Congestive heart failure impacts a large chunk of the nursing home population and is a particularly difficult condition to manage, often resulting in a high number of rehospitalizations. And yet while nursing home providers look to promising new solutions, the efforts to put them into widespread use are stymied by staffing problems. More than 6 […]
As the staffing crisis continues to challenge nursing home leaders across the sector, the hundreds of thousands of workers lost over the course of the pandemic may leave a bigger hole in the industry beyond the ability to fill shifts and accept new patients. Specifically, some executives worry about a dwindling number of future female […]
When Melissa Powell first joined Genesis HealthCare back in November, she likened it to the “Wild West.” The skilled nursing operator had more than 5,000 open positions, ranging from frontline staff to leadership level jobs. Genesis was also in the early stages of its shift toward a market-focused model as part of its ongoing restructuring […]
A $3.2 billion deal for DigitalBridge Group Inc.’s wellness infrastructure business is complete. DigitalBridge (NYSE: DBRG) originally announced the sale in September 2021 to an investment group composed of Highgate Capital Investments and Aurora Health Network. The portfolio included 83 skilled nursing facilities and other health care assets as of May 2021. The investment group […]
The COVID-19 pandemic continued to put pressure on an already strained skilled nursing industry in 2021. The next 12 months will be yet another test of resilience. Looking ahead to 2022, SNFs must stay nimble and inventive to not only survive but thrive. Private equity will continue to lead the nursing home transaction market pack, […]
Several recurring topics crept up while chronicling Skilled Nursing News’ most-read stories of the year – occupancy, staffing, acquisitions and the industry’s place in value-based care – among others. Of course, the COVID-19 vaccine rollout and subsequent mandate were top-of-mind the entire year as well. The Biden administration sought to boost lagging staff vaccine rates […]
Genesis HealthCare Inc. is making additional leadership changes as it simultaneously announces the move toward a “market-focused model” as part of the post-acute care company’s restructure during the COVID-19 pandemic. Chief Operating Officer Paul Bach, Chief Nursing Officer JoAnne Reifsnyder and Chief Financial Officer Tom DiVittorio have announced their plans to leave the company. Bach […]
With fewer hospital referrals coming in, and a sicker patient population post-COVID, some operators are finding ways to stand out by specializing in specific areas of medicine to help bring in higher acuity patients. As Martin Siefering, principal at architecture firm Perkins Eastman, put it, nursing homes have more beds than they need right now […]
A nursing home owner and operator in New York City will be required to open two new facilities as part of a settlement announced late last week. New York State attorney general Eric Schneiderman also slapped the Brooklyn-based Allure Group with $2 million in fines stemming from the company’s acquisition and subsequent sale of two […]
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