Rates for nursing homes, in-home care down: report
By
Kathleen Steele Gaivin
Mar 28, 2024
Movement of rates for long-term care is mixed, with assisted living and home health aide rates up but rates for in-home nursing visits and nursing homes declined year over year, according to a new report...
Long-term care mergers and acquisitions drop 13 percent from last quarter
By
Kathleen Steele Gaivin
Apr 18, 2023
Mergers and acquisitions in senior living and skilled nursing in the first quarter included just 98 transactions. That’s 13% fewer than the 112 transactions that occurred in the fourth quarter of 2022,...
Long-term care corporate executives see 2.67 percent salary increase
By
Kathleen Steele Gaivin
Feb 10, 2022
Long-term care corporate executives saw an average 2.67% increase in salary in 2021, according to the 38th edition of the Multi-Facility Corporate Compensation Report, released Thursday by the Hospital...
Lawmakers re-introduce bill to waive 3-day stay requirement
By
Kathleen Steele Gaivin
Jun 03, 2021
A bipartisan cadre of lawmakers reintroduced the Improving Access to Medicare Coverage Act of 2021 in the House of Representatives on Tuesday. If passed, the legislation would make permanent last year’s...
SNFs, CCRCs ‘off the pace’ for recruiting, retaining workers: Fitch
By
Kathleen Steele Gaivin
Apr 16, 2024
Skilled nursing facilities and continuing care retirement / life plan communities “are still well off the pace needed to reach a full post-pandemic recovery” in terms of their workforces, according...
Few long-term care operators report being fully staffed
By
Kathleen Steele Gaivin
Sep 23, 2021
Just 1% of nursing homes and 4% of assisted living communities participating in a recent survey by the American Health Care Association / National Center for Assisted Living reported being fully staffed....
New monetary penalties for SNFs in California is ‘major policy change’
By
Kathleen Steele Gaivin
Aug 03, 2021
Skilled nursing facilities in California will face much higher fines for not complying with transfer discharge hearing decisions under a new bill signed into law last week by Gov. Gaivin Newsom (D).
Long-term care mergers and acquisitions increase year over year
By
Kathleen Steele Gaivin
Apr 11, 2024
Mergers and acquisitions involving senior living communities and skilled nursing facilities increased by 34% year over year in the first quarter, according to data from LevinPro LTC.
Nursing home care costs rising fastest among private-payer healthcare services
By
Kathleen Steele Gaivin
Apr 24, 2023
Private-payer healthcare services price growth hit a new record high, with prices for nursing home care increasing at the fastest rate among healthcare categories, at 7%. That’s according to Altarum’s...
‘Nothing less than a crisis’ as 45 percent of SNFs cite serious financial issues in AHCA survey
By
Kathleen Steele Gaivin
Mar 06, 2024
Forty-five percent of skilled nursing facility participants in a new survey said they are “either operating in the red or barely breaking even.”