Aid Bill Would Pause MFAR Medicaid Crackdown During COVID-19, Boost Federal Match by 14%

House Democrats on Tuesday introduced a major aid package with a provision that would indefinitely delay the implementation of a controversial rule that imperiled billions in Medicaid funding for skilled nursing facilities. The bill also would boost the Federal Medical Assistance Percentage (FMAP), or Washington’s share of state Medicaid rates, by 14% — up from […]

Skilled Nursing Operators See Disaster Ahead As CMS Takes Aim at Medicaid-Boosting Provider Taxes

The federal government has proposed a rule governing the use of Medicaid supplemental payments for nursing homes that could have drastic effects on the reimbursement they receive. But the ripples of the rule don’t stop there. They could also overhaul the taxes that providers pay in several states — taxes that in turn contribute to […]

Proposed Medicaid Rule Would Mean Billions in Cuts, Waves of Nursing Home Closures

With skilled nursing facilities in multiple states facing significant shortfalls in their Medicaid reimbursement, supplemental payment programs used to bolster rates have become a lifeline. This is especially true for Texas and Indiana, both of which employ programs designed to get SNFs a higher rate for Medicaid services through varying mechanisms. Both states are motivated […]

Dwight Capital’s Two-SNF Deal for $7.75M; Pointe Group Expands in Mass.

Dwight Capital pulled off a $7.75 million bridge loan for a pair of skilled nursing facilities in northwestern Tennessee: Douglas Health and Rehabilitation Center in Milan, Tenn. and Palmyra Health Care Center in Palmyra, Tenn. The two-SNF portfolio consists of 145 total units, with 73 skilled nursing beds at the Palmyra facility and a mixture […]

[Upcoming Webinar] New Medicaid Math — Thriving With Change

Date: Wednesday, May 22Time: 1:00 p.m. CDTRegister Now The new Medicare payment system for nursing homes may be grabbing all of the flashy headlines in the post-acute care world, but Medicaid remains the dominant payer for nursing home services nationwide. Persistent funding shortfalls have caused waves of closures in states across the country, and operators […]

$4.5M Skilled Nursing Expansion in Texas; SNF Construction Delay in Michigan

Texas SNF Plans $4.5M Expansion, Including Gym and Private Rooms Arbor Grace Skilled Nursing and Rehabilitation in Kilgore, Texas is planning a $4.5 million expansion that will add 15,000 square feet to its footprint, the Longview News-Journal reported. The project will include a 2,200-square-foot therapy gym and 20 private rooms, which will bring the total number of beds […]

Texas Assisted Living Facility Adds Skilled Nursing Beds with a Medicaid Focus

Simpson Place Assisted Living expanded its facility in Dallas, adding 50 skilled nursing beds and celebrating with a ribbon cutting last month.. It’s a move that could seem curious given declining skilled occupancy and Texas’ low Medicaid reimbursement rates, but Simpson Place operator StoneGate Senior Living “kind of bucks the trend” in terms of occupancy, according […]

In the Pipeline: South Dakota Gets First New SNF Since 1988

Construction: In progress Illinois Community to Offer Short-Term Rehab A forthcoming senior living and nursing facility in Huntley, Illinois, will offer short-term rehab when it opens in December. The 110-bed Alden Estates of Huntley is part of a $51 million project from Alden Realty Services, the Northwest Herald reported. The project will also have independent living, assisted living […]