Editor’s Take: Multiple CEOs (Probably) Can’t Be Wrong on PDPM

When covering any industry that operates under heavy government scrutiny, hearing one CEO praise a new set of regulations is a surprise. Hearing near-unanimous support is frankly shocking. But that’s where the skilled nursing industry finds itself with the Patient-Driven Payment Model, the latest overhaul of the way SNFs receive reimbursements from Medicare. On its […]

Inside the Key Metrics Skilled Nursing Buyers Should Track Before Investing

Big-picture concerns about the skilled nursing industry haven’t slowed down transaction volume in the space, with nursing homes accounting for 55% of all deals in a second quarter that saw $6.3 billion in senior housing and care investments. The major real estate investment trusts (REITs) certainly played a role in that strong quarter, with multiple […]

PDPM Success Rests on Taking Credit for Existing Skilled Nursing Services

As skilled nursing operators scramble to adapt to a new Medicare reimbursement model ahead of its implementation next fall, the secret to success could lie in taking credit for the services most SNFs already provide. At Zimmet Healthcare Services Group’s annual conference in Atlantic City, N.J. last week, multiple speakers emphasized the importance of identifying […]

Skilled Nursing Stuck in Awkward Middle Between Old and New Payment Models

Narrowing networks of referral providers have been a top concern for skilled nursing facilities over the last two years, with industry leaders preaching the importance of improving certain metrics in order to impress hospitals and home health agencies. Under models such as Bundled Payments for Care Improvement (BPCI) and other shared-savings plans, the thinking goes, […]

Uncertainty Surrounds New ‘Arbitrary’ Skilled Nursing Payment Rules

Early reactions to the finalized skilled nursing payment rules from the Centers for Medicare & Medicaid Services (CMS) are in, with one leading provider group issuing a stark warning about the days ahead. “While the skilled nursing profession welcomes a new payment model, we are concerned with the language in this rule about the Patient-Driven […]

When Considering a Specialty, Providers Need to Think Big and Small

As the incentive for operators to take on residents with more complex health issues grows, major skilled nursing players see a path forward in boosting their clinical capabilities. Custodial long-term care is on the way out, Sabra Health Care REIT (Nasdaq: SBRA) CEO Rick Matros said last year at a major industry conference. Meanwhile, skilled nursing provider […]

Managed Care Payments Continue to Squeeze Skilled Nursing Providers

As the shift to value-based payments and managed care grows, data shows that skilled nursing providers are seeing revenue per patient under these agreements slide as the patient mix increases. The National Investment Center for Seniors Housing (NIC) found that managed Medicare patient mix at standalone skilled nursing facilities has been growing steadily. In the […]