PruittHealth last week announced that all 91 of its skilled nursing facilities in the Southeast region will be required to undergo Joint Commission Nursing Care Center Accreditation, with the facilities in Georgia slated to go first. The SNFs will be required to undergo accreditation to achieve the Gold Seal of Approval; accreditation from the Joint […]
PruittHealth
The clinical effects of COVID-19 on the skilled nursing world have been apparent since the start of pandemic, and roughly a year into the public health emergency in the U.S., firm data about the financial health of the space is emerging — particularly as stimulus funding for providers remains uncertain. For the Georgia-based operator PruittHealth, […]
PruittHealth, a major nursing home operator across the Southeast, took a $137.2 million revenue hit during the COVID-plagued year of 2020 — but saw a significant increase in demand for home health services. That income loss includes the operator’s skilled nursing, therapy, pharmacy, and hospice business lines, according to a new report released this week, […]
The Ensign Group (Nasdaq: ENSG) acquired the operations of the 150-bed San Pedro Manor, a skilled nursing facility in San Antonio, Texas. The acquisition was effective February 1, and will be part of a long-term, triple-net lease. The transaction brings Ensign’s portfolio to 232 health care operations, 24 of which also include assisted living, across […]
As the calendar turns, the post-acute and long-term health care space looks to apply the punishing lessons learned during the pandemic year of 2020. Every January, SNN rings in the new year by asking top executives from all areas of the landscape — from operators to real estate investors to therapy partners — for their […]
The final report from the Coronavirus Commission for Safety and Quality in Nursing Homes contained plenty of ideas on how to keep residents and staff safer should COVID-19 resurge or if another pandemic hits the United States. While some of the onus falls on the federal government, nursing home operators must also raise the bar […]
The 33rd episode of our podcast, Rethink, is now available! The institutional special needs plan model was one of the hottest topics of conversation in the skilled nursing world – of course, prior to the COVID-19 pandemic. But for PruittHealth, its role as a Medicare Advantage provider gave it a unique position in its role […]
The COVID-19 pandemic has highlighted the importance of medical care and infection control at skilled nursing facilities with an unrelenting spotlight, but one operator believes that its role as an insurance provider has given it a leg up in dealing with some of the challenges — and in thinking about the future. The Norcross, Ga.-based […]
The 25 members of a federal commission tasked with analyzing nursing home safety in the wake of COVID-19 were announced Friday, with leaders from operators PruittHealth, Signature HealthCARE, and CareRite among the selected stakeholders. Initially announced by President Trump at the end of April, the Coronavirus Commission for Safety and Quality in Nursing Homes will […]
Major skilled nursing operator PruittHealth last week announced that it was entering a partnership with a coalition of providers to expand COVID-19 testing at its facilities across Florida, Georgia, and North and South Carolina. The partnership was about a month in the making — and it highlights the difficult timeline SNF operators have faced as […]
The shortage of personal protective equipment (PPE) in the skilled nursing setting has led to donation drives, workers making their own equipment from fabric and trash bags, and increasingly desperate searches for supplies on the part of providers as they try to cope with the COVID-19 national emergency. The search for supplies can get particularly […]
A note to our readers: As the coronavirus crisis continues to unfold, SNN will bring you the information that you need in one easy-to-access place. The weeks ahead will bring challenges both macro and micro, with potentially sweeping federal action needed to “bend the curve” and maintain our health care system’s ability to function — […]
PruittHealth spent 2019 celebrating its 50th anniversary in the post-acute and long-term care space, but second-generation CEO Neil Pruitt, Jr. says his company — along with the rest of the industry — must focus on novel and creative strategies for surviving into the future. Pruitt sees potential in a variety of forward-thinking initiatives, from the […]
Genesis Opens Short-Term Rehab Center in Exton, Pennsylvania Genesis Healthcare (NYSE: GEN) opened its 12th PowerBack Rehabilitation location in Exton, Penn., The Daily Local News reported. The 85,000 square-foot Exton center includes a rehabilitation gym and 120 private suites. It is expected to employ approximately 300 people, according to the publication. The PowerBack Rehabilitation service […]
In an era of record-low skilled nursing occupancy and rapidly shifting payment models, some operators have found a single solution to both problems: an in-house insurance plan. Skilled nursing providers can create their own institutional special needs plans (I-SNPs), a type of Medicare Advantage program specifically designed to cover beneficiaries who are confined to an institution […]
As the floodwaters left by two major hurricanes recede in Texas and Florida, skilled nursing operators across the U.S. are battening down the hatches before the emergency preparedness rule from the Centers for Medicare & Medicaid Services (CMS) hits in November. And although the end goal is clear, the total costs aren’t always so easy […]
Capital One Provides $16.3 Million Loan to Refinance PruittHealth SNF Portfolio Capital One announced that it provided a $16.3 million loan to PruittHealth to refinance a portfolio of three skilled nursing facilities (SNFs) and an intermediate care facility for individuals with developmental disabilities (ICF-MR) in Georgia, as well as a SNF in North Carolina. Four […]
A storm has been brewing on the horizon for some time now. As a new emergency preparedness rule from the Centers for Medicare & Medicaid Services (CMS) approaches, skilled nursing providers are trying to make sure they’re protected from the flood of new regulations. Under the rule, which was first introduced in 2013 and finalized […]
Large skilled nursing providers across the country are increasingly selling private insurance plans to their residents, and it appears to be paying off for at least one of them. Among them are Erickson Living and Signature Healthcare, two of the country’s biggest providers of skilled nursing services. Both Erickson and Signature offer private Medicare Advantage […]
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