Tackling rising acuity for Majestic Care goes beyond beefing up clinical teams amid a shortage of specialized roles. The Indiana-based provider has been responding to sicker patients in the nursing home space across local and regional settings, fine-tuning the provision of specialty services based on geography. High levels of support for clinical teams from the […]
Majestic Care
In this episode, Skilled Nursing News speaks with Dr. Robert Russell, Chief Medical Officer for Majestic Care. Russell touched on survey changes set to take effect, shared his thoughts on the legal decision concerning the federal staffing mandate, and shared why he thinks embracing technology is key to meeting an evolving clinical landscape. Tune in now!
Two California nursing homes were sold for $40.5 million in bridge financing to Kalesta Healthcare Group, aided by Greystone. Meanwhile, Dwight Capital provided bridge loan financing for three skilled nursing facilities in Rhode Island. Dwight Financed $364M-Plus in March Dwight Capital and its affiliate REIT Dwight Mortgage Trust closed on more than $364 million in […]
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, […]
Indiana-based Majestic Care added six properties in Ohio to its portfolio. Meanwhile, Ensign announced its part in a recent acquisition of Alabama and Tennessee properties formerly operated by American Health Communities and Rehab America. Majestic Care Adds Six Nursing Homes in Ohio Indiana-based Majestic Management added six long-term care facilities to its portfolio effective Dec. […]
Frontline staffing has gotten a bit easier for nursing home providers, with a stronger influx of job candidates. But competition in the sector is so strong that a new hire might leave for a better opportunity before long. With this as the backdrop, onboarding has become a particularly crucial time for operators to implement retention […]
Recently established Journey Healthcare, led by industry veteran and former CEO of Majestic Care Bernie McGuinness, announced the acquisition of four skilled nursing facilities, representing a significant milestone in the company’s growth. Three of the properties are located in West Virginia, and the fourth is in Maryland, bringing Journey’s footprint to 11 communities across four […]
Bernie McGuinness has spent three decades in the nursing home industry, rising from a certified nurse aide (CNA) to reach the pinnacle as former CEO of Majestic Care. But the road for McGuinness has hardly ended there. Now, he is venturing into ownership with Journey Skilled Nursing. McGuinness, president and CEO of Journey, sat down […]
As the Covid-19 public health emergency officially ended in 2023, the nursing home sector continued to face lingering troubles across many facets of the business even if spread of disease – and death resulting from it – diminished as a concern. Chief among troubles that continued to plague nursing homes included workforce shortages and expansion […]
10% Cost Increases on a Zero Margin: SNF Providers Rely on Efficiency, Flexibility Amid Labor Crisis
“There are things that I know my colleagues here do that we would not have considered a year ago, two years ago, three years ago. We have to be flexible if we’re going to retain staff and bring them into our organizations.” These are the words of Stuart Almer, president and CEO of Gurwin Healthcare […]
As the skilled nursing sector awaits the proposed federal staffing mandate, leading industry operators renewed calls for funding the initiative, and said the Centers for Medicare & Medicaid Services (CMS) should carry it out in phases while also adjusting staffing ratios based on the acuity of the resident populations being served. Speaking at Skilled Nursing […]
At a meeting with five other Indiana-based CEOs, newly appointed CEO of Majestic Care Dr. Paul Pruitt promised his organization would surpass theirs in terms of quality and metrics. “We all laughed,” he said. “But that is the goal. And I think you need to set lofty goals and strive for them to get to […]
Indiana-based nursing home operator Majestic Care on Thursday announced the resignation of its CEO Bernie McGuinness. Paul D.Pruitt will join the Majestic team as CEO in June. McGuinness, co-founder of Majestic and CEO for five years, will finish out through the end of the month before pursuing new opportunities this summer. Pruitt joins Majestic Care […]
The labor shortage has meant that workers in nursing homes have had to juggle various roles and chip in on a range of tasks, so much so that some providers have begun hiring people for this ability to cross over. “I think everybody in the community has to wear several hats and help out where […]
The process of hiring immigrant workers for the nursing home industry – from start to finish – looks like a grueling task for operators, but leaders in the industry say it’s the closest to a ‘silver bullet’ we have to meeting the staffing crisis. Such a long-term investment is marred by glacial immigration processes, and […]
Is there a job in skilled nursing that can be likened to a Grandmaster chess player? According to Scott Erwin, workforce planning specialist at Reverence, it’s the role of the scheduler. At Reverence, Erwin oversees the development of artificial intelligence and advanced technology that takes some of the burden off of schedulers, and so he […]
Bernie McGuinness, CEO of Majestic Care, always knew that he wanted a rewarding career where he could work with people and make a tangible impact. His pursuit of such a career led him from being a certified nursing assistant (CNA) to the CEO of a nursing home company that he co-founded. Majestic Care now has […]
As nursing home operators continue to tackle the host of issues that have challenged them throughout 2022, many have set their sights on what’s in store for the year ahead. Industry-wide staffing shortages, an ever changing regulatory environment and record inflation will likely remain pain points for the sector heading into the new year, but […]
Subscribe
Receive industry updates and breaking news from SNN.