by the Department of Health and Human Services (HHS) through its Centers for Medicare & Medicaid […]
The U.S. Senate this week voted to overturn President Biden’s health care workforce vaccine mandate in a 49 to 44 vote along party lines. It was a vote that was considered largely symbolic through a measure called the Congressional Review Act, according to a New York Times report. Six Democratic senators missed the vote. The […]
As the nursing home industry tried to digest a sweeping set of industry reforms proposed by the Biden administration on Monday, a Capitol Hill lawmaker got in on the action by proposing a bill to force private equity firms to disclose their ownership in facilities. Amid all these developments, one thing has become evident: the […]
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