Several recurring topics crept up while chronicling Skilled Nursing News’ most-read stories of the year – occupancy, staffing, acquisitions and the industry’s place in value-based care – among others. Of course, the COVID-19 vaccine rollout and subsequent mandate were top-of-mind the entire year as well. The Biden administration sought to boost lagging staff vaccine rates […]
Genesis HealthCare’s most recent move to shift toward a market-focused model has some in the industry wondering if the post-acute care company is attempting to follow in the footsteps of another major player in the skilled nursing space. Late last week Kennett Square, Pa.-based Genesis announced the departures of their Chief Operating Officer Paul Bach, […]
Genesis HealthCare Inc. is making additional leadership changes as it simultaneously announces the move toward a “market-focused model” as part of the post-acute care company’s restructure during the COVID-19 pandemic. Chief Operating Officer Paul Bach, Chief Nursing Officer JoAnne Reifsnyder and Chief Financial Officer Tom DiVittorio have announced their plans to leave the company. Bach […]
Recent collaboration between Signature HealthCARE and Genesis HealthCare during the COVID-19 pandemic revealed that industry leaders should look to establish formal networks and build on pre-existing programs to facilitate and encourage collaboration across organizations. The need for interprofessional collaborations across organizations is not new but has only intensified since the pandemic and the collaboration between […]
Genesis HealthCare Inc. is yet again on the hunt for a new leader less than eight months after current CEO Harry Wilson was named to head the organization as the post-acute care company continues its restructure during the COVID-19 pandemic. Wilson and his consulting firm, the MAEVA Group, were brought on in March to develop […]
The relationship between hospital systems and skilled nursing facilities was shaken by a reactionary attitude at the beginning of the pandemic, where a lot of “missteps” were taken out of a need to protect one’s own patients, Signature HealthCARE chief medical officer Dr. Arif Nazir said. Now that relationship is a whole lot more collaborative, […]
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 […]
Kennett Square, Pa.-based Genesis HealthCare on Monday announced it has vaccinated all of its staff, barring those with medical or religious exemptions. While Genesis said it met the first deadline under its COVID-19 inoculation policy announced earlier this month, it did not reveal how many employees were terminated as part of its mandate. “While we […]
Following the Biden administration’s announcement that all nursing home staff must be vaccinated against COVID-19 or risk losing Medicare and Medicaid funding, operators and senior living organization leaders fear singling out one group of health care workers will only exacerbate a continued staffing crisis. Some state mandates, on the other hand, call on all health […]
Genesis HealthCare this week agreed to a settlement surrounding denied admissions for prospective residents prescribed medication to treat opioid use disorder (OUD). Nine Genesis skilled nursing facilities (SNFs) across Rhode Island and Massachusetts were accused of violating the Americans with Disabilities Act (ADA), Rehabilitation Act and Patient Protection and Affordable Care Act when they allegedly […]
Although accountable care organizations (ACOs) have never been particularly popular among skilled nursing facilities, timing may be ripe to take on more risk to stay competitive in the market. ACO participation may help operators maintain referrals when so many potential residents are being diverted to home health care, hospice and other tracks along the continuum […]
Massachusetts Gov. Charlie Baker ordered on Wednesday that all long-term care staff in the state must be vaccinated by Oct. 10. Massachusetts appears to be the first state to issue a COVID-19 vaccine mandate for nursing facility workers, according to the state’s long-term care association. The order received immediate praise from the state’s health care […]
Genesis HealthCare has implemented a “universal” COVID-19 vaccination requirement for its employees, care partners and onsite vendors, the post-acute care provider announced Tuesday. The policy requires that individuals have a single dose of the Janssen vaccine or the first dose of a two-dose mRNA vaccine by Aug. 23. The second dose, if applicable, would be […]
Despite low occupancy rates and uncertainty around federal funding, experts say the market for nursing homes has not slowed, as buyers want to get in on the frenzy and are willing to pay near stabilized rates to do so. Some, like Symphony Care Network, with a portfolio that totals more than 30 properties throughout Illinois, […]
The nursing home industry has been through the wringer over the past 24 months, first with the implementation of a new Medicare payment model, the Patient-Driven Payment Model (PDPM), and then the COVID-19 pandemic. Coming out of the pandemic, operators across the country need to start thinking about their future in the post-acute care continuum. […]
Sabra Health Care REIT CEO Rick Matros was one of the few executives willing to take a stab at predicting the recovery of skilled nursing occupancy in the first quarter of 2021, with a projection that the numbers would return to normal in the first quarter of next year. Six months into 2021, he reiterated […]
Formation Capital has a new CEO and is embarking on an investment strategy focused on creating new models of senior living and services. Atlanta-based Formation has been a prolific investor in the senior housing and care sector since its founding in 1999. As of last year, when long-time CEO Brian Beckwith departed, the firm was […]
Welltower Inc. (NYSE: WELL) on Thursday again touted the benefits of a blockbuster move to largely end its relationship with troubled nursing home giant Genesis HealthCare, hinting at an even greater return for the real estate investment trust (REIT) than previously disclosed. Welltower CEO Shankh Mitra pointed to the $144,000-per-bed price tag on the transaction, […]
With skilled nursing facilities facing significant staffing shortages amid the ongoing fallout of the COVID-19 pandemic, a group of lawmakers and operators called for making it easier to retain temporary nurse aides hired during the public health emergency — with one major operator reporting 1,500 unfilled jobs in the state of Pennsylvania. Luke Pile, vice […]
A international group of 95 investment firms with holdings in post-acute and long-term care companies on Thursday called on the industry to bolster care and raise wages for frontline caregivers in the wake of the COVID-19 pandemic. “As the sector recovers, and we reflect upon the damage to our societies and the loss of human […]
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