The skilled nursing sector has endured whiplash since the early days of the pandemic, with federal agencies at first supporting the sector only to call for vast reform several years later. Such a cycle is one owners and investors have seen before, and one not likely to break any time soon – but that doesn’t […]
Ignite Medical Resorts
Ignite Medical Resorts is continuing on its growth path through its most recent partnership with Thrive Personalized Medical Rehabilitation to manage daily operations at three of Thrive’s centers in Illinois. As of Sept. 1 Ignite will serve as the management provider for Thrive of Fox Valley, Thrive of Lisle and Thrive of Lake County. Ignite […]
The Centers for Medicare & Medicaid Services (CMS) went beyond what was expected in a positive way, nursing home operators say, with the SNF final rule allowing for the Patient-Driven Payment Model (PDPM) cut to be spread out over two years and a 2.7% pay bump for 2023. Wesley Rogers, president and CEO of Brickyard […]
As many in the nursing home sector pursue opportunities to add additional service lines to diversify their offerings, and potentially build new revenue streams, Ignite Medical Resorts has stuck to doing one thing well — and so far it’s paid off. The short-term rehabilitation and nursing care provider has turned the traditional post-acute experience on […]
The 43rd episode of our podcast, Rethink, is now available. Since Ignite Medical Resorts came on to the post-acute care scene in 2017, the central focus has been to do one thing really well. CEO Tim Fields’ goal is to be the best short-term rehab provider in the market. But that doesn’t mean Ignite has […]
There is no one way to fill the gap left behind by the more than 400,000 caregivers that have exited the industry since the start of the pandemic. Nursing homes have implemented a number of recruitment and retainment strategies over the past year to curb the worsening staffing crisis, but it may not be as […]
Proposed cuts to skilled nursing Medicare reimbursement add another layer of complexity for the skilled nursing industry as operators continue to face financial pressure. That holds true for one of the nation’s largest owners of skilled nursing facilities, LTC Properties (NYSE: LTC), as the company continues to deal with rent deferrals and abatements for its […]
While nursing home COVID-19 death rates have plummeted – with just 1,000 nursing home resident and staff deaths reported over the past four weeks – some health care experts don’t think the sector is out of the woods quite yet. Between February 20 and March 20, 1 out of every 80 nursing home residents were […]
Park Ridge, Ill.-based Ignite Medical Resorts is entering Texas for the first time as the operator of four skilled nursing facilities acquired by LTC Properties (NYSE: LTC) in a $52 million deal. “We’re looking for strategic growth that fits our vision. For this project, it was for facilities in four major metro areas, all close […]
When National Health Investors (NYSE: NHI) announced it had collected 82.7% of its rent for the month of November, none of its nursing home tenants were among the list of deferrals. That’s because, according to NHI leadership, the real estate investment trust (REIT) works with the “best-in-class operators” for its SNF portfolio. Out of 222 […]
The need to consider offering at-home services may be accelerating for nursing home operators as the Choose Home Care Act of 2021 was introduced in the House of Representatives on Friday. The bill was first introduced in July in the U.S. Senate by Sens. Debbie Stabenow (D-MI) and Todd Young (R-IN). A bipartisan effort, the […]
Of the two million patients admitted to nursing homes every year, an anticipated 35% could be diverted to home health care if the Choose Home Care Act of 2021 becomes law, according to Keith Myers, chairman and CEO of LHC Group. Myers, along with Visiting Nurse Health System CEO Dorothy Davis, spoke about the legislation […]
Roughly 94% of Medicare beneficiaries want to receive post-acute care in the home rather than a skilled nursing facility, according to results of a Morning Consult poll released today. The poll was conducted on behalf of the Partnership for Quality Home Healthcare (PQHH), along with the National Association for Home Care & Hospice (NAHC). That’s […]
As skilled nursing facilities see occupancy slowly tick upward from the lows of the COVID-19 pandemic, the topic of shifting post-acute residents into the home health space was kicked into a higher gear with members of Congress and President Biden himself weighing in on the conversation. And while the push to home care may be […]
Operators were left scratching their heads when the Biden administration “singled out” nursing home staff in its vaccine mandate, noting their residents are interacting with many more people — who don’t have such requirements — across the health care continuum. “Our residents go all over the place… 50% of our cases in the last month, […]
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 […]
Symphony Care Network, a Midwest operator with more than 30 properties throughout Illinois, Indiana, Wisconsin and Michigan, is expanding its mental health services to better address a patient population that is more complex and sicker post-COVID. The Chicago-based company formed a new geriatric mental health service — Serenata Geropsychiatric Care program — that helps identify […]
Ignite Medical Resorts, a short-term rehabilitation and nursing care provider that reimagines the traditional post-acute experience with “luxury resorts,” opened three new buildings during COVID-19 and has no plans of slowing down. The Illinois-based provider will look to build more respiratory programs and invest in in-house dialysis units coming out of COVID as it remains […]
One of the ways hospital systems across the U.S. tried to manage and maintain capacity during the pandemic was the suspension of so-called elective procedures – surgeries that could be reasonably delayed or did not create imminent danger for patients who put them off. One of the effects of this was to close off a […]
While occupancy numbers are enjoying a modest upward trend, skilled nursing operators face an uphill battle to strengthen long-term care metrics into the next year. And, staffing issues also loom large and are commanding attention from SNF operators. These were among the big topics under discussion at Tuesday’s Synergy Summit, where leaders with providers Marquis […]