A large influx of new patients expected in less than a decade means that nursing home operators must start thinking about bolstering infrastructure along with improving the workforce. And yet, nursing home loans are often the most difficult to obtain across the health care continuum. Knowing how community ties can help providers obtain capital, and […]
As the nursing home space faces a crossroads, with the pandemic exposing many flaws in the long-term care system and exacerbating existing workforce and funding constraints, leaders are calling for a reimagined skilled nursing facility. Notably, SNF executives are placing greater importance on community, along with customized, coordinated and person-centered care for more ideal – […]
The skilled nursing sector needs an overhaul in how facilities are paid – and how operators are allowed to allocate government dollars – in order to really live up to the term “nursing home.” That’s according to Harvard University professor David Grabowski, who — in referring to observations made by the late Robert Kane — […]
As the nursing home sector readies for regulatory and policy shifts to fix what has been referred to as a “broken system” in recent months, the Green House Project and Pioneer Network announced plans this week to enter into a formal alliance. The Green House Project and Pioneer Network hope to draw on their decades […]
Movement at the state and federal level has prompted an expedited shift to more private settings in nursing homes. While the trend isn’t entirely new for the industry, the push from government agencies to make it a compliance issue has garnered mixed reactions. The Biden administration called for reduced room crowding in nursing homes in […]
The Green House Project hopes to keep the small home model in the national spotlight in 2022, however, its focus may shift more to expanding in individual states. Though the model received some attention on the federal level last year with proposals for better funding in the Nursing Home Improvement and Accountability Act followed by […]
The $1.3 billion investment for resident-centered care included in the Nursing Home Improvement and Accountability Act serves as a clear signal that some lawmakers are willing to support nursing home alternatives coming out of the COVID-19 pandemic. But with high design costs and a greater demand on the staff that work there, converting the more […]
Six U.S. senators have introduced the Nursing Home Improvement and Accountability Act of 2021, which would require federal health agencies to closely examine the skilled nursing industry’s staffing requirements, along with bolstered funding to Medicaid. Sens. Ron Wyden (D-Ore.), Bob Casey (D-Penn.), Richard Blumenthal (D-Conn.), Michael Bennet (D-Colo.), Sheldon Whitehouse (D-R.I.), and Sherrod Brown (D-Ohio) […]
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 […]
Mid-Atlantic Health, Philly’s Largest SNF Operator, Exits The Timonium, Md.-based Mid-Atlantic Health Care made headlines last week when it exited the Philadelphia market, where it had previously been the largest provider of skilled nursing services. Now, the broker that helped negotiate the deal released a few extra details about the transaction. MIMA Healthcare of Lakewood, […]
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