Kentucky SNF to Break Ground in July After Eight-Year Wait After an eight-year process that saw legal actions and the death of the project’s champion, the Loveland, Ohio-based Carespring Health Care Management finally has a start date for construction on a skilled nursing facility in the Cincinnati suburb of Boone County, Ky. Carespring will break […]
While the exact effects of the Senate’s version American Health Care Act remain to be seen, one leading home health care company says the legislation could shift dollars away from institutional care — directly contradicting an earlier report that indicated skilled nursing would represent a vital care option that states would be loath to take […]
Welcome to an eventful Friday in the world of skilled nursing, as both industry players and average Americans still struggle to untangle the implications of the Senate’s version of the American Health Care Act — and the Senate GOP leadership attempts to wrangle enough votes to pass the legislation by the time Congress takes off […]
The U.S. Senate on Thursday released the long-awaited details of its Obamacare repeal plan, confirming rumors that it would see the House’s plan to cut Medicaid spending and raise it — potentially spelling trouble for skilled nursing operators. Medicaid remains the single largest payer for skilled nursing services in the United States, shelling out $55 billion to SNFs […]
Chief executives and financial managers who work in California’s skilled nursing industry make more per year than the national average for those professions, while general and operations managers earn less. That’s according to a sample from a newly launched National Investment Center for Seniors Housing & Care (NIC) MAP report that tracks metropolitan, state, and national employment and wage […]
As the Senate reportedly prepares to release its version of legislation that would repeal and replace the Affordable Care Act, a leading health care nonprofit warns that changes to the Medicaid program under the American Health Care Act could harm the skilled nursing industry. Medicaid represents the largest payer for skilled nursing services, providing $55 […]
Florida Gov. Rick Scott signed into law this week a health care bill that will bring a prospective payment system (PPS) to skilled nursing providers for Medicaid, but a statewide trade group says it has several issues with the legislation that it hopes to address before it takes full effect in 2018. Under the new law, […]
Several publicly traded real estate investment trusts (REITs) have backed off skilled nursing in recent months and years, but one major player recently made an eye-popping investment in the asset class. The largest health care REITs — Ventas (NYSE: VTR), Welltower (NYSE: HCN), and HCP (NYSE: HCP) — all have either spun off the majority […]
Genesis HealthCare (NYSE: GEN) on Friday announced the execution of a $53.6 million settlement with the United States Department of Justice over a variety of improper billing allegations. The Kennett Square, Pa.-based post-acute provider denied all of the government’s claims, which included four separate sets of allegations involving various Genesis subsidiaries. In its complaint, the DOJ […]
The American Health Care Act (AHCA)—the Republican plan to repeal and replace Obamacare—would alter the way Medicaid is funded, and could influence more states to shift care back to skilled nursing facilities (SNFs), according to a recent report. By switching Medicaid financing to per capita caps, which provides states with an aggregate amount of funding […]
It’s Friday afternoon, which means it’s time for a quick look back at the biggest skilled nursing headlines of the past week, and a peek into what could be on the horizon in the coming days. Skilled Nursing News brought you extensive coverage from the Post Acute Link Care Continuum Conference in our hometown of […]
Health care providers across the care continuum are focused on being a preferred provider, and developing referral relationships with hospitals and health systems can take some legwork. Several experts shared their unique perspectives on the matter at the Post Acute Link Care Continuum Conference in Chicago this week, touching on how to win the attention […]
The senior care market has been invaded by robots aiming to assist patients at every level of care. And now one technology company is seeking to create avatars for seniors to recover after surgery at skilled nursing facilities (SNFs) or at home. Reflexion Health, a San Diego-based technology startup, aims to improve the health of […]
Symphony Post Acute Network has helped redefine the skilled nursing, transitional care business—so much so, some other providers in Symphony’s markets are banding together to stay competitive. But what exactly does Symphony’s model involve? It’s a mixture of elements that together create a “super SNF,” Symphony President Tim Fields said Tuesday at the Post Acute […]
While the nation stood transfixed by former FBI director James Comey’s testimony before the Senate, that same body moved closer to finding a Trumpcare bill that could satisfy the skeptics among its ranks. The under-the-radar movement was enough to prompt one Washington insider, speaking before a health care conference in Chicago on Sunday, to predict […]
The private equity firm that has owned skilled nursing provider HCR ManorCare for the past decade is currently in the process of “ceding control” to its landlord, Quality Care Properties, Inc. (NYSE: QCP), either through bankruptcy or an out-of-court settlement, the New York Post reported Sunday. Citing unnamed sources, the Post reported that Toledo, Ohio-based […]
The skilled nursing industry is in a heap of trouble, and there’s only so much that operators can do about it. That was the bleak message from Lincoln Healthcare Leadership President and founder David Ellis to the crowd at the Post Acute Link Care Continuum Conference in Chicago on Sunday, summarizing the results of a […]
Quality Care Properties (NYSE: QCP) on Thursday reached out to HCR ManorCare’s lenders with a request for funding as it considers an equity takeover of its primary skilled nursing tenant. The Bethesda, Md.-based real estate investment trust (REIT) has disclosed that it is in talks with numerous stakeholders as it mulls acquiring ownership of the Toledo, […]
Younger certified nursing assistants (CNAs) tend to have different complaints about the skilled nursing workplace than older CNAs, and awareness of these generational differences could be the first step toward more effective retention efforts. That’s one key takeaway from a small study out of Armstrong State University in Savannah, Ga. Researchers surveyed 100 CNAs at […]
The American Health Care Act would gradually constrict skilled nursing and other health providers’ ability to care for Medicaid patients over the coming decades, especially as the proportion of Medicaid recipients aged 85 and older increases, a new report from AARP alleges. The Washington, D.C.-based advocacy group’s concern stems from the AHCA’s mandate to shift […]
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