Achieving financial stability and growth in the current reimbursement environment is no small task for nursing home providers. Three particular challenges relate to value-based purchasing (VBP) program changes, effects of the One Big Beautiful Bill Act (OBBBA) and the continued rise of Medicare Advantage, leaders with Ignite Medical Resorts and ArchCare said during a recent […]
After years of pandemic-driven focus away from dietary departments, dining is back in the spotlight – and impacting operations. Residents’ preference for in-room meals has created social and staffing challenges, while expectations for quality dining remain high, and this has resulted in some solutions that improve both clinical care and quality while reducing burdens for […]
Many skilled nursing providers across the United States have pivoted in recent years to diversify and build up other business lines. Santa Ana, California-based Generations Healthcare has been one such company, focusing on behavioral health – but with a newly opened SNF, the organization is returning to its roots in a familiar market. The new […]
ExaCare AI, which creates technology to automate operations in post-acute care facilities, has raised $30 million in Series A funding to enhance its AI platform for skilled nursing and home care. Used in over 1,500 facilities – including National Health Care Associates, Journey Skilled Nursing, Monarch Healthcare Management, Majestic Care, and Ignite Medical Resorts – […]
By Kristin Carroll Ignite Medical Resorts is bucking industry trends by bringing newly constructed skilled nursing facilities (SNFs) to market. The organization recently opened a newly constructed SNF in St. Peters, Missouri, and is set to open another new facility in Batavia, Illinois, on Sept. 18. The Batavia location brings Ignite to 28 locations across […]
Dylan Rogers, Vice President of Operations – KS/MO at Ignite Medical Resorts, has been named a 2025 Future Leader by Skilled Nursing News. To become a Future Leader, an individual is nominated by their peers. The candidate must be a high-performing employee who is 40 years of age or younger, a passionate worker who knows […]
Ignite Medical Resorts is entering the second half of 2025 eager for regulatory reform, but it has been able to overcome burdens stemming from managed care so far by envisioning it as a “core competency” alongside a strong focus on tech innovation. The company is also forging ahead with plans to grow its physical footprint […]
Changing regulations and payment models, along with evolving resident preferences and acuity are pushing skilled nursing operators to grow and diversify therapy services in-house or with a partner. Outsourced therapy providers, in particular, have shifted their business model to focus more on clinical specializations and value-added services rather than volume. For providers of in-house therapy, […]
For organizations hoping to draw out savings from value-based care, added administrative burdens might be a source of hesitation. However, some operators are successfully turning to technology offerings that maximize reimbursement, pinpoint essential data, and include platforms already used by referral partners and managed care organizations (MAOs). AI programs can help “tease out” some of […]
The future of value-based care programs will likely focus on greater integration of care, as nursing homes and other providers in the health care continuum discover the benefits of more thoughtful discharges – less focused on swiftness and more on moving patients through a continuum of care – in order to close costly gaps in […]
Coronado Ridge Skilled Nursing and Rehabilitation Center, based in Nevada, was sold for $33M, while Forest Healthcare Properties brokered three separate portfolio sales involving a total of 20 facilities in Kentucky and Ohio. $33 million sale of Nevada Nursing Home JLL Capital Markets completed the $33 million sale of Coronado Ridge Skilled Nursing and Rehabilitation Center, […]
While 2025 remains a bit uncertain due to the federal staffing mandate and a new White House administration, leaders in the nursing home industry plan to continue working toward improving quality of care, addressing workforce challenges and advocating for fair regulation and reimbursements. Clif Porter, president and CEO of the American Health Care Association/National Center […]
Capital Funding Group (CFG) closed on a $132.24 million bridge loan to support refinancing of four skilled nursing facilities in Virginia, while MonticelloAM closed $87 million in financing for a Florida-based SNF portfolio. CFG Closes $132.24M in refinancing for 4 SNFs Capital Funding Group (CFG) announced the closing of a $132.24 million bridge loan, on […]
Jared Carr, senior vice president of operations, north region, at Ignite Medical Resorts, has been named a 2024 Future Leader by Skilled Nursing News. To become a Future Leader, an individual is nominated by their peers. The candidate must be a high-performing employee who is 40-years-old or younger, a passionate worker who knows how to […]
Growth strategies for nursing homes can vary greatly, depending on nonprofit versus for-profit status and especially the geographic market in which an operator is currently operating. But growth and innovation – no matter the sector or region – require risk and a lot of vision to properly execute. Providers will have to reimagine a grander […]
Challenges stemming from gaps in medical data along the health care continuum and a lack of seamless sharing of crucial information between nursing homes and other entities have grave consequences, especially given the more serious patient acuity levels being discharged to post-acute care facilities. And yet, this is an issue that has failed to garner […]
Evans Senior Investments (ESI) has arranged the sale of Holmes Lake Rehabilitation and Care Center, a nursing home in Lincoln, Nebraska for an undisclosed amount. The transaction was executed on behalf of an independent owner-operator who was ready to transition out of the industry after years of service in the community, ESI said in a […]
Specialized clinical programs at nursing homes, tailored to specific patient populations, are gaining popularity. Their success and longevity depend on forging close partnerships with local hospitals to address gaps in care – a feature that is also expected to alleviate backlogs at hospitals. In creating strong clinical programs at SNFs, hospitals – can and do […]
Reimbursement issues at nursing homes are pushing operators to adapt their payment models to increase reliance on Institutional Special Needs Plans (I-SNPs) and Accountable Care Organizations (ACOs). But while these models aim to enhance care quality even as they control costs, they also bring on unique challenges, including requiring extra oversight with discharges and related […]
National HealthCare Corporation (NYSE: NHC) plans to acquire the White Oak Senior Living portfolio, with facilities across North and South Carolina. White Oak consists of six skilled nursing facilities in North Carolina, three of which are continuing care retirement centers, and including one leased facility. In South Carolina, the portfolio consists of nine skilled nursing […]
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