Activity coordinators in the skilled nursing space have had to get infinitely more creative in the face of pandemic precautions – and residents’ resulting depression and anxiety borne from isolation. People who fill the role must be “dynamic” in creating and executing resident programming and have the bandwidth to do more customized programs, according to […]
As the Biden administration continues down its path toward comprehensive nursing home reform, owners and investors in the space have kept a close ear to the ground when it comes to federal leaders’ increasingly loud opposition toward certain for-profit models — perhaps for good reason. Congresswoman Jan Schakowsky of Illinois and Congressman Mark Takano of […]
Current immigration policies are creating unnecessary roadblocks that hinder the recovery and potential growth of the nursing home industry’s workforce by “leaps and bounds.” And the situation has only become increasingly more dire as the sector faces a labor shortage at levels not seen in the last three decades. The ability to bring over international […]
Licensed practical nurses (LPNs) want to take on more leadership responsibilities – and operators want them to be in such positions – as the pandemic, coupled with the Patient-Driven Payment Model (PDPM) and staffing crisis, force employers to rethink paths to promotion. The LPN wasn’t always the first choice for leadership positions, according to Catherine […]
PruittHealth continues on its track toward growth, particularly in urban markets, but its CEO Neil Pruitt says the federal government needs to put more resources toward rural markets for operators. The Norcross, Georgia-based operator has set its sights on expanding into contiguous markets while deepening its presence in certain states – Tennessee is next on […]
As operating costs remain high and staffing shortages persist, nursing homes across the country, particularly those situated in small markets, are closing their doors in response. Staff, as a result, are then left with the decision to relocate to another facility perhaps many miles away, or leave the industry altogether. Seven nursing homes in the […]
As nursing home operators scramble to recruit direct care workers during a historic staffing shortage, many in the sector believe there is one obvious solution that has yet to gain meaningful traction, in part due to legislative gridlock: immigration. Meanwhile, the Centers for Medicare & Medicaid Services (CMS) has honed in on minimum staffing ratios, […]
The skilled nursing industry is staring down a triple threat. Providers are being challenged operationally, clinically and financially — at least in part due to rising labor and care costs, among other factors. Not-for-profit senior care giant Evangelical Lutheran Good Samaritan Society has had to close or sell nine facilities in just the last eight […]
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, […]
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 […]
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 […]
The Evangelical Lutheran Good Samaritan Society kicked off the New Year with a familiar face as Nathan Schema took the helm as the company’s top executive. Schema assumed the role on Jan. 1 following CEO Randy Bury’s retirement announcement effective Dec. 31. His career in long-term care began 15 years ago when he joined Good […]
The Evangelical Lutheran Good Samaritan Society on Wednesday announced its new president and CEO: Nathan Schema. Schema will assume the role on Jan. 1, as the non-profit giant enters its 100th year as an organization. Good Sam’s current president and CEO Randy Bury will retire effective Dec. 31, the Sioux Falls, S.D.-based operator said in […]
The Centers for Medicare & Medicaid Services (CMS) is in the “rulemaking” stage of its development of a federal vaccine mandate for all health care workers employed by Medicare or Medicaid funded facilities, according to a CMS official. Dr. Lee Fleisher, CMS’ chief medical officer and director of the Center for Clinical Standards and Quality […]
As skilled nursing facilities work to establish their position in an increasingly value-based health landscape, many are looking at the world of Medicare Advantage as more than a pressure point for billing. They see it as an opportunity to take control of the premium dollar, moving into the business of providing insurance for their patients. […]
The Evangelical Lutheran Good Samaritan Society continues to strategically trim its post-acute portfolio, selling off a trio of skilled nursing campuses along the Illinois-Iowa border. The three properties had a total of 214 skilled nursing beds and 65 independent and senior living apartments, according to Blueprint Healthcare Real Estate Advisors — which brokered the deal […]
CareTrust REIT (Nasdaq: CTRE) expanded its existing relationship with operator Cascadia Healthcare with the $12.8 million purchase of a transitional care facility in Nampa, Idaho. Cascadia of Nampa, a 99-bed facility one block away from the Saint Alphonsus Medical Center, became the 12th building from the Eagle, Idaho-based operator to enter the CareTrust portfolio. “We […]
The Evangelical Lutheran Good Samaritan Society has sold a pair of skilled nursing facilities to for-profit industry leader The Ensign Group (Nasdaq: ENSG), Skilled Nursing News has learned, marking the latest in a series of recent dispositions by the non-profit provider. The two properties in Mesa and Peoria, Ariz., branded as Good Shepherd, will be […]
Summit Healthcare REIT, Inc. acquired an interest in 14 skilled nursing and assisted living facilities in Indiana for $125 million, with plans to lease them back to the seller on a triple-net basis. The acquisition, announced Wednesday, was made through a newly formed joint venture among a wholly-owned subsidiary of Summit, a real estate holding […]
Capital Funding closed a $12.3 million refinance loan for a 105-bed skilled nursing facility in Baltimore through the Department of Housing and Urban Development’s (HUD) 223(f) program. The borrowers will use the proceeds in part to pay off debt on two other properties in their portfolio of SNFs, according to the Baltimore-based Capital Funding. The […]
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