Aldersbridge CEO: Tone Deaf Policy, MA Giants Have Backed Nursing Homes into a Corner

As inadequate funding squeezes nursing homes dry, with Medicare Advantage reimbursing lower than traditional Medicare, and Medicaid funding decades behind on meeting cost of care, facilities are shifting operations to optimize reimbursement. But even that may not be enough. Richard Gamache, CEO of Aldersbridge Communities in Rhode Island, has had to make such operating decisions […]

Low Medicaid, Higher Acuity Behind 6 Nursing Home Closures, 100-Plus Resident Relocations in RI

The threat of closure is ever present for nursing home operators, with low Medicaid reimbursements and workforce shortages amid a growing population of higher acuity patients complicating care. Since the start of the pandemic, six nursing homes in Rhode Island have closed their doors, forcing the relocation of more than 100 residents, Gov. Dan McKee […]

‘Heartwarming and Heartbreaking’: What Linn Health’s Nursing Home Restructuring Says About State of Sector

Recent nursing home restructurings have often involved additions of other segments of the care continuum. The example of Linn Health & Rehabilitation bears this out. The Rhode Island-based provider of skilled nursing, therapy services and long-term care has opted to shift its operating structure, adding assisted living and memory care, after suffering enormous financial losses […]